$ATOM #ATOM 🚀
Direction: LONG
Entry zone: 1.517 to 1.523
Stop loss: 1.497
Target 1: 1.550
Target 2: 1.573
Cosmos is trading near 1.52 dollars, up 6.69 percent in 24 hours, inside a range of 1.42 to 1.53, and the recent closes show a push that held, 1.52, then 1.53, then 1.51, then 1.52. 📈 My reading is that ATOM is one of the strongest altcoins in this bounce, because it rose almost 7 percent while sitting right under its 24 hour high instead of fading back toward 1.42. A long from the current zone, with a stop below 1.497, targets 1.550 first and then 1.573 if buyers push through the range high. A fall below 1.497 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Cosmos rise to 1.550 first, or fall below 1.497? 🤔
Follow for more trades.
#ATOM #Crypto #FuturesTrading #TradingSignals
Direction: LONG
Entry zone: 1.517 to 1.523
Stop loss: 1.497
Target 1: 1.550
Target 2: 1.573
Cosmos is trading near 1.52 dollars, up 6.69 percent in 24 hours, inside a range of 1.42 to 1.53, and the recent closes show a push that held, 1.52, then 1.53, then 1.51, then 1.52. 📈 My reading is that ATOM is one of the strongest altcoins in this bounce, because it rose almost 7 percent while sitting right under its 24 hour high instead of fading back toward 1.42. A long from the current zone, with a stop below 1.497, targets 1.550 first and then 1.573 if buyers push through the range high. A fall below 1.497 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Cosmos rise to 1.550 first, or fall below 1.497? 🤔
Follow for more trades.
#ATOM #Crypto #FuturesTrading #TradingSignals
