mablack15

ALGO - Bouncing off Support

Long
BINANCE:ALGOBTC   Algorand / Bitcoin
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
Trade closed: target reached: Hit 2,800 sats and taking profit here. Nice 20% gains!

Comments

I am confused
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Will like to hear more on this From you all the way
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You are Doing great bro.. Keep up the good work.
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