Algorand $ALGO - Swing Trade opportunity
Algorand 
ALGO formed a W-formation on the BTC chart and I can see a bullish MFI divergence on the big picture.
Recently Algo broke trough the resistance trend-line (violet line on the chart)!
I am now hoping for a small retracement to catch it somewhere between 2651-2400 sat. There is still big upside potential for the next several weeks/months!
SwingTrade ALGO-BTC:
entry: 0.00002651-0.00002400;
TP1@0.00002998
TP2@0.00003498
TP2@0.00003888 with 3% TTP
SL@0.00002198 (SL timeout 8700 sec)
I´m not a financial adviser. For educational purpose only!
ALGO formed a W-formation on the BTC chart and I can see a bullish MFI divergence on the big picture. Recently Algo broke trough the resistance trend-line (violet line on the chart)!
I am now hoping for a small retracement to catch it somewhere between 2651-2400 sat. There is still big upside potential for the next several weeks/months!
SwingTrade ALGO-BTC:
entry: 0.00002651-0.00002400;
TP1@0.00002998
TP2@0.00003498
TP2@0.00003888 with 3% TTP
SL@0.00002198 (SL timeout 8700 sec)
I´m not a financial adviser. For educational purpose only!
Crypto and blockchain enthusiast
investingcrypto.online
investingcrypto.online
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Crypto and blockchain enthusiast
investingcrypto.online
investingcrypto.online
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.