$ALGO/BTC 2D (Binance Spot) Ascending channel on support
Algorand seems to have retraced enough from last spike, I think It's time to enter a swing!
Current Price= 0.00001943
Buy Entry= 0.00001956 - 0.00001818
Take Profit= 0.00002618 | 0.00003956 | 0.00004992
Stop Loss= 0.00001399
Risk/Reward= 1:1.5 | 1:4.24 | 1:6.36
Expected Profit= +38.74% | +109.64% | +164.55%
Possible Loss= -25.86%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 3 months
Current Price= 0.00001943
Buy Entry= 0.00001956 - 0.00001818
Take Profit= 0.00002618 | 0.00003956 | 0.00004992
Stop Loss= 0.00001399
Risk/Reward= 1:1.5 | 1:4.24 | 1:6.36
Expected Profit= +38.74% | +109.64% | +164.55%
Possible Loss= -25.86%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 3 months
Dagangan aktif
All entries filledAlgorand is holding 50MA and channel support so far, let's keep it that way!
Nota
Up to +26.76% (1x) from average entryAlgorand pumped as expected and is now consolidating before next move.
This seems to be only the beginning and we are not taking profit yet!
Nota
More information about Algorand:It is an open-source, permissionless, Pure Proof-of-Stake (PPoS) blockchain protocol for “the next generation of financial products”.
As such, it ensures "full participation, protection and speed within a truly decentralized network".
research.binance.com/en/projects/algorand
Dagangan ditutup: sasaran tercapai
TP1 reached with +38.74% (1x) and +1.5RAlgorand finally hit first target, we did well holding tight, keep some for remaining targets!
Nota
Symmetrical triangle formingAlgorand looks quite bullish in satoshi, can take time but expecting a big move up in the coming weeks.
It could be one of the altcoins that resumes the party, higher targets are still in play!
Dagangan ditutup: sasaran tercapai
TP2 reached with +109.64% (1x) and +4.24RAlgorand took more time than expected but after revisiting demand zone it finally went for 2nd target printing a Higher High (HH)!
This is what we were talking about 3 months ago, party has been resumed, SL moved to 1st entry (0.00001956₿).
Dagangan ditutup: sasaran tercapai
TP3 reached with +164.55% (1x) and +6.36RAlgorand mooned, insane profit made thanks to being very patient, trade is fully closed 👌🏼
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.