moon333

Cosmos (ATOM) formed bullish Butterfly for upto 634% big pump

Long
BINANCE:ATOMUSDT   Cosmos / TetherUS
Hi dear patrons, hope you are well and welcome to the new update on Cosmos (ATOM) coin.

On a weekly time frame chart, the price action of ATOM has formed a big bullish Butterfly pattern.

Buy and Sell targets:
Buying range is : $13.52 to $4.94 (right now it is at $7.70)

Sell between: $20.18 to $36.30

Stop loss:
Below: $4.94

Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 634%, and the loss possibility is 36% as per the current price.


Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.

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.