Post The Weekend's 10% Sell-Off, ATOM, BCH, FIL Are In Play

After the weekend’s cryptocurrency sell off we are highlighting 3 low-risk trade ideas.

Our CoinOpinions cryptocurrency watchlist highlights our trade opinions for the cryptocurrencies Cosmos, Bitcoin Cash and File Coin. Our portfolio is buying these cryptocurrencies at or above their entry price.

We provide this information not as trade recommendations but to monitor and follow our performance. If you would like to have these trades before initiated please contact us for a trial to our software platform.  

Cryptocurrency

Ticker

Entry Price

Target Price

Stop Price

Entry Date

Cosmos

ATOM/USD

$24.25

$27.10

$24.10

12/06/2021

Bitcoin Cash

BCH/USD

$484.20

$518.20

$465.50

12/06/2021

File Coin

FIL/USD

$38.80

$50.50

$38.62

12/06/2021

Cryptocurrency Descriptions

The Cosmos ecosystem includes Binance Coin (BNB), Crypto.com Coin (CRO), Terra (LUNA) and Cosmos Hub (ATOM). With over US$178.4 billion in digital assets makes ATOM the second-largest blockchain ecosystem after Ethereum in terms of $value. 

Bitcoin Cash (BCH) is a cryptocurrency created through a hard fork of the Bitcoin blockchain in August of 2017. Bitcoin Cash is one of the largest cryptocurrencies by market cap, listed by virtually all major cryptocurrency exchanges and supported by most cryptocurrency wallets.

Filecoin is a decentralized peer-to-peer network used for storing files using blockchain technology and InterPlanetary File System (IPFS). The system works by allowing users to store their files on a decentralized network in exchange for a fee paid with the platform's native FIL tokens. 

Our portfolio will exit our positions at their profit or stop targets and be documented below. 

Cryptocurrency

Ticker

Target Price

Exit Price

$Profit

Exit Date

Cosmos

ATOM/USD

$27.10

     

Bitcoin Cash

BCH/USD

$518.20

     

File Coin

FIL/USD

$50.50

     

 

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