Hello, traders!
ALGO price is testing the upper bound of the consolidation range of $0.25 - $0.36
There are several triggers for trade entry:
There's a positive buyers sentiment on the market
Trader entry can be formed in the range of $0.31-0.36
Targets on Fibonacci retracement levels are:
We can set SL under 0.28
Good luck and watch out for the market.
P.S. This is not a piece of financial advice, but only trade I would be following myself
ALGO price is testing the upper bound of the consolidation range of $0.25 - $0.36
There are several triggers for trade entry:
- MA100 on 1D timeframe supports the price near $0.31
- RSI on 1D timeframe in a bullish zone above 50
There's a positive buyers sentiment on the market
Trader entry can be formed in the range of $0.31-0.36
Targets on Fibonacci retracement levels are:
- $0.4302
- $0.4943
- $0.5584
- $0.6498
We can set SL under 0.28
Good luck and watch out for the market.
P.S. This is not a piece of financial advice, but only trade I would be following myself