ATA / TetherUS
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ATAUSDT - Inverse Head & Shoulder Reversal Pattern Idea LONG ♥

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What's up TradingView Fam!

This time I'm giving you a coin that hasn't moved for a while but an incoming up move is in the works. We can clearly see several hints put together giving that confluence we need !

  • 1) Coin is at Monthly Support Key Level
  • 2) It has been in consolidation for a long period of time hinting a probably accumulation bound to break out soon.
  • 3) We already got a breakout from the descending channel pattern pointing at a change in sentiment from bearish to neutral leading to bullish!
  • 4) On Daily TF we can clearly see an inverse head and shoulder pattern which is rare to spot! If it breaks the neckline, there you get your confirmation!


I recommend to trade SPOT as this coin is overall in a ranging market, so beware.
Targets are displayed on the chart!

Take care and happy trading!
Kina
註釋
TP 1 and TP 2 HIT! YEAAAAAH

Pretty soon will hit TP 3, so brace yourselves!
註釋
Huge retracement back to TP1 there's a chance to enter and target TP3 but it's going to take a while as long as BTC keeps ranging.
交易結束:目標達成
TP 3 HIT with flying colors!!! All Targets met ♥

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