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

30 сент. 2020 г.

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 сент. 2020 г.

Заметка

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

2 окт. 2020 г.

Сделка активна

Entries hit and bounced

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

7 окт. 2020 г.

Заметка

Last entry filled and trying to go up

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