Atlas DEX (Huobi: ATSUSDT) has broken out of the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com(log scale))
Elliott Wave Analysis
In Elliott Wave terms, ATS began a red wave one advance on January 25. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on February 2 and the red wave two (blue sub-waves a-b-c) correction ended on February 25. If this wave count is correct, ATS should be heading next towards the February 2 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Atlas DEX is a cross-chain DEX built on the Solana blockchain with the main purpose of providing users with aggregated liquidity through a single user-friendly UI. Akahilz Tube reviewed the project last month.
(Sources: https://atlasdex.finance/)
How Will Atlas DEX Trade?
Atlas DEX (Huobi: ATSUSDT) daily chart by Tradingview.
(Chart courtesy of Tradingview.com(log scale))
Prizes
I will be giving upvotes to the correct answers (posts only).
Rules
This poll will expire in one week. Only one vote per person.
Which one will happen first?
Please select one of the three choices and comment below.
ATS will takeout the February 2 peak
ATS will drop below the January 25 low
ATS will stay in a trading range between the January 25 low and the February 2 peak until April 10
ATS will drop below the January 25 low
ATS will stay in a trading range between the January 25 low and the February 2 peak until April 10.
Correct. Upvoted your post:
https://blurt.blog/blurtart/@nazirhussain/blurtart-contest-the-blurt-time-machine-the-think-tanker-apj-abdul-kalam
ATS will takeout the February 2 peak
ATS will stay in a trading range between the January 25 low and the February 2 peak until April 10
Hey @maarnio. Cool game you got here. My friend @junglegirl told me to check out your blog. I'm a financial guy and trader myself. You may be interested in what I post, a lot of financial analyst interviews and information.
I know absolutely nothing about this crypto or Solana (other than what you explained in the post), but with 30 years of chart reading experience I'd expect a pretty good bounce here, but to move onto new highs in less than a month, you never know. I'd expect some consolidation and a test of resistance (feb high) before it just blasts through and that may take a bit more time than a month if ever. But with crypto, we've all come to expect the unexpected.
Glad to find a fellow trader/invester here on Blurt! I'm new by the way, my intro post is less than a week old! hahaha
Following and upvoted with my 100 blurt power! lol But I'll ask @junglegirl to keep supporting your work on behalf of both of us. Keep up the fun blog and blurt on!
Correct. Could not make it to the Feb 2 highs just yet.
Welcome to Blurt. Followed you back.
ATS will stay in a trading range between the January 25 low and the February 2 peak until April 10
Correct. Upvoted your post:
https://blurt.blog/blurtindia/@sadique1/4s4wr-calender-today
ATS will takeout the February 2 peak
ATS will stay in a trading range between the January 25 low and the February 2 peak until April 10
Correct. Upvoted your post:
https://blurt.blog/zzan/@kgbinternational/qrweu-5
ATS will stay in a trading range between the January 25 low and the February 2 peak until April 10
Correct. Upvoted your post:
https://blurt.blog/photography/@ace108/buying-the-friday-lunch-or-by-ace108
Thanks
You are welcome.