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TrueUrBoss
Jul 19, 2022 11:29 AM

Atom/usdt Long📈 Long

Cosmos / TetherUSBinance

Description

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N.B. I am feeling good about this idea even if there was a 50% chance variable but if you can afford to lose,only then be my guest

Previous important support and resistance zones:

***r1: 9.847
**r2: 9.378

Conditions for long:
1. Symmetrical triangle breakout
2.trendline breakout
3.momentum indicator trendline breakout
4.previous important resistance zone***r1 breakout
6.Money flow index turned green from red
7.volatility has increased
8.di+ is above the di-

Re-entry:
1.when price bounce from the previous resistance zone***r1

Stoploss:
1.below the previous resistance zone of ***r1: 9.847

Take profit:
1.take profit is dynamic/trailing stop loss

Exit point:
1.will be updated later in the comments box
Comments
TrueUrBoss
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Take profit hit
Esmat2021
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@TrueUrBoss, Whats the next target ? what you think ?
TrueUrBoss
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@Esmat2021 I will not be available for 2 weeks so follow me for the updates
TrueUrBoss
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I think price can break the resistance zone
TrueUrBoss
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Price has now touched a resistance zone, Stoploss is now at breakeven so it's a risk free trade now
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