Hi dear friends, hope you are well and welcome to the new update on Automata Network ( ATA )
Previously we caught a nice trade of ATA as below:
Now on a daily time frame, ATA with BTC pair has formed a bullish Gartley move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop...
Hi dear friends, hope you are well and welcome to the new update on Automata Network ( ATA ) token with US Dollar pair.
Previously I shared a long-term trade setup for ATA , which is still in play as below:
Now on a 4-hr time frame, ATA has formed a bullish BAT move for another bullish reversal move. At the moment after the completion of the final leg the...
What Is Automata (ATA)?
Automata is a high-performance compute protocol that empowers Web 3.0 applications and businesses with privacy-first, high assurance, and friction-less transactions. Its mission is to provide the functionalities and infrastructure necessary to realize the vision of a seamless Web 3.0 experience. It tackles the lack of transparency in data...
Ata broke out from falling wedge with some volume.aAfter brakeout succesfully retest that level.if we get close outside of the range it will confirm direction.target on chart
ANALYSIS 🔎
- ATABUSD is testing the all time low support (@0.33919)
- Price action is printing a pennant pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Market entry: current market price (CMP).
- Stop limit entry: breakout above the pennant pattern's inclined resistance.
- Limit entry: test of the pennant pattern's inclined support.
TARGETS 🎯
-...
ANALYSIS 🔎
- ATABUSD is bounded in the ascending channel.
- Price is testing the ascending channel support.
- Price action is printing a pennant pattern.
- A pennant pattern is a trend continuation pattern.
- A bullish continuation pattern in this case.
- There's a breakout potential.
BUY ENTRY ⬆️
- Stop limit entry : breakout above the pennant pattern's inclined...
