Cosmos / TetherUS
Long
Updated

Long on Atom - Possible double-bottom

Well, I wasn't even watching this coin for quite a while now but given its market structure I believe it's worth a shot to risk a long from current prices.

Took out the '22 lows and appears to be printing a nice double-bottom setup on daily timeframe: These setups are by far my favorite since they usually have a low chance of failing, defined risk-reward and obviously a decent ROI.

Target as shown in the chart, not interested in holding this coin longer than that.

Stay safe!
Trade active
Let's see if this will hold :) The others weren't going that great lol

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