ATOMUSDT 4H Long setup after break of trendline
Updated
TA Explained
ATOM broke the downwards trendline and is now trading around previous support/current resistance level. The break of the trendline should trigger a break of the resistance area to reach the targets.
Trade setup
Best entries: 3.680 - 3.820
TP1: 4.260
TP2: 4.449
TP3: 4.804
SL: 3.533
RR: 4.86
Max leverage: 3x
—————
Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)
ATOM broke the downwards trendline and is now trading around previous support/current resistance level. The break of the trendline should trigger a break of the resistance area to reach the targets.
Trade setup
Best entries: 3.680 - 3.820
TP1: 4.260
TP2: 4.449
TP3: 4.804
SL: 3.533
RR: 4.86
Max leverage: 3x
—————
Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)
Trade closed: stop reached
If it weren't for that 1 wick... It would have been a very nice profit as all targets were reached afterwards. But since the first target was missed by just as little as 0.0006 this trade got stopped out with a loss of 16.8%
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