ThinkLikeaWhaleTLAW

Is it time to phone home Cosmos?

Short
BINANCE:ATOMUSDT   Cosmos / TetherUS
Not financial advice..
After the massive run up we see Cosmos is trying to have a reality check. I'm short but I'm long term bullish (100.00+ but for now it's time for profit taking IMHO.)
Please note: I've noticed a trend lately where we have a Saturday surge followed by a 11pm Sat night and onto Sunday selloff. It's just a trend I've noticed over last few weeks.

This is current triangle we are trading in.
The rectangular box is trading window.
Levels of entry are highlighted.
I would look for an entry point of 17.42.
But you can see I have highlighted 18.47 as well.
There is alot of momentum with this coin.
So I would allocate 50% of my buy at 18.47 and and the other 50% at 17.42 with a stop loss of 15.50.

Levels to watch
19.31
18.47
17.42
15.64
13.65
If 22.15 breaks not target highlighted at 24.81.
Again do your own research. And never think something is always going up.
Learn to take profits. Don't be naive and never accept one person's assessment as truth.
Happy trading.
My goal is to assists the community in any way I can so we all can be successful.
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