ALGORAND has recently come out of a downtrend... and currently facing resistance around the 0.225 - 0.24$$ region.
the question is what is the safe entry for this?
the token has extremely strong support at the 0.21$ region, an aggressive entry can be taken around 0.215 - 0.21 $
A safer entry can be looked at around the 0.19 - 0.2$ region. This entry can be achieved if BTC retraces back to 29000$ level before continuing its journey to 38 - 40,000 $ level.
after that is a rocket ride.
let's see if PA takes turn in our side
the question is what is the safe entry for this?
the token has extremely strong support at the 0.21$ region, an aggressive entry can be taken around 0.215 - 0.21 $
A safer entry can be looked at around the 0.19 - 0.2$ region. This entry can be achieved if BTC retraces back to 29000$ level before continuing its journey to 38 - 40,000 $ level.
after that is a rocket ride.
let's see if PA takes turn in our side
Trade active
so in my opinion now we are not going below 0.21$ (even in the worst case scenario).got in again on reversal @ 0.225$ (10%) capital high confidence setup
Trade active
Trade active
the best time to reenter this trade with minimum risk plausible ATM.Trade active
adding more to the position.Note
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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.