TradingOn

$ATOM/BTC 1D (Binance Spot) Descending channel breakout

Long
TradingOn Updated   
BINANCE:ATOMBTC   Cosmos / Bitcoin
I'ts time to swing Cosmos again, there is much room to grow here!

Current Price= 0.0002457
Buy Entry= 0.0002452 - 0.0002332
Take Profit= 0.0002926 | 0.0003554 | 0.0004286
Stop Loss= 0.0002086

Risk/Reward= 1:1.75 | 1:3.8 | 1:6.19
Expected Profit= +22.32% | +48.58% | +79.18%
Possible Loss= -12.79%

Fib. Retracement= 0.386 | 0.5 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 1440h
Trade active:
First entry filled and bounced

Perfect timing for Cosmos as well, went straight up +11.66% and more to come!

Trade closed: target reached:
TP3 would have been reached with +79.18% (1x) and +6.19R

But as you probably know we've been stopped out with -12.79% on #Cosmos a month ago, then it pumped +164%...
That hurts a lot, but seems like a buy back opportunity is coming, I'll keep an eye on that wedge!


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