ALGOUSDTALGO ~ 1W
#ALGO If you still have Conviction on this coin,. This support block would be a very good buying place for now,. with a minimum target of 20%++
Algousdtsetup
ALGO target 0.28 & 0.451D time frame
-
ALGO is retesting the structural support around 0.135~0.152, that is also the 0.618 Fibonacci Retracement, so here is a good timing to set up a perpetual trading plan with great RR. Also, we can easily see a strong support on higher time frame around 0.08~0.10, this zone is a sweet price to accumulate spot if ALGO come back again in future. Therefore, I provide two trading plans for perpetual and spot.
-
Perpetual:
TP: 0.28 / 0.44
SL: 0.135
Spot:
TP: 0.45 / 0.68
SL: 0.07
ALGOUSDTBINANCE:ALGOUSDT
⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help. #DYOR
Don't forget to 🚀 and comment
ALGO target 0.1754h time frame
-
ALGO is creating a potential bottom structure. There are two ways to estimate targets, first one is Fibonacci Projection, this target is 0.125. Next one is obvious structural supply zone from 0.17~0.18. Both ways are good to set up trading plan. If ALGO trigger a surging trend, then we can see 0.17 in near future, but shall notice PA while close to 0.125
TP: 0.175
SL: 0.094
Long trade setup for ALGOUSDTFor the BINANCE:ALGOUSDT.P Long Trade Setup, the following values are suitable for our interval trade:
Entry: 0.0919
Target: 0.0959
Stop: 0.0847
Cost Reduction: -
The profit is reasonable relative to the risk.
ALGO - let's make a pumpEverything move price is done on small volumes. So as not to spoiler the buyer.
I wonder if the project will have any updates soon or if it's the time of the pump)
Accumulation on this trendline(red collor) will open the way to the level of 0.2494.
And there and to the impulse of 5% will be able to do it on easy.
If you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your
ALGOUSDT BUYING AREAALGOUSDT TRADING PLAN
I can see algousdt is trading in parrellel chart pattern and now algo in dip & this is the better opportunity to buy ALGOUSDT.
If you like my idea then follow me for more, like, comment and share
ALGOUSDT Descending Triangle Breakout | 80% Move ExpectedALGOUSDT Descending Triangle Breakout | 80% Move Expected
ALGO was in the correction phase since September 12, 2021, after successfully creating ATH at 2.5499. Now, ALGO has broken the Descending Triangle Pattern and seems bullish from the current price of 1.7431.
NOTE:
1. Q4 Started and highly volatile
2. Do your own analysis
3. High risk involve in this trade
4. Spot trading only
5. Take very low risk
Disclaimer: I will not be responsible for any of your loss or profit.
Buying Zone: 1.7454 - 1.8000
TP1: 1.8615
TP2: 2.0496
TP3: 2.3858
TP4: 2.7460
New ATH | Final Target: 3.1855
SL: 1.5534
Net ROI: 75% - 81%
Trade Risk: 11.38%
NOTE: Do not use more than 15% risk of your account.
