ATOMUSDT - 12h timeframe

I have entered into a long position in Atom as I believe that wave 2 on the 12-hour timeframe is soon to be completed. This gives me reason to believe that wave 3 will soon follow, which I plan to ride in order to profit from the price increase.

It's important to note that the Elliott Wave Theory is not a guaranteed predictor of market trends, and conditions can always change. However, I believe that the current market conditions suggest that Atom is poised for a price increase, and I am confident in my decision to enter this long position.

As always, it's important to closely monitor market conditions and adjust your position accordingly. However, I am optimistic about the potential for profit in this long position and am excited to see how it develops.

Long Entries:

11.52
10.95
9.79

TP Levels currently only ideas and not finally planned:

*18.83
*26.37

交易進行

We have hit the first entry level at 11.52.

交易進行

New Accumulation zone hit -> adding a couple of Atoms to my trade. Current entry level -> 11.23 USDT

註釋

-> expected target zone added

註釋

On lower timeframe we have now hit Wave 2. This target I have used to add again some more ATOM to my trade. Afterwards we are ready for min Wave 3 in hour Wave 3, which is usually one of the best and steepest impuls waves.
I am now fully loaded on my trade.

SL moved upwards to 10. 394 USD. This will protect my Risk to -1.24% . Originally I was planning with 2% risk. Next important step will be to move SL to BE, so I will not loose anything if the plan doesn't work.