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HopeTheory_
Dec 11, 2022 9:22 AM

ALGORAND Short

Algorand / TetherUS PERPETUAL CONTRACTBinance

Description

ALGORAND POSSIBLE TRADE SETUP

Algo has been forming a BEAR FLAG. It broke out recently and now making a RISING WEDGE on the way to retesting the STL turned into RTL. Both the pattern is BEARISH. Ideal breakout targets are given in the chart.

SL: 0.2308 or little bit over depending on your risk appetite.

Non Financial advise. Trade at your own risk. Do your own research.

Use proper position sizing & take proper entry.
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