ALGOUSDT: Falling Wedge - Getting Ready for breakout
Zaktualizowano
Falling wedge is bullish pattern (reversal pattern) formed by two converging bearish lines.
As you can see in the chart,
ALGOUSDT has formed a clear falling wedge patter.
If the breakout is confirmed, we can enter the trade around 0.173
After the breakout we can expect a minor correct, however breakout entry should be good and position can be average to get better entry price if the correction happens.
EntryPrice: 0.1734 (after breakout) - 0.165 (for averaging the entry)
Stoploss: 0.1490
TP1: 0.1894
TP2: 0.2040
TP3: 0.2253
TP4: 0.2531
Don't forget to keep stoploss.
Like and follow us for more interesting ideas.
Cheers
GreenCrypto
As you can see in the chart,
ALGOUSDT has formed a clear falling wedge patter. If the breakout is confirmed, we can enter the trade around 0.173
After the breakout we can expect a minor correct, however breakout entry should be good and position can be average to get better entry price if the correction happens.
EntryPrice: 0.1734 (after breakout) - 0.165 (for averaging the entry)
Stoploss: 0.1490
TP1: 0.1894
TP2: 0.2040
TP3: 0.2253
TP4: 0.2531
Don't forget to keep stoploss.
Like and follow us for more interesting ideas.
Cheers
GreenCrypto
Uwaga
Yet to reach out entry priceUwaga
Close to our entry priceUwaga
All Targets reached.Transakcja zamknięta: osiągnięto wyznaczony cel
Target reached
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🌐 Website: greencrypto.net
📚 Docs: docs.greencrypto.net
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