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TraderoftheCorn

ALGO Revisited (ALGOBTC)

Long
Algorand / Bitcoin (BINANCE:ALGOBTC)  
TraderoftheCorn Updated   
BINANCE:ALGOBTC   Algorand / Bitcoin
Trend Analysis Support and Resistance Trend Lines ALGOBTC algo algorand
4
0
trendanalysis supportandresistance trendline algobtc algo algorand
Scaling into ALGO in 540 area here for a bit of a knife catch attempt as we approach the start of our daily uptrend at 531. Watching for a bounce and hopefully a break of the downtrend from the recent move up. Be sure to set stop losses, if this one breaks down could be new ATLs.

Entry: 530~540
Stop: Below 512

Target:
592
675
817

BTC Tips: 3KKD7YKR7x9c4AZJJ56XJA8F3hp7hWSpTX
RVN Tips: RPtFfvxZAdBwNdQpG1jMwEnxhviCwkkcoJ
Comment:
Broke downtrend resistance and now back testing trend. Looking for a bounce up here, moved stops to break even.
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