Following the major CH, ATOM made a bullish move and broke above an important bearish trendline. It is now pulling back toward this trendline.
Within the demand zone, you may look for buy/long opportunities after receiving proper confirmation. Be sure to manage your risk appropriately.
The targets are marked on the chart. We recommend moving your stop-loss to breakeven at the first target and securing a portion of your profits, so that any potential downside reversal does not erase your gains.
A daily candle close below the invalidation level will invalidate this bullish outlook.
If you would like us to analyze a coin or altcoin for you, first like this post, then comment the name of your altcoin below.
What is your opinion about COSMOS?
Within the demand zone, you may look for buy/long opportunities after receiving proper confirmation. Be sure to manage your risk appropriately.
The targets are marked on the chart. We recommend moving your stop-loss to breakeven at the first target and securing a portion of your profits, so that any potential downside reversal does not erase your gains.
A daily candle close below the invalidation level will invalidate this bullish outlook.
If you would like us to analyze a coin or altcoin for you, first like this post, then comment the name of your altcoin below.
What is your opinion about COSMOS?
Trade chiuso manualmente
The invalidation condition for this analysis was a daily candle close below the invalidation level. No daily candle closed below that level; however, the market maker swept the stops with a wick, triggering stop losses and shaking traders out of their positions.From our entry zone, price moved more than 15% higher and successfully reached our first target. However, due to the stop hunt by the market maker, it wasn't the smoothest or most enjoyable move to trade.
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🔥 We provide signals and analysis on Telegram hourly and daily
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🔥 Exclusive signals are only published on our Telegram channels.
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🔥 High profit futures and spot signals are published only on our Telegram
t.me/iMoney_T
🔥 We provide signals and analysis on Telegram hourly and daily
t.me/iMoney_T
🔥 Exclusive signals are only published on our Telegram channels.
t.me/iMoney_T
🔥 We provide signals and analysis on Telegram hourly and daily
t.me/iMoney_T
🔥 Exclusive signals are only published on our Telegram channels.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.