ALGO/BTC (Up to 81% Profit Target)

ALGO/BTC

A big spike in volume and a bullish engulfing candle. All we need is a daily candle close in the next few hours.
This is a clear Higher High and Higher Low and a new market structure.
I'll wait for a healthy pullback to confirm old resistance turned into new support.

Trade setup

Buy area: 3562 Sats - 3280 Sats
Sell target: 3800 Sats - 6000 Sats
Stop loss: 2750 Sats

Trade active:

up 7% profit