Currently watching ALGOBTC here for a possible entry. We broke out of the downtrend earlier this week and had first test of the 675 valley for a possible sign of reversal.
Currently coming back down towards the start of the recent breakout at the 575~600 area. Would like to see this area hold over the next day or two if we are going to maintain uptrend.
One of the few Binance coins with decent volume and on the FA side was recently mentioned that Coinbase was "exploring" the addition to their exchange.
Entry: 580~600 (Needs to hold above 575 for a few more candles before I take entry)
Stop: Below 575
Targets:
675 (dotted line tested level, would expect this to break if we move up)
731 (untested)
836 (untested)
As always be patient with your entries and set stop losses. :)
BTC Tips: 3KKD7YKR7x9c4AZJJ56XJA8F3hp7hWSpTX
Currently coming back down towards the start of the recent breakout at the 575~600 area. Would like to see this area hold over the next day or two if we are going to maintain uptrend.
One of the few Binance coins with decent volume and on the FA side was recently mentioned that Coinbase was "exploring" the addition to their exchange.
Entry: 580~600 (Needs to hold above 575 for a few more candles before I take entry)
Stop: Below 575
Targets:
675 (dotted line tested level, would expect this to break if we move up)
731 (untested)
836 (untested)
As always be patient with your entries and set stop losses. :)
BTC Tips: 3KKD7YKR7x9c4AZJJ56XJA8F3hp7hWSpTX
Comment:
We touched the trend line again but got a rejection and fell all the way down to break our support box. Still no entry until we can find support and break the down trend.
Comment:
Touching trend again here, took entry at 571 let's see if we can breakout
Comment:
Successful breakout for a nice gain! First target 675.
Comment:
Almost hit our first target, missed this one overnight. Still holding, looking bullish as long as BTC can behave.