Chainslab_Analytics

Buy yourself some ALGO for Christmas

Long
BINANCE:ALGOUSDT   Algorand / TetherUS
Algorand is one of the most sustainable blockchains.
Algorand was always my favorite blockchain. And it will always be my favorite coin to invest in.

Technical Analysis speaking, ALGO is trading at the bottom, it could go lower, but this is still a very good entry. And also, there are reversal signs with ALGOUSD when you look at the 1H chart.
Long term plan is to buy a small among of ALGO here and then buy some more at $0.1 (if we ever get there). And the short-term plan is to go LONG here with a tight stop-loss.

Long Scalping Setup:

Entry: 0.17x

Sl: 0.16

Tp: 0.19


Follow us here on TradingView for daily updates and trade ideas on the cryptocurrency market.

Thank you for your support!

Visit our website for more educational content.

Join our Telegram Trading Channel:
t.me/CLtradinghub
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.