ALGO - Trade opportunity after the breakout
ALGOUSDT (1D CHART) Technical Analysis UpdateALGO is currently trading at $0.2276 and currently in consolidation phase. Price has formed a nice triangle pattern. If the price breaks out from the resistance line then we have a good opportunity for long trade. If the price breaks down then the next support is around 0.15
Entry level: $ 0.24
Stop Loss Level: $ 0.21
TakeProfit 1: $ 0.256
TakeProfit 2: $ 0.268
TakeProfit 3: $ 0.2931
TakeProfit 4: $ 0.3190
Max Leverage: 5x
Position Size: 1% of capital
Don't forget to keep stop loss.
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📢 Telegram Channel: t.me/getgreencrypto
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🆓 Free Trial / Contact Us: t.me/greencryptosupport
🌐 Website: greencrypto.net
📚 Docs: docs.greencrypto.net
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.