One of the great things about the Atlas Line is that it doesn’t “change its mind” throughout the day. A little while after the market opens, the line the Atlas Line produces begins to grow in the same, constant direction. How price moves around the line is what’s important. That movement determines the entry opportunities. Thusly, if two closing bars close above or below the line, that justifies an entry. There’s obviously more to the strategy than is described. Perhaps now you should watch the video to get a better sense, visually, of how it works…
There are Strength (S) and Pullback (P) signals, here, that provide other entry opportunities. Intrigued as to how these work? They’re explained fully after purchase. It’s a price pattern, that is, a pattern among candles that justifies the entry into a Pullback or Strength trade. Like the remainder of the Atlas Line signals, the underlying approach is price action. It can be said price action is a general methodology in which the movement of price determines the behavior of the trader and/or trading system.
Cryptocurrency trading has become increasingly popular. Many people consider crypto to be a foolish long-term investment. Yes, many have made money, but the adoption and rejection of crypto by companies and organizations (who do plenty of business via traditional currency) can make or break short and long-term crypto gains.
Get what I’m saying?
Why rely on any financial system that has its roots in organizations that seek to manipulate using what has long been considered a controlled/manipulated system: traditional world currencies?
If one can use traditional currency to acquire crypto, how soon would crypto be largely bought out by those with massively deep pockets?
Thus, there is a reasonable basis for the claim that crypto, too, is a manipulated currency exchange/platform. The purity of crypto was to be the computational constraints and equalized distribution.
Maybe at the onset there was some purity intact, but over time, as stated, how much of crypto was “bought out” by very wealthy players?
Would those wealthy players not seek to also control/manipulated yet another market?
Those who have large stakes in crypto, like Bitcoin (often traded as BTC/USD) may be long-term holders or have liquidated some of their holdings by this point, in 2021. So, the crypto market could well be segregated into individual/retail transactions of a fairly pure nature, institutionalized control/balances, and long-term stakeholders. In 2021, we have seen a crackdown on crypto mining due to environmental/power consumption concerns. Many of those concerns appear to be legitimate – mining resources from the Earth and draining further resources, such as those relied on by power grids, for example.
The opportunity for a regular person to gain significant income via crypto mining – those days have long since passed. In effect, we have seen the emergence of many crypto markets, each promising varying degrees of security, stability, and prosperity.
Do you believe that any crypto market worth any true value would not be “bought up” and controlled? Indeed, it is easier to make money if you have money. Common sense will probably tell you that (or anyone in real estate). Let’s not fall into illusions of prosperity – especially those of targeted and eventually rigged systems. Speaking of real estate, what happens in the game of Monopoly when all of the property is acquired? Many players get upset and are ready to turn over the entire “board” game…