This chart is just an example of this strategy, go try this out with your shitcoins!
This is simple buy startegy for bull markets (1D,USD charts).
Buy opportunities are based off RSI and EMA200 close only.
1. When a shitcoin crosses over EMA200 properly, and bull market is starting, its time start to use this strategy!
2. This asset now needs to stay above...
The Content is for informational and entertainment purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. This is not financial advice nor am I a financial adviser. :)
Just take a look and see if is similar setup
Makes me think from TA side we are looking for new highs
Fundamentals of this project are pointing also uptrend. It's a great project !!!
Cheers !!
Algo seems to be completing a consolidation stage and it could break and raise within a couple of days up to it's next resistance point at .70, which means about 25%-30% of profit.
(this is not financial advice nor a entry recomendation, DYOR)
ALGO is an impressive project with a bright future ahead. What got my attention was the clear bounce of the support (diagonal). With the current behaviour of the market, this is a tricky one.
ALGO/BTC
-Algorand may have temporarily set the top at 6500
-The potential area of support is somewhere at 4200
-If we can see Bullish signs of reversal in this region
-Placing Buy orders is ideal and target the recent top
-But if the 4200 regions failed, next to watch is 3700
-Be patient, let the trade come to you
