WITH THE LAST ENTRY WE MADE, $ATOM NEARLY TOUCHED OUR STOP LOSS, BUT IN THE END, IT ACCOMPLISHED THIS!
The stop loss we made at 3.614 is only one point away from the last touch that ATOM made at its support, which was at 3.615. However, because we had already prepared the other limit orders in case the market took more liquidities, we felt secure with this snipe entry. Let's now examine how ATOM's price recently surged, generating a 38.29% profit with a risk-reward ratio of 10.34. Because severe demand is likely to occur around yearly lows, this was done with little risk.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.
