$ATOM/USDT 2D (Binance Futures) Falling wedge breakout & retest

15 lug 2021

Cosmos has broken out bullish on High Time Frame (HTF) and could made a nice run if manages to bounce on that 200MA retest!

Current Price= 10.848
Buy Entry= 10.595 - 9.543
Take Profit= 13.431 | 15.874 | 18.765
Stop Loss= 7.369

Risk/Reward= 1:1.25 | 1:2.15 | 1:3.22
Expected Profit= +33.39% | +57.65% | +86.36%
Possible Loss= -26.81%

Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 2.5 months

21 lug 2021

Nota

Entry missed by 0.044$

Cosmos dipped and bounced as expected, unfortunately we were not filled, maybe next dip!

21 lug 2021

Trade attivo

First entry filled

Cosmos almost hit first target then pulled back to demand zone, now retesting 200MA and wedge support!

21 lug 2021

Nota

Second entry filled

Cosmos dipped inside the wedge then suddenly bounced back and is now forming a hammer candle if closes that way.
Things are starting to look good again, let's hope 200MA could be regained soon! 📈

2 ago 2021

Trade chiuso: obiettivo raggiunto

TP1 reached with +33.39% (1x) and +1.25R

Cosmos bounced on wedge retest and perfectly hit first target 💪🏼
The got rejected on first attempt to break-out of the descending Trend-Line.
Will probably make it later but we moved SL to 2nd entry (9.543$) anyway!

17 ago 2021

Trade chiuso: obiettivo raggiunto

TP2 reached with +57.65% (1x) and +2.15R

Cosmos has regained 50MA and is going towards an other galaxy 💫
Very nice profit booked and SL updated to 1st entry now (10.595$) to be safe!

19 ago 2021

Trade chiuso: obiettivo raggiunto

TP3 reached with +86.36% (1x) and +3.22R

Cosmos achieved all targets with up to +103.22% from average entry, what a rocket!