Algorand has broken out this bullish pattern, breaking 100EMA would make it grow even more!
You could enter now in Spot or Margin, but here goes a safer set-up on a probable pullback:
Current Price= 0.00003268
Buy Entry= 0.00002956 - 0.00002710
Take Profit= 0.00003406 | 0.00003943 | 0.00004857
Stop Loss= 0.00002354
Risk/Reward= 1:1.2 | 1:2.32 | 1:4.23
Expected Profit= +20.23% | +39.18% | +71.44%
Possible Loss= -16.91%
Fib. Retracement= 0.232 | 0.382 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 960h
You could enter now in Spot or Margin, but here goes a safer set-up on a probable pullback:
Current Price= 0.00003268
Buy Entry= 0.00002956 - 0.00002710
Take Profit= 0.00003406 | 0.00003943 | 0.00004857
Stop Loss= 0.00002354
Risk/Reward= 1:1.2 | 1:2.32 | 1:4.23
Expected Profit= +20.23% | +39.18% | +71.44%
Possible Loss= -16.91%
Fib. Retracement= 0.232 | 0.382 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 960h
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.