Bulish
BTC Are you bullish enough yet?Chart speaks thousand words. Sometimes you just need to zoom out. This is a monthly chart with each of the last SIX monthly bar wicks high untested! Do you think that the market will leave that liquidity up there untouched? It won't. Not to mention that halving is just around a corner (www.ig.com). Will you be able to watch this go to 6 digits without you?
ATOM/BTC trade idea (Bullish)Hello everyone, today I'm sharing with you my ATOM/BTC idea.
First of all, I'm quite bullish on Cosmos on the long term.
According to me its fundamentals are strong, but for now let's stick to my short-term idea:
- ATOM/BTC is ranging inside an ascending channel (bearish pattern)
- We can expect a retracement in the coming days.
- This retracement should be a nice entry;here's why:
* Fibonacci 61.8
* quite a big liquidity zone
Good probability to bounce from here.
Entry ~ 4055 - 3820
TP 5040
SL 3190
A very simple setup
Have a nice day!