Cosmos / BitcoinLong
ATOM entry position
Please feel free to share your view on this pair down below in the comment section. I'm more than happy to be challenged and have an interaction on this idea.
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ATOM getting some bullish momentum
- Has set three higher highs
- After which price has retested the previous high every time
- Price followed the trendline
- Tested 50MA, retraced and broke through
- Now: retest 50 MA and previous high
If we break our current high of 5300 sats, we have no more resistance and could see ATOM surge towards the 6300 - 6500 sats zone.
Aggressive entry: now
Conservative entry: wait for break 5300 and buy on retest
TP1: 6300 - 6500 sats
TP2: 7500 sats
Aggressive SL: 4849 sats
Conservative SL: 5100 sats
How do you feel about this?
Also make sure to leave a like as it helps me out a lot!
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ATOM getting some bullish momentum
- Has set three higher highs
- After which price has retested the previous high every time
- Price followed the trendline
- Tested 50MA, retraced and broke through
- Now: retest 50 MA and previous high
If we break our current high of 5300 sats, we have no more resistance and could see ATOM surge towards the 6300 - 6500 sats zone.
Aggressive entry: now
Conservative entry: wait for break 5300 and buy on retest
TP1: 6300 - 6500 sats
TP2: 7500 sats
Aggressive SL: 4849 sats
Conservative SL: 5100 sats
How do you feel about this?
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