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ALGOETH

ALGOETH - Gains Approaching after small FakeoutAfter a pretty decent 30% profit from the last Short trade we've now got ourselves what looks like a profitable Long trade too! We've had a small fakeout on the bottom edge of this descending channel but the price was quickly restored to within range and now looks to be heading to the upper boundaries! We should be able to bag at least 10% on this trade, all the way up to around 30% if you're feeling brave, keep your trailing stops up to date with this one! If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
Long
by theCrypster
ALGOUSDT, Are we repeating the previous cycle ?Hello everybody According to the chart you can see the price was done the cycle and now because of the distance of the price is a little far from static support line that we shown on chart (Yellow Box), We expect the price is coming to impact to the trendline support area then it can repeat the cycle and we are in the beginning of the cycle. But if the price can not support from the trendline support zone its ready to drop more and break that support and reach to our static zone (Yellow Box). The trend of the ALGO is upward adn we are only be in position according to the trend :D Previous analysis : If you have any question ask us in private Good Luck Abtin
Long
by Abtin00
ALGO/BTC (3rd Test at Key Level Support)💎Technical Analysis Summary💎 BINANCE: ALGOBTC -Algorand is back trading around the key level of support -Well, this is still good because the Bull defended this zone again -But the fight is not yet over until the downward trendline is broken upward -Yes, you can buy at key level but tight stop loss -Or, wait for the trendline breakout to confirm that the trend will start to reverse -Upside potential is up to 4000s sat area or higher A big Thanks for donating 💰 via Tradingview coins this week to billstenzel 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` Thank You All!🙏😊💖For Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading!😊💕💖 ``````````````````````````````````````````````
by PolarHusk
10
ALGO/BTC (Testing Strong Support)💎Technical Analysis Summary💎 BINANCE: ALGOBTC -Algorand is now testing a strong support area -This zone is a confluence of previous resistance and support -If ALGO can hold this area for a few days -And BTC starts consolidating normally -There is a chance, this coin will bounce up to 3500 sat -But if the support fails, the next level to watch is 2000 sat -So please be careful, I don't advice to buy at market price yet `````````````````````````````````````````````` Trading Involves High Risk Not Financial Advice Please Exercise Risk Management `````````````````````````````````````````````` If You Like My Daily Published Ideas A little Help By Supporting My Channel Through Leaving A Thumbs Up, Comment & Follow Happy Trading! --> Thank You! :) ``````````````````````````````````````````````
by PolarHusk
18