Hi guys,
Again as seen on the chart and historic price action or ALGO we can clearly see the PAIN points of where price is reacting and providing opportunities.
If we manage to break this trendline my first BUYS will begin at $0.16.
Risk here is holding drawdown of around -26% if price drops towards second area, so yes, in my eyes it is worth it!
Second area of accumulation and buying ALGO would be my ALL IN BUY ZONE from $0.10 to $0.14.
Potential gain from first zone towards our first target - HIGH of this cycle in 2024 is 280%!
Potential gain from ALL IN BUY ZONE is around 400%!
Second TP zone would be of course psychological level $1 where our gains from first buying area would be around 500% and from the second area would be around 700%
Please invest only what you are willing to lose, play it smart and be patient as patience is the key.
Again as seen on the chart and historic price action or ALGO we can clearly see the PAIN points of where price is reacting and providing opportunities.
If we manage to break this trendline my first BUYS will begin at $0.16.
Risk here is holding drawdown of around -26% if price drops towards second area, so yes, in my eyes it is worth it!
Second area of accumulation and buying ALGO would be my ALL IN BUY ZONE from $0.10 to $0.14.
Potential gain from first zone towards our first target - HIGH of this cycle in 2024 is 280%!
Potential gain from ALL IN BUY ZONE is around 400%!
Second TP zone would be of course psychological level $1 where our gains from first buying area would be around 500% and from the second area would be around 700%
Please invest only what you are willing to lose, play it smart and be patient as patience is the key.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.