ATOM- BULLISH MOMENTUM
2024-12-05

Eyeing Altcoins Near Their March 2024 Highs
  BINANCE:ATOMUSDT  
I focus on setups where altcoins are approaching their potential March 2024 peaks. These trades are straightforward in strategy but challenging emotionally, as we can expect turbulence and liquidation cascades along the way.

Bullish Arguments

PMH being disrespected
PML being disrespected
PWH being disrespected
PWL being disrespected
PDL being disrespected
PDH being disrespected

Bearish Arguments:

4H swing high being respected
4H swing low being respected

Trade Management
I keep a tight SL to protect capital in case the market hunts liquidity. If stopped out, I’ll reassess and re-enter if price action confirms. TP is around the March 2024 zone, but partial profits may be taken earlier.

A Word of Caution
As futures trading intensifies, we’ll encounter frequent liquidation cascades and stop hunts. This is where discipline and resilience truly matter. The hardest phase starts now.

Trade wisely, stay focused, and take care.