ALGO has held .35 Support well. I’ll be accumulating a long position down to that zone
Looking for .42 target (~ 18% Return)
Stay nice, this is not financial advice.
- mrnicegvy
Accumulating under .90 on 5x Leverage
Looking for 1.0 Target
ROE = ( 17 x 5 ) 85%+-
Keep an eye out for updates.
Stay nice, this is not financial advice.
- mrnicegvy
Accumulating 5x LONG at .9 and will add on dips to .8 support.
1.1 TAKE PROFIT = 100% ROE
Stay nice, this is not financial advice
-mrnicegvy-
Join my workspace at mrnicegvy.com
While we all thought bitcoins new investor base would hold us above the 40k support, it broke.
Why?
The fairy dust has cleared and the fomo buyers from last year thought “stonks and crypto only go up”? Well they are all liquidated now and will be deleting there apps.
What’s next?
Taking a look back at the WEEKLY, this is the 60% dump Bitcoin commonly does....
ALGO could break above the accumulation zone and extend beyond the 1.6 rejection
Entering here (1.30-1.35 zone) on 5x leverage
ROE = 150%+
Liquidation is below 1.1 and will add around there if I need to lower it. Upside here is huge imo.
Stay nice, this is not financial advice.
- mrnicegvy
Like and Follow to watch this unfold
Chart shows the play.
Entered in the white rectangle when the daily candle closed above the solid yellow bull flag.
1.5-1.7 Entry
2.2 TP
2.4 TP
Best of luck
ALGO LONG
Entered in the white box when body of daily candle closed above red dotted line (down trend line) to confirm a possible uptrend
Target is 2.2 (green line which is the previous rejection point before all time highs) but rejected at 2.1 twice.
Where we are now
ALGO showing strong support at 1.7 and is currently consolidating before next run. Need a...
