danishahmed
Long

Algo USDT - Elliot Waves + Bullish sign

BINANCE:ALGOUSDT   Algorand / TetherUS
I am bullish on Algo, I think we are in wave 2 and we can get good profits in coming days. Although Bitcoin movement would also have a influence on the move, lookout for entries and we might see some profits from this trade.
This pair is not recovered from dip too, we are seeing an rejection from 0.382 fib level. while the BTC pair of the same is also looking bullish . I can place my bets on this pair but with SL. BTC could drop further down or we might see upward move from current levels too.
Comment: update for Elliot waves
Comment: Close 50% of your position at current price i.e. 0.3945 and hold rest position, my entry was 0.2950
Trade closed: target reached

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