ATOM/USDT 12h (Binance Futures) Broken trendline retest
#Cosmos is retesting that trendline support, as long as it holds I believe we are good to go up!
Current Price= 5.118
Buy Entry= 5.300 - 5.000
Take Profit= 5.723 | 6.313 | 6.902
Stop Loss= 4.676
Risk/Reward= 1:1.5 | 1:2.91 | 1:4.31
Expected Profit= +12.33% | +23.91% | +35.47%
Possible Loss= -8.22%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 900h
Current Price= 5.118
Buy Entry= 5.300 - 5.000
Take Profit= 5.723 | 6.313 | 6.902
Stop Loss= 4.676
Risk/Reward= 1:1.5 | 1:2.91 | 1:4.31
Expected Profit= +12.33% | +23.91% | +35.47%
Possible Loss= -8.22%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 900h
Note
New SL would have been hit by nowBut yesterday I updated it as it originally was, and now I just put it even lower because it's on parallel channel support.
I know this is risky but since it's a no leverage set-up and we are reaching a strong demand zone, I guess it could be worth it.
In fact I just added to my position by buying more, you can do the same if you want to, or close it now if you prefer not to take that risk!
Always manage risk, respect leverage & position size!
Auto trading channels using Cornix bot:
t.me/TradingOnCornix (3 TPs)
t.me/HedgeMeDerivatives (1 TP)
t.me/HedgeMeSpot (vs BTC)
Don't hesitate to send DM for more info.
Auto trading channels using Cornix bot:
t.me/TradingOnCornix (3 TPs)
t.me/HedgeMeDerivatives (1 TP)
t.me/HedgeMeSpot (vs BTC)
Don't hesitate to send DM for more info.
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Always manage risk, respect leverage & position size!
Auto trading channels using Cornix bot:
t.me/TradingOnCornix (3 TPs)
t.me/HedgeMeDerivatives (1 TP)
t.me/HedgeMeSpot (vs BTC)
Don't hesitate to send DM for more info.
Auto trading channels using Cornix bot:
t.me/TradingOnCornix (3 TPs)
t.me/HedgeMeDerivatives (1 TP)
t.me/HedgeMeSpot (vs BTC)
Don't hesitate to send DM for more info.
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.