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Dec 8, 2021 1:15 PM

$ATOM/BTC 3D (Binance Spot) Symmetrical triangle break & retest Long

Cosmos / BitcoinBinance

Description

Cosmos Network has pulled back to 100EMA support, seems ready to bounce and resume bullish here!

Current Price= 0.0004900
Buy Entry= 0.0004904 - 0.0004394
Take Profit= 0.0006795 | 0.0009367 | 0.0014620
Stop Loss= 0.0003574

Risk/Reward= 1:2 | 1:4.39 | 1:9.28
Expected Profit= +46.16% | +101.48% | +214.48%
Possible Loss= -23.12%

Fib. Retracement= 0.5 | 0.883 | 1.414
Margin Leverage= 1x
Estimated Gain-time= 7 months

Website: cosmos.network

Contracts:
#Mainnet

Trade closed: target reached

TP1 reached with +46.16% and +2R

Cosmos Network bounced on support as predicted after filling all entries! 🔮
How nice is that to end the year? SL adjusted to lowest entry point (0.0004384₿)

Trade closed: target reached

TP2 reached with +101.48% and +4.39R

Cosmos Network kept going up like never before, what a bullish beast!
Last target is obviously in play, SL edited to highest entry (0.0004914₿) and let it go.

Comment

Back down to TP1

CosmosNetwork retraced to ascending trendline support and 100EMA is still following the uptrend.
Final target remains valid but could take some time, hitting 0.0012300 in the coming months would make sense!

Comment

+34.60% since last reminder

CosmosNetwork bounced in satoshi as well and looks very strong, road back to TP2 📈

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