Algorand / TetherUSShort
ALGO .14c must hold. Trend break@.63c lose .14c .06c incoming
Updated
Not financial advice
Trade idea going forward
Entries @.14c to see if it holds. Could get a run up to around the .25-.27c before final drawdown
ALGO not looking good right now.
From the low to the high and back down from the triangle drawn it is a 91% loss.
We had a trend break highlighted at .63c
Apply that 91% loss from trend break at .63c gives us a target of mid .05c range
We are starting to bottom on the RSI on the weekly but has more room to go.
I'd look around the 24 mark on RSI for entry.
Like and follow
#PIK
Patience is Key
#TLAW
Think Like A Whale
Trade idea going forward
Entries @.14c to see if it holds. Could get a run up to around the .25-.27c before final drawdown
ALGO not looking good right now.
From the low to the high and back down from the triangle drawn it is a 91% loss.
We had a trend break highlighted at .63c
Apply that 91% loss from trend break at .63c gives us a target of mid .05c range
We are starting to bottom on the RSI on the weekly but has more room to go.
I'd look around the 24 mark on RSI for entry.
Like and follow
#PIK
Patience is Key
#TLAW
Think Like A Whale
Trade active
Not to shabby 10 months in the making another good call. Was aiming for .06c if we lost .14c range.
Came down to right under .08c good dollar cost areas now b
Another power call by the PIK Patience is Key and TLAW group Think Like A Whale
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.