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Algousd

Algo next move detailed... not yet long setupI expect market to be bearish next days, because of BTC dump... We have formed a channel, now we are @ top line and also EMA200 on 4H 6H 8H charts Very possible to drop until fib 0.718, previous big support and also bottom of the channel 0.24 area From there is will be best long setup until 1$ - 2$ Algorand is a very very very good project, is a game changer for blockchain but market will be one time shake-out before we have a nice BTC bullrun until 13-14k Cheers !!!
by looky83
4
ALGOUSD good buy oppThis chart is just an example of this strategy, go try this out with your shitcoins! This is simple buy startegy for bull markets (1D,USD charts). Buy opportunities are based off RSI and EMA200 close only. 1. When a shitcoin crosses over EMA200 properly, and bull market is starting, its time start to use this strategy! 2. This asset now needs to stay above EMA200. 3. Put a horizontal line at both 50 and 60 RSI , when RSI hits around that level, u start u looking for buys. When RSI hits 50 or lower, its a good buy opp . Riskier buys are around 60-51 RSI . 4. EMA200 hits are your other good buy opp if the price drops back that far. Sometimes the price may dip below EMA for a few days, so do not panic if it does! U should start to worry only if the price is over than a week under this magic line, or the price tests it as resistance on a daily when under. After the accumulation range is broken u usually don't get EMA touches anymore, but when u look at RSI u can still get a few good entries before moon and lambos. buy boxes: green: good buy (50 or lower RSI , even better if touching EMA ) yellow: buy with more risk (60 to 51 RSI , trade gets riskier when price is far from EMA )
BINANCE:ALGOUSDLong
by tugar26
2