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
Not
Yet to reach out entry priceNot
Close to our entry priceNot
All Targets reached.İşlem kapandı: hedefe ulaştı
Target reached
📢 Telegram Channel: t.me/getgreencrypto
🆓 Free Trial / Contact Us: t.me/greencryptosupport
🌐 Website: greencrypto.net
📚 Docs: docs.greencrypto.net
🆓 Free Trial / Contact Us: t.me/greencryptosupport
🌐 Website: greencrypto.net
📚 Docs: docs.greencrypto.net
İlgili yayınlar
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.
📢 Telegram Channel: t.me/getgreencrypto
🆓 Free Trial / Contact Us: t.me/greencryptosupport
🌐 Website: greencrypto.net
📚 Docs: docs.greencrypto.net
🆓 Free Trial / Contact Us: t.me/greencryptosupport
🌐 Website: greencrypto.net
📚 Docs: docs.greencrypto.net
İlgili yayınlar
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.