Hi dear patrons, hope you are well and welcome to the new trade setup of Algorand (ALGO) with Bitcoin pair.
Previously I shared a long-term trading idea on Algo, which is still in play:
Now on a 4-hourly chart, ALGO has formed a bullish Crab.
Buy and sell targets:
Buy between: 0.00001932 to 0.00001848 btc
Sell between: 0.00001997 to 0.00002155 btc
Stop loss:
Below: 0.00001848 btc
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of up to 16.5%, and a high loss possibility is 4.5%
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Previously I shared a long-term trading idea on Algo, which is still in play:
Now on a 4-hourly chart, ALGO has formed a bullish Crab.
Buy and sell targets:
Buy between: 0.00001932 to 0.00001848 btc
Sell between: 0.00001997 to 0.00002155 btc
Stop loss:
Below: 0.00001848 btc
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of up to 16.5%, and a high loss possibility is 4.5%
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Trade closed: target reached
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.