Algorand (ALGO) formed bullish Crab for upto 16.5% move
Updated
Hi dear patrons, hope you are well and welcome to the new trade setup of Algorand (ALGO) with Bitcoin pair.
Previously I shared a long-term trading idea on Algo, which is still in play:
Now on a 4-hourly chart, ALGO has formed a bullish Crab.
Buy and sell targets:
Buy between: 0.00001932 to 0.00001848 btc
Sell between: 0.00001997 to 0.00002155 btc
Stop loss:
Below: 0.00001848 btc
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of up to 16.5%, and a high loss possibility is 4.5%
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Previously I shared a long-term trading idea on Algo, which is still in play:
Now on a 4-hourly chart, ALGO has formed a bullish Crab.
Buy and sell targets:
Buy between: 0.00001932 to 0.00001848 btc
Sell between: 0.00001997 to 0.00002155 btc
Stop loss:
Below: 0.00001848 btc
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of up to 16.5%, and a high loss possibility is 4.5%
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Trade closed: target reached
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