This is how I look at the ALGO which makes me think it has a beautiful chart and could be a good long term investment.
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First Plan (Timeframe: 4H/Daily)
>Wait for a possible breakout @2.3 area
>Enter pullback $2.1 area
>TP #1 = $2.5 | TP #2 = $2.9 |TP #3 = 3.4
Second Plan : (Cup and Handle)
>I could see a pullback to price @$3.0-$2.5 and from there hold it for new ATH.
Green Rectangle : Support
Green Thin Arrow : Just a guide but it could still possibly go sideways.
Red Rectangle : Resistance
Purple Arcs : For the Second Plan
Purple Square : Possible Target
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This is just my own opinion that I would possibly follow.
Comment your idea and suggestion that could make this idea so much better and right, thank you!
-
First Plan (Timeframe: 4H/Daily)
>Wait for a possible breakout @2.3 area
>Enter pullback $2.1 area
>TP #1 = $2.5 | TP #2 = $2.9 |TP #3 = 3.4
Second Plan : (Cup and Handle)
>I could see a pullback to price @$3.0-$2.5 and from there hold it for new ATH.
Green Rectangle : Support
Green Thin Arrow : Just a guide but it could still possibly go sideways.
Red Rectangle : Resistance
Purple Arcs : For the Second Plan
Purple Square : Possible Target
-
This is just my own opinion that I would possibly follow.
Comment your idea and suggestion that could make this idea so much better and right, thank you!