TradingOn

ALGO/BTC 8H (Binance) Channel out & back to support

Long
TradingOn Updated   
BINANCE:ALGOBTC   Algorand / Bitcoin
Same for Algorand last signal ending stopped, let's see what it brings us on higher TF:

Buy Entry= 0.00002552 - 0.00002448
Take Profit= 0.00003084 | 0.00003484 | 0.00004132
Stop Loss= 0.00001918

Risk/Reward= 1:1 | 1:1.69 | 1:2.8
Expected Profit= 23.36% | 39.36% | 65.28%
Possible Loss= -23.28%

Fib. Retracement= 0.236 | 0.382 | 0.618
Trade active:
2/3 entries filled.
Comment:
Last entry filled, support is still holding.
Comment:
This signal is still active, first target was missed by 19 sats 3 weeks ago then fell again.
Old targets are still valid, but If you're not in yet, that could be a nice set-up:

Buy Entry= 0.00002087 - 0.00001983
Take Profit= 0.00002619 | 0.00003019 | 0.00003667
Stop Loss= 0.00001451

Risk/Reward= 1:1 | 1:1.68 | 1:2.79
Expected Profit= 28.70% |48.35% | 80.20%
Possible Loss= -28.70%

Fib. Retracement= 0.236 | 0.382 | 0.618

Trade closed: target reached:
The 2nd call for Algorand hit TP1 again, if you missed it 3 weeks ago, you can take some profit right now. Higher targets are still valid to me.
The new Futures pair ALGO/USDT would bring more volatility that may help (or not 😅)
Comment:
About the original set-up from 3 months ago, it just got cancelled with small profit (+1.34%) in Prediction Coins because of time-out (gain-time of 2160h was reached).
But it seems like bot didn't sell, so be careful, you have to put manual order to take profit or wait for me to publish a new signal.
Trade closed: target reached:
TP3 reached last week after 4 months with +65.28% profit

If you put manual sell orders and was really patient, totally worth the wait!
If not, right now Algorand is retracing so I will keep an eye on it.


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