CryptoStation

✳️Algorand/USDT (20/11) View + Trading Plan #ALGO $ALGO

Long
BINANCE:ALGOUSDT   Algorand / TetherUS
ALGO just broke out of a Falling Wedge pattern and is ready to make a big move in the near term. The uptrend will be fully confirmed if ALGO can close a 1D candle above the 0.3$ zone.

📈BUY- LONG
-Buy close to 0.25-0.26$, SL if B
-Buy more: 0.3-0.315$ if A, SL if B

📉SELL-SHORT
-Sell: 0.4-0.42$, SL if A
-Sell: 0. 5-0 .525$, SL if A
-Sell: 0.6-0.63$, SL if A

♻️BACK-UP
-Sell close to 0.25-0.26$ if B, SL if A
-Buy: 0.2-0.21$ if A, SL if B

❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
Comment: #ALGO $ALGO (20/11) hit our second target!

🎯TOTAL RESULT
👉66% PROFIT with spot
👉330% PROFIT with 5x leverage
👉660% PROFIT with 10x leverage

📈BUY- LONG
-Buy close to 0.25-0.26$, SL if B👉✅65% PROFIT
-Buy more: 0.3-0.315$ if A, SL if B👉✅35% PROFIT
📉SELL-SHORT
-Sell: 0.4-0.42$, SL if A👉☕️STANDBY
-Sell: 0.5-0.525$, SL if A👉☕️STANDBY
-Sell: 0.6-0.63$, SL if A👉☕️STANDBY
♻️BACK-UP
-Sell close to 0.25-0.26$ if B, SL if A👉☕️STANDBY
-Buy: 0.2-0.21$ if A, SL if B👉☕️STANDBY
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Comments

Great analysis - Love the two pronged approach
Reply
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