$ATOM/USDT 4h (Binance Futures) Descending triangle breakout
Cosmos broke out of that triangle and is now supported by 100EMA.
Current Price= 8.066
Buy Entry= 8.078 - 7.830
Take Profit= 9.296 | 10.199 | 11.489
Stop Loss= 7.062
Risk/Reward= 1:1.5 | 1:2.52 | 1:3.96
Expected Profit= +16.87% | +28.22% | +44.44%
Possible Loss= -11.21%
Fib. Retracement= 0.786 | 1 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 360h
Current Price= 8.066
Buy Entry= 8.078 - 7.830
Take Profit= 9.296 | 10.199 | 11.489
Stop Loss= 7.062
Risk/Reward= 1:1.5 | 1:2.52 | 1:3.96
Expected Profit= +16.87% | +28.22% | +44.44%
Possible Loss= -11.21%
Fib. Retracement= 0.786 | 1 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 360h
Trade closed: target reached
TP2 reached with +28.22% (1x) and 2.52RAll entries were filled for Cosmos then went up for second target, pretty accurate I must say!
Trade closed: target reached
TP3 with +44.44% (1x) and 3.96RAll targets reached and more for Cosmos, that entry was surely golden!
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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.