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Mar 15, 2021 4:24 PM

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

Cosmos / TetherUS PERPETUAL CONTRACTBinance

Description

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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