Algorand (ALGO) Buy Zone Long

Algorand / TetherUSBinance

Description

⋅ May 26, 2022 4:02 PM

Algorand (ALGO) Buy Zone
--------------------
BIAS
Mid-Term : Neutral

Risk : Medium

We’ve seen high volume spike on this beast over the last 2 weeks, with closes below support and spikes of buying volume.
--------------------
ALGO/USDT LONG SETUP
Leverage : x3 - x5

Entry Price : 0.39 - 0.38

TP 1 : 0.398
TP 2 : 0.408
TP 3 : 0.418
TP 4 : 0.43
TP 5 : 0.443
TP 6 : 0.455
TP 7 : 0.473
TP 8 : 0.495

Stop Loss : 0.3665

*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
--------------------

Comments