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ALGOBTC possible Wyckoff accumulation

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BINANCE:ALGOBTC   Algorand / Bitcoin
Dear Friends i have noticed possible Wyckoff accumulation forming with Algorand/Bitcoin market pair. Now in phase A at PS, AR, SC and ST the spread does not behave quite as described in Wyckoff method but the price still does appear to be bottoming out.

buy now at ~0.00003500
stop loss at 0.00000708
profit target 1 at 0.00006000
risk & reward ratio 1:1
profit target 2 at 0.00012490
risk & reward ratio 1:3

only use maximum 1% of your total portfolio for this trade. when price hits first profit target, exit the trade or move stop loss to break-even at trade entry point.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.