MarketMinds

ATOM/BTC very risky trade for low reward.

BINANCE:ATOMBTC   Cosmos / Bitcoin
Hello Traders,

ATOM/ BTC dont have a profit/loss factor trading,
For us to enter a position we always have a stop loss value, and for that our target has to be at least twice as much as our stop value, that is, for us we enter a position where our stop is at 4% we will want to profit at least 8% in this operation to be worth the risk.
For atom we can see that the only entry point that make sense is above the 0.00045 sats , and we have a very important resistance at 0.00050 sats , that means our stop will be 10% to have a chance to win 10%, so dont worth the risky that is what we call profit loss factor.

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