FieryTrading

πŸ”₯ ALGO Bullish Triangle Trade

Long
BINANCE:ALGOUSDT   Algorand / TetherUS
ALGO has been trading inside this bullish triangle ever since the sell-off of 10 days ago, During this time, the upper resistance around 1.18 has been holding strong. Since the crypto market is showing strong signs of recovery, I'm confident to make this long trade. Entry is based at the open of the current H1 bar.

On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.

Happy trading!
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Comments

Hi! Is this still valid? thanks :)
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It's moving!
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nice
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clean and easy to understand
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Very nice info , wish i could like this twice
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FieryTrading Miska_Fx_Millionaires
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Interesting view
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FieryTrading ProjectSyndicate
@ProjectSyndicate, πŸ”₯πŸš€
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Thank you for sharing love it
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FieryTrading Investroyllc
@Investroyllc, great to hear
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