Cosmos / TetherUS
Long

ATOMUSDT (ATOM) – Potential 100% gains

522
BUY: 17-20

TARGETS:
1) 39.87
2) Trail stop loss

STOP: When a 4h candle closes below 14.5

Rationale:
-Price is forming a large bullish pennant on the daily
-The upper and lower trendline of the pennant has been touched three times each
-Price will likely range between the trendlines before breaking to the upside
-We remain bullish as long as price is above the 100EMA


Your risk, your reward. This is not financial advice.
Happy trading.

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