swilton

ALGOUSD short term guess

swilton מעודכן   
COINBASE:ALGOUSD   Algorand
Just throwing this idea out there. The recent up move toward downtrend resistance had a lot of volume, but it just doesn't feel right to sustain growth straight up through. I wouldn't be surprised to see a bull trap fake breakout, then sink back below resistance for a while to build up more potential energy for the real breakout later. This is a LOW CONFIDENCE prediction. If it breaks out now, then I'd expect most other coins will have similar follow through, and vice versa.
הערה:
Better late than never?
עסקה סגורה: היעד הושג:
Rebuying between 0.36 and 0.39 and waiting for higher targets between 0.46 and 0.49.
עסקה פעילה:
Long since the 0.36 to 0.37 range. I will be selling continuously all the way up to 0.405. If it breaks short term resistances above that point, I'll fomo back in and shoot for higher targets. For now, +8 to 10% short term gain is more than enough for me.
כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.