$ATOM/USDT 8h (Binance Futures) Symmetrical triangle breakout
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
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 filledCosmos dipped and bounced back, we are officially in and it looks quite promising!
Trade active
Second entry filled then +22.38% (2x) alreadyCosmos went down a last time and is now clearly breaking out 💪🏼
Trade closed: target reached
TP1 reached with +45.82% (2x) and +2RCosmos perfectly respecting the Technical Analysis (TA) and bringing great profit!
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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.