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$ATOM/USDT 8h (Binance Futures) Symmetrical triangle breakout

Long
TradingOn Updated   
BINANCE:ATOMUSDT.P   Cosmos / TetherUS PERPETUAL CONTRACT
Cosmos is looking very bullish, especially after breaking out of the small falling wedge!

Current Price= 20.053
Buy Entry= 19.635 - 18.625
Take Profit= 23.512 | 30.915 | 40.813
Stop Loss= 16.936

Risk/Reward= 1:2 | 1:5.37 | 1:9.88
Expected Profit= +45.82% | +123.20% | +226.70%
Possible Loss= -22.94%

Fib. Retracement= 0.786 | 1.272 | 1.764
Margin Leverage= 2x
Estimated Gain-time= 1 month
Trade active:
First entry filled

Cosmos dipped and bounced back, we are officially in and it looks quite promising!

Trade active:
Second entry filled then +22.38% (2x) already

Cosmos went down a last time and is now clearly breaking out 💪🏼

Trade closed: target reached:
TP1 reached with +45.82% (2x) and +2R

Cosmos perfectly respecting the Technical Analysis (TA) and bringing great profit!


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