$ATOM/USDT 6h (Binance Futures) Ascending triangle breakout
Updated
#Cosmos just broke out the triangle and is retesting it right now, good place for a swing!
Current Price= 5.438
Buy Entry= 5.430 - 5.302
Take Profit= 5.633 | 5.988 | 6.478
Stop Loss= 5.099
Risk/Reward= 1:1 | 1:2.33 | 1:4.16
Expected Profit= +9.96% | +23.18% | +41.44%
Possible Loss= -9.96%
Fib. Retracement= 0.618 | 0.786 | 1
Margin Leverage= 2x
Estimated Gain-time= 360h
Current Price= 5.438
Buy Entry= 5.430 - 5.302
Take Profit= 5.633 | 5.988 | 6.478
Stop Loss= 5.099
Risk/Reward= 1:1 | 1:2.33 | 1:4.16
Expected Profit= +9.96% | +23.18% | +41.44%
Possible Loss= -9.96%
Fib. Retracement= 0.618 | 0.786 | 1
Margin Leverage= 2x
Estimated Gain-time= 360h
Trade closed: target reached
TP1 with +9.96% (2x) & 1R#Cosmos took its time to wake up, but perfectly retested the broken triangle then pumped!
Related publications
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.