Algorand / Bitcoin
לונג
מעודכן

$ALGO/BTC 2D (Binance Spot) Ascending channel on support

546
Algorand seems to have retraced enough from last spike, I think It's time to enter a swing!

Current Price= 0.00001943
Buy Entry= 0.00001956 - 0.00001818
Take Profit= 0.00002618 | 0.00003956 | 0.00004992
Stop Loss= 0.00001399

Risk/Reward= 1:1.5 | 1:4.24 | 1:6.36
Expected Profit= +38.74% | +109.64% | +164.55%
Possible Loss= -25.86%

Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 3 months
עסקה פעילה
All entries filled

Algorand is holding 50MA and channel support so far, let's keep it that way!

תמונת-בזק
הערה
Up to +26.76% (1x) from average entry

Algorand pumped as expected and is now consolidating before next move.
This seems to be only the beginning and we are not taking profit yet!

תמונת-בזק
הערה
More information about Algorand:

It is an open-source, permissionless, Pure Proof-of-Stake (PPoS) blockchain protocol for “the next generation of financial products”.
As such, it ensures "full participation, protection and speed within a truly decentralized network".

research.binance.com/en/projects/algorand
עסקה סגורה: היעד הושג
TP1 reached with +38.74% (1x) and +1.5R

Algorand finally hit first target, we did well holding tight, keep some for remaining targets!

תמונת-בזק
הערה
Symmetrical triangle forming

Algorand looks quite bullish in satoshi, can take time but expecting a big move up in the coming weeks.
It could be one of the altcoins that resumes the party, higher targets are still in play!

תמונת-בזק
עסקה סגורה: היעד הושג
TP2 reached with +109.64% (1x) and +4.24R

Algorand took more time than expected but after revisiting demand zone it finally went for 2nd target printing a Higher High (HH)!
This is what we were talking about 3 months ago, party has been resumed, SL moved to 1st entry (0.00001956₿).

תמונת-בזק
עסקה סגורה: היעד הושג
TP3 reached with +164.55% (1x) and +6.36R

Algorand mooned, insane profit made thanks to being very patient, trade is fully closed 👌🏼

תמונת-בזק

כתב ויתור

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