ATOM/USDT 1h (Binance Fut.) Parallel channel breakdown
Cosmos just broke the support, I'm expecting some more retracement.
Current Price= 7.792
Sell Entry= 7.749 - 8.011
Take Profit= 7.340 | 6.922 | 6.529
Stop Loss= 8.420
Risk/Reward= 1:1 | 1:1.77 | 1:2.5
Expected Profit= +27.40% | +48.64% | +68.56%
Possible Loss= -27.40%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 4x
Estimated Gain-time= 120h
Current Price= 7.792
Sell Entry= 7.749 - 8.011
Take Profit= 7.340 | 6.922 | 6.529
Stop Loss= 8.420
Risk/Reward= 1:1 | 1:1.77 | 1:2.5
Expected Profit= +27.40% | +48.64% | +68.56%
Possible Loss= -27.40%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 4x
Estimated Gain-time= 120h
Trade closed: target reached
TP3 with +68% from best entry 🎯Cosmos went for last target after getting back to sell zone twice.
If you held so far, well done, you can take profit now!
Soon could be an opportunity to long ATOM again.
In the meantime, if you could give me some likes in hereto help me grow 🙏🏼
Related publications
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.
Related publications
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.