ALGO looks for a move after Coinbase announcement . Earn rewards for holding Algorand (ALGO) on Coinbase. When you hold Algorand on Coinbase, you can earn a staking reward. 6.00% is the estimated annual rewards rate, which may change over time. It's based on the Algorand staking rewards generated.
Not a Financial advice, just my thoughts.
Not a Financial advice, just my thoughts.
Comment:
Retesting support. Potential BUY Zones: $.32-$.34. Ideally would like to see above $.33, so a wick to $.32 is fine.
Comment:
BTC Dominance is pushing up, so I expect ALT coins to take a hit on the ALTBTC pairs and ALTUSD will see short term drops/choppy action. That means there will be lower prices to accumulate. ALGO is no exception, it will take a hit as well.
Typically, when you want to invest long term you take a 25% position first if you don't want to miss out and then ladder your buys down to the next support levels, so you can Dollar cost average in your entry. This is a great accumulation zone for long term 6-18 months hold.
Note: Crypto is a risky market, so don't invest that you're not willing to lose. This is not a Financial advise.
Typically, when you want to invest long term you take a 25% position first if you don't want to miss out and then ladder your buys down to the next support levels, so you can Dollar cost average in your entry. This is a great accumulation zone for long term 6-18 months hold.
Note: Crypto is a risky market, so don't invest that you're not willing to lose. This is not a Financial advise.
Trade closed: target reached:
Targets Hit! Closing trade! Congrats if you took this trade!