$ALGO/USDT 4h (Binance Futures) Trendline breakout and pullback
Algorand waiting for a last retest of broken TL and 100EMA.
Current Price= 1.2679
Buy Entry = 1.2330 - 1.1924
Take Profit= 1.3574 | 1.5114 | 1.7333
Stop Loss= 1.1014
Risk/Reward= 1:1.3 | 1:2.68 | 1:4.68
Expected Profit= +23.86% | +49.26% | +85.86%
Possible Loss= -18.36%
Fib. Retracement= 0.786 | 1 | 1.272
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
Current Price= 1.2679
Buy Entry = 1.2330 - 1.1924
Take Profit= 1.3574 | 1.5114 | 1.7333
Stop Loss= 1.1014
Risk/Reward= 1:1.3 | 1:2.68 | 1:4.68
Expected Profit= +23.86% | +49.26% | +85.86%
Possible Loss= -18.36%
Fib. Retracement= 0.786 | 1 | 1.272
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
Trade closed: target reached:
TP1 reached with +23.86% (2x) and +1.3R
Algorand finally revisited the entry zone after almost hitting TP3, then bounced back to first target again!
Algorand finally revisited the entry zone after almost hitting TP3, then bounced back to first target again!
Trade closed: target reached:
TP2 reached with +49.26% (2x) and +2.68R
Algorand kept pushing higher, nice profit grabbed and last target still in play!
Algorand kept pushing higher, nice profit grabbed and last target still in play!
