Algotrading
ALGO/USDT - LONG 12H TF----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
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⚡️⚡️ #ALGO/USDT ⚡️⚡️
Client: My-Binance Futures
Trade Type: Breakout (Long)
Leverage: Cross (2X)
Entry Targets:
1) 0.4550 - 100.0%
Take-Profit Targets:
1) 0.4843 - 20.0%
2) 0.5297 - 20.0%
3) 0.6062 - 20.0%
4) 0.6742 - 20.0%
5) 0.7319 - 20.0%
Trailing Configuration:
Entry: Percentage (0.0%)
Take-Profit: Percentage (0.0%)
Stop: Breakeven -
Trigger: Percent (10.0%)
🚀ALGO : THE START TO NEW HIGH :THE FOOTBALL TIMES COMING!It's a very interesting time for ALGO As the world football cup will start soon about 15 Days from now.
I did study time ago this coin, not only the partnership with FIFA did make me interested in this coin, but also the technical side of price action.
When it's the world cup the Feeling comes back, and people will check more FIFA and trends.
As there are high sponsor and ads trends that are going to happen on ALGO and FIFA will support this and all details are added on the original FIFA website, expecting that ALGO will have a high background on this trend, which can add ALGO INTO NEW HYPE.
The most important first target is $0,76 followed by a trend that can increase above $1.20 USD , and the most important target that this coin can become is 2$
At the time of a football match, the goal is that ALGO will get promotions.
And worldwide it will become more known as the Blockchain FIFA use.
Expecting with the coming days as we are going to FIFA times, this coin will become more interesting, and more known. ( as most even don't know)
Know that this is not a guarantee, but it looks possible.
Will follow ALGO coming time to see the trends.
Target 1
Have nice FOOTBALL days coming time, and if your country plays, good luck!
This is our view, do always your own study.
✅ALGORAND : THE HIGH EXPECTING BEFORE STARTING THE WORLD CUP! $2ALGO seems at this time and coming time even the best coin to have before the match of FIFA 2022
There is a big deal with FIFA and sponsorship, read more about it on google
This coin can even go with the marketing of 2022 with WORLD CUP even above 2 USD.
The 2022 World Cup will begin on
Sunday, 20 November
and ends on
Sunday, 18 December
In short term, there is a high chance for a breakout.
They have promotion plans. see google for more info, in the time of the start of World CUP this coin can become very bullish, even if the BTC breakdown, is the same as before.
#ALGOUSDT #ALGOCOIN Trade setup: Appears on a verge of breaking out from a Sideways Channel ($0.25-$0.35), but needs to be confirmed by breaking above 200-day moving average as well. If confirmed, price could rally up to $0.50 resistance. (set a price alert).
Trend: Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Bullish ( MACD Line is above MACD Signal Line and RSI is above 55).
OBV (On Balance Volume): is rising, indicating that volume on Up days is greater than volume on Down days. Hence, demand (buyers) exceeds supply (sellers).
Support and Resistance Nearest Support Zone is $0.25. The nearest Resistance Zone is $0.35, which it broke, then $0.50 and $0.70.
Algo pump before World Cup in Qatar?BINANCE:ALGOUSDT
✅Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it.
Thank you.
Algo is official partner FIFA, and in next month we will see major football event last 6 years. And its first time we will see World Cup championship in Qatar and in autumn (before it always was in June)
The idea is, hype around Algo and coins like CHZ bring a lot of attention to this coin.
Possible Targets and explanation
➡️Since January step by step big players accumulate ALGO (you can see on Direction indicator)
➡️We trade in -0.27 zone by fib
➡️More than 230 Days in accumulation phase
➡️Got a not strong but first signal to buy on D1 timeframe
➡️Marked first possible target to take profit.
➡️Daily downtrend line retested.
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
* Look at my ideas about interesting altcoins in the related section down below ↓
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SOLUSDT - 'SMS' Stragegy opened longChecked my trend-catching strategy and it's surprisingly doing really well. Good profit factor, EV+ and number of trades (for a trend strategy). Ofc it can be improved, drawdown doesn't look exciting and some trades can be closed better it seems (on the other hand it can broke the algo). BUT if to check trades, there're enough decent catches (for example, highlighted short on the chart). And for a long period of time (2020 - 2022, for example, it's still good)
Will see if it be able to catch the next big move. In the long position atm.
Information is just for educational purposes, never financial advice. Always do your own research.
Hit the "LIKE" button and follow to support, thanks!
GBP/USD Probability for 13/10/22 15min TFI mention that till Fri we can expect consolidation and I think that is what is going to happen today.
I'll watch out for CPI news at 8.30 NY time. I think that due to the increase in interest rate last month, inflation will start to decrease which means $$$ will get stronger and other currencies weaker. I'll expect sharp move to downside at 8.30 first and price will slowly go up after that with another 0.30% to 0.50% to take home.
Let's see if that plays out.
Another potential $ALGO short play...BINANCE:ALGOUSDTPERP - Has bounced at support -
moving up towards heavy resistance (blue zone) which given rapidly declining OI and Binance crowd aping into linear "line-break" from recent high -
Not a continuation traded - aim for reversion
SL would be at prior high or narrative switch.
Otherwise. Goblin time.
ALGO - Buying SignalBYBIT:ALGOUSDT
4H time frame
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ALGO is in a descending channel, and it started to form this channel since increased by 41%.
The price stops making lower lows and hit Fib 0.382 smoothly for support confirmation.
We can long it at 0.34 and add more position at 0.335(Fib retracement level_0.382)
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Entry: 0.34
Add: 0.335
TP: 0.3565, 0.3735
SL: 0.33
USDCAD I've entered a short 🔻USDCAD short trade has alerted.
Reversal trade identified and entered.
Working the 30M timeframe.
Trade details can be found on the chart in the red label.
Trade box is tracking the trade.
Has USD strength ran out of steam on this pair?
Who knows be it a change in the trend or a slight retrace I have a 77 pip target for my TP to be met.
We'll see where it ends up.
Want to know how I identified this trade you know what to do.
Thanks for looking
Darren🙌