BitSauce

COSMOS Levels Im watching

BitSauce Updated   
BINANCE:ATOMUSD   Cosmos
I'd like to build a position in the green box, derisk/take profits in the red box, and repeat until successful s/r flip of $20. Might be too late, could be ready to break out of this range at any time, but a range is a range until it isn't anymore.
Trade active:
Happened much faster than I would have liked, but s/r flip looking really good at the moment.
Caught some nice bids under $20 & opened a small leveraged position here @ 20.50 with a tight stop and hoping for immediate moon, TP @ 22, 23, 24. Going to keep playing this level to level and loading up on s/r retests.
If we lose $20, I'm happy to start buying around $18 again.
Will take a fresh look at a fresh ATOM chart in the morning.
Trade active:
My long punt at 20.50 didn't work out obviously, stopped out for about break even.
Would feel a lot better if we could flip the $20 psychological barrier into support, but still cautiously building spot position below the red box. Maybe Ill slide my bids down a bit and start derisking above $20 in case we get more sideways?
Trade active:
The market was nice enough to fill more of my sub-$20 bids, very cool! Was worried this was running away on me, but patience prevails.
Buying sub-$20, Derisking above $22 this go around, ezpz.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.