ATOM/BTC trade idea (Bullish)

Hello everyone, today I'm sharing with you my ATOM/BTC idea.

First of all, I'm quite bullish on Cosmos on the long term.

According to me its fundamentals are strong, but for now let's stick to my short-term idea:

- ATOM/BTC is ranging inside an ascending channel (bearish pattern)

- We can expect a retracement in the coming days.

- This retracement should be a nice entry;here's why:
* Fibonacci 61.8
* quite a big liquidity zone
Good probability to bounce from here.

Entry ~ 4055 - 3820
TP 5040
SL 3190

A very simple setup

Have a nice day!