Cosmos / TetherUS
Short
Updated

ATOMUSD GOOD R:R SHORT

240
ATOM is looking bearish after a nice bounce of the lows, currently going up with a decending rsi, creating an divergence. BTC Also has an CME gap at 64030 so i expect this to be filled this week, this would also bring down the alt coin market.

SL is clear 4H close above 9usd
TP1 8.6
TP2 8.35
TP3 7.8

R:R 5
Note
Nice wick to the 4H 100ma. Never closed above 9usd so trade is still good, added here.
Trade closed manually
TP1 Hit closed 30% of my position.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.