Forwarded from Power VIP-Signals (ABKK)
🚩Asset: #Cosmos $ATOM
🚩Trade: #ATOMUSDT (long term)
🛠 If you open this trade, you need to wait patiently until we see a factor that will push the price up to the $17 resistance level, which is the top of the range that $ATOM need to test before occurring a breakout, in order to exit from this 620-day range. It will be a move away from its bottom, and finally the possibility to built a solid bullish channel to return to its ATH.
➡️ Buy Entry: $8-10 (as we have high targets, the entry price can go up to $11-12)
💰 Take-Profit Targets:
1️⃣ $22
2️⃣ $32 (Fib 61.8%)
3️⃣ $43
❇️ ATH @ $44.70
4️⃣ $75 (Fib ext. 161.8%)
⛔️ Stop-Loss to be placed under the last lowest.
____________
TA from 17-Jan created on TradingView by @PowerCryptoClub
🚩Trade: #ATOMUSDT (long term)
🛠 If you open this trade, you need to wait patiently until we see a factor that will push the price up to the $17 resistance level, which is the top of the range that $ATOM need to test before occurring a breakout, in order to exit from this 620-day range. It will be a move away from its bottom, and finally the possibility to built a solid bullish channel to return to its ATH.
➡️ Buy Entry: $8-10 (as we have high targets, the entry price can go up to $11-12)
💰 Take-Profit Targets:
1️⃣ $22
2️⃣ $32 (Fib 61.8%)
3️⃣ $43
❇️ ATH @ $44.70
4️⃣ $75 (Fib ext. 161.8%)
⛔️ Stop-Loss to be placed under the last lowest.
____________
TA from 17-Jan created on TradingView by @PowerCryptoClub