ALGBTC trade ideas
#ALGO is 80% Profit in only 20 days #ALGO is 80% Profit in only 20 days from the first Idea.
I was a great setup in #ALGO - so simple but gives a huge profit, 80% so far.
I first, bought at the first breakout, re-bought on the next resistance breakout and after retest.
Take profit was clearly identified using Fibonacci retracement .
First Idea:
Second Idea :
Thank you for your support, and comment if you have any questions or further info.
$ALGO, Crossing over ~4k sats resistance w/ increasing volume$ALGO
Crossing over ~4k sats resistance w/ increasing volume on a 40%+ movement since UCTS Buy signal on the 1D
Taking a position here seems risky (Daily candle extension is over 30%)
As potential entry I will be looking for a R/S flip at this level
Targets at ~4850/5600
#ALGO
ALGOBTC wyckoff accumulation breakoutDon't overthink this.
Please keep in mind wyckoff accumulation is simply a range with some extras. If you think it's more complex than it is, just keep these things in mind:
SC is a selling climax
ST is a (re)test of that level
AR is an automatic rally
LPS is a last point of support
SOS is a show of strength
The definitions speak for themselves.
ALGO/BTC ALGO seeing a good continuation after breaking above this resilient trend line yesterday, indicating a change in short term trend, matched with a corresponding increase in volume; we can anticipate price and volume to keep rising while we trade above our 0.236 fib support(2600 sats). As we stand, we are definitely bullish on this pair and can anticipate good price appreciation in the short - mid-term; as always, take profits and love stop losses accordingly as the trade progresses
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