theCrypster

ALGOETH - Gains Approaching after small Fakeout

Long
KRAKEN:ALGOETH   Algorand / Ethereum
After a pretty decent 30% profit from the last Short trade we've now got ourselves what looks like a profitable Long trade too! We've had a small fakeout on the bottom edge of this descending channel but the price was quickly restored to within range and now looks to be heading to the upper boundaries!

We should be able to bag at least 10% on this trade, all the way up to around 30% if you're feeling brave, keep your trailing stops up to date with this one!

If you enjoyed or agree with this idea - drop us a comment, like & follow! :)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.