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
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
ملاحظة
By the way, this was the original breakout set-up I made 2 days ago:تم فتح الصفقة
Entries hit and bouncedI warned you about that pullback and I'm glad I waited for it, patience is the key!
ملاحظة
Last entry filled and trying to go upI'm still positive about that set-up, I expect a move up soon, hold tight!
منشورات ذات صلة
إخلاء المسؤولية
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.
منشورات ذات صلة
إخلاء المسؤولية
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.