BINANCE:ALGOBTC LONG
Updated
ALGOBTC just had a volume spike combined with a bullish engulfing candle at a Support&Resistance Flip.
Summary
Trend: Strong uptrend
Level: S&R Flip
Candlestick: bullish engulfing candle
Volume: Volume Spike
Orderbook: Depth chart on Binance in favor of buyers
I'm buying at around current market levels and aiming to take partial/full profit at TP1 depending on market conditions.
This is not financial advice, please do your own Due Diligence. I'm just sharing my personal trades.
Summary
Trend: Strong uptrend
Level: S&R Flip
Candlestick: bullish engulfing candle
Volume: Volume Spike
Orderbook: Depth chart on Binance in favor of buyers
I'm buying at around current market levels and aiming to take partial/full profit at TP1 depending on market conditions.
This is not financial advice, please do your own Due Diligence. I'm just sharing my personal trades.
Note
Trade progressing quite nicely, about halfway to our TP. For those who are more conservative, can consider taking partial profit here or move SL to entry. I will be posting ideas on a daily basis (whenever there are trade setups that meet my criteria).
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