Research
Trade Setup 31 Oct -2 23
Delta Exchange
October 31, 2023
Bullish View on ATOMUSDT Welcome to Daily Trade Setups. Trade:
- Buy ATOM Perpetual future at $7.9
Stop Loss: $7.3 Target: $8.8 Payoff: Max Profit: $0.90/ATOM Max Loss : $0.6/ATOM
Rationale: On the daily chart of ATOM USDT, it appears that the asset has emerged from a previous downtrend and successfully breached the resistance at the 7.6 level. Following the breakout of a double top pattern, the asset is now in an established uptrend
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