ALGO/BTC 12h (Binance) Falling wedge breakout & pullback

30 thg 9, 2020

Algorand has broken out this bullish pattern, breaking 100EMA would make it grow even more!
You could enter now in Spot or Margin, but here goes a safer set-up on a probable pullback:

Current Price= 0.00003268
Buy Entry= 0.00002956 - 0.00002710
Take Profit= 0.00003406 | 0.00003943 | 0.00004857
Stop Loss= 0.00002354

Risk/Reward= 1:1.2 | 1:2.32 | 1:4.23
Expected Profit= +20.23% | +39.18% | +71.44%
Possible Loss= -16.91%

Fib. Retracement= 0.232 | 0.382 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 960h

30 thg 9, 2020

Ghi chú

By the way, this was the original breakout set-up I made 2 days ago:

2 thg 10, 2020

Giao dịch đang hoạt động

Entries hit and bounced

I warned you about that pullback and I'm glad I waited for it, patience is the key!

7 thg 10, 2020

Ghi chú

Last entry filled and trying to go up

I'm still positive about that set-up, I expect a move up soon, hold tight!