We are creeping towards medium term support on ALGO's ascending channel, as well as a significant fib level acting as support right where we expect a bounce around 2,130 sats. I'm setting a stop loss below the local dips the past few days, incase there is a flash crash. Looks good on the 4H, I can see a bullish crossover forming and flipping from bearish to bullish movement.
Entry: 2,100 - 2,200 sats
Stop Loss: 2,030 sats
Targets: 2,400 - 2,600 - 3,000 sats
Entry: 2,100 - 2,200 sats
Stop Loss: 2,030 sats
Targets: 2,400 - 2,600 - 3,000 sats
Trade closed: target reached:
Hit 2,800 sats and taking profit here. Nice 20% gains!