Algorand is holding 50MA and channel support so far, let's keep it that way!
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Up to +26.76% (1x) from average entry
Algorand pumped as expected and is now consolidating before next move. This seems to be only the beginning and we are not taking profit yet!
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More information about Algorand:
It is an open-source, permissionless, Pure Proof-of-Stake (PPoS) blockchain protocol for “the next generation of financial products”. As such, it ensures "full participation, protection and speed within a truly decentralized network".
Algorand finally hit first target, we did well holding tight, keep some for remaining targets!
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Symmetrical triangle forming
Algorand looks quite bullish in satoshi, can take time but expecting a big move up in the coming weeks. It could be one of the altcoins that resumes the party, higher targets are still in play!
Trade closed: target reached
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TP2 reached with +109.64% (1x) and +4.24R
Algorand took more time than expected but after revisiting demand zone it finally went for 2nd target printing a Higher High (HH)! This is what we were talking about 3 months ago, party has been resumed, SL moved to 1st entry (0.00001956₿).
Trade closed: target reached
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TP3 reached with +164.55% (1x) and +6.36R
Algorand mooned, insane profit made thanks to being very patient, trade is fully closed 👌🏼