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$ATOM/USDT 8h (Binance Futures) Symmetrical triangle breakout
Cosmos / TetherUS PERPETUAL CONTRACT
Long
$ATOM/USDT 8h (Binance Futures) Symmetrical triangle breakout
By TradingOn
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Updated
Mar 16, 2021
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Cheer
Cheer
Mar 15, 2021
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
Mar 16, 2021
Trade active
First entry filled
Cosmos dipped and bounced back, we are officially in and it looks quite promising!
Mar 16, 2021
Trade active
Second entry filled then +22.38% (2x) already
Cosmos went down a last time and is now clearly breaking out 💪🏼
Mar 18, 2021
Trade closed: target reached
TP1 reached with +45.82% (2x) and +2R
Cosmos perfectly respecting the Technical Analysis (TA) and bringing great profit!
ATOM
ATOMUSDT
cosmos
Trend Analysis
TradingOn
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