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coin ALGO 49 place in CMC . I have been trading this coin since June, at the same time, I made the previous trading idea, +140% from the point of entry.
From May to June, the price formed a patern of a bowl with a handle, then the price was in an upward trend forming an expanding triangle, in September we saw a dump together with all the alto coin market, after the price began to form a symmetrical triangle, which was also broken down, and the price fell under the support level, updating the price minimum to the bitcoin. At the moment, the price has formed an almost perfect pattern of inverted head and shoulders. This formation is traded at the breakdown of the neck line, or on the rebound after the breakdown of the neck line, the target value of the neck to head, about 30%. Stop under the right shoulder. When working out this scenario and the development of upward movement, you can consider further purchases while holding the zone 25.
Always use stop loss, and do not use the trading shoulder more than x3.
A trader should always have tomorrow.
If you find the information useful, place a liking and sign so you don't miss anything.
coin ALGO 49 place in CMC . I have been trading this coin since June, at the same time, I made the previous trading idea, +140% from the point of entry.
From May to June, the price formed a patern of a bowl with a handle, then the price was in an upward trend forming an expanding triangle, in September we saw a dump together with all the alto coin market, after the price began to form a symmetrical triangle, which was also broken down, and the price fell under the support level, updating the price minimum to the bitcoin. At the moment, the price has formed an almost perfect pattern of inverted head and shoulders. This formation is traded at the breakdown of the neck line, or on the rebound after the breakdown of the neck line, the target value of the neck to head, about 30%. Stop under the right shoulder. When working out this scenario and the development of upward movement, you can consider further purchases while holding the zone 25.
Always use stop loss, and do not use the trading shoulder more than x3.
A trader should always have tomorrow.
If you find the information useful, place a liking and sign so you don't miss anything.
Comment:
no entry point
