eryklct

LONG ALGO AGAIN X2

Long
eryklct Updated   
BINANCE:ALGOUSDT   Algorand / TetherUS
I'm back in the demand zone. Just woke up to it so couldn't catch the very bottom. Entry at 10 cents with 3x leverage
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Quick 20% gain here. Locking some profits since the position is big and keeping the rest. Waiting for a daily candle close. Hoping to keep that position as a long term swing but we need more confirmations, that's why profits are taken
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Looks perfect. We are going to get a daily close above today's low which will complete the bear trap setup. Now waiting for a weekly chart close above. Stop loss will then be moved below the low and the macro bottom chance will be there
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Finally some big profits here. Homerun possibility
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We're about to see if there is any momentum on a daily chart. Chances are 50/50 I'd say. If it won't show any I'll take more profit and place stop at BE
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If I'm right picking it at 0.1150 is the last chance and max opportunity
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Setup is working for now. Big momentum right now was a sign of strenght
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Major test on algo now. My view is that it's gonna break out and keep going but pullback is possible
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There is the pullback. My view is that it will keep going up so I'm adding a bit more after taking some initial profits but if it won't show any strenght I'm gonna get rid of it assuming that it confirmed further downside into the abyss
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Make or break situation here again. May turn into confirmation
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At the moment it lacks momentum when looking at algo/btc chart. We need a good d1 candle close which is not impossible but there should be more demand to it. Propably gonna make a decision about holding it tomorrow
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At resistance again. Hopefully this time it breaks out
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Bought back some more algo
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Stopped me out. Should've wait with adding to the position and have the stop loss lower. Mistakes were made here lol
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It went right back up. I've been trying to make this perfect macro swing on algo and messed it up already lol
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Opened long here again as we are still in the demand zone. Algo/btc formed a bullish reversal pattern on a daily chart so we may see some momentum. Since Ripple won against SEC Algo should perform better than recently
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Broke out on the low time frames and turned previous resistance into support. If it goes back down I'll get out around break even
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Nice, a fat green daily candle. Hope we can see some more of that
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Moved my SL to BE
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Would be nice to see algo at 15 cents or above
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Got stopped out at BE yesterday
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