ATOM/USDT
🟢entry: 29.710-28.985
❌stoploss: 27.470
🎯tp1: 41.935-40.835
🔼potential %profit: +41.15%
🔽potential %loss: -6.42%
r/r: 6.41
🐹btc is up +25% over the past 2 weeks, sentiment remains cautiously bullish. while short-term corrections will likely occur, it appears that we will see further mark-ups across crypto assets. the best way to manage risk in this situation is to enter longs in coins that have yet to undergo a substantial break-out. ATOM broke out of a descending channel at the beginning of march, corrected during the first two weeks of the month and has been in a range of accumulation for the past week. i see another break-out just starting to occur and therefore i will try to get long around the local trend line/any pullbacks in price. stop-loss below the trend line and take-profit at the higher timeframe resistance.
✌️all good luck and always practice strict risk management.
🟢entry: 29.710-28.985
❌stoploss: 27.470
🎯tp1: 41.935-40.835
🔼potential %profit: +41.15%
🔽potential %loss: -6.42%
r/r: 6.41
🐹btc is up +25% over the past 2 weeks, sentiment remains cautiously bullish. while short-term corrections will likely occur, it appears that we will see further mark-ups across crypto assets. the best way to manage risk in this situation is to enter longs in coins that have yet to undergo a substantial break-out. ATOM broke out of a descending channel at the beginning of march, corrected during the first two weeks of the month and has been in a range of accumulation for the past week. i see another break-out just starting to occur and therefore i will try to get long around the local trend line/any pullbacks in price. stop-loss below the trend line and take-profit at the higher timeframe resistance.
✌️all good luck and always practice strict risk management.
Nota
update: stopped-out for -7%. in hindsight, adding a trailing stop-loss after price began to grow would have been wise.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.