Cosmos Network has pulled back to 100EMA support, seems ready to bounce and resume bullish here!
Current Price= 0.0004900
Buy Entry= 0.0004904 - 0.0004394
Take Profit= 0.0006795 | 0.0009367 | 0.0014620
Stop Loss= 0.0003574
Risk/Reward= 1:2 | 1:4.39 | 1:9.28
Expected Profit= +46.16% | +101.48% | +214.48%
Possible Loss= -23.12%
Fib. Retracement= 0.5 | 0.883 | 1.414
Margin Leverage= 1x
Estimated Gain-time= 7 months
Website: cosmos.network
Contracts:
#Mainnet
Current Price= 0.0004900
Buy Entry= 0.0004904 - 0.0004394
Take Profit= 0.0006795 | 0.0009367 | 0.0014620
Stop Loss= 0.0003574
Risk/Reward= 1:2 | 1:4.39 | 1:9.28
Expected Profit= +46.16% | +101.48% | +214.48%
Possible Loss= -23.12%
Fib. Retracement= 0.5 | 0.883 | 1.414
Margin Leverage= 1x
Estimated Gain-time= 7 months
Website: cosmos.network
Contracts:
#Mainnet
Trade closed: target reached
TP1 reached with +46.16% and +2RCosmos Network bounced on support as predicted after filling all entries! 🔮
How nice is that to end the year? SL adjusted to lowest entry point (0.0004384₿)
Trade closed: target reached
TP2 reached with +101.48% and +4.39RCosmos Network kept going up like never before, what a bullish beast!
Last target is obviously in play, SL edited to highest entry (0.0004914₿) and let it go.
Note
Back down to TP1CosmosNetwork retraced to ascending trendline support and 100EMA is still following the uptrend.
Final target remains valid but could take some time, hitting 0.0012300 in the coming months would make sense!
Note
+34.60% since last reminderCosmosNetwork bounced in satoshi as well and looks very strong, road back to TP2 📈
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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.