Zerene

Cosmos (ATOM) Sell Zone

Short
BINANCE:ATOMUSDT   Cosmos / TetherUS
Cosmos (ATOM) Sell Zone
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BIAS
Short-Term : Bearish
Mid-Term : Neutral

Risk : High

On 4 hours timeframe, Cosmos has formed a short term double top and currently on trendline which means we’ll wait for a breakdown before entering a trade.
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$ATOM/USDT SHORT SETUP
Leverage : x1 - x3

Entry Price : 36.5 - 37.9

TP 1 : 35.5
TP 2 : 34.75
TP 3 : 33.35
TP 4 : 30.65
TP 5 : 29.5
TP 6 : 28.15
TP 7 : 26.75
TP 8 : 25.7

Stop Loss : 41.5

*Maximum 2% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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