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ALGOBTC

ALGO/BTC - E2E setup with ConfluenceBeautiful setup. Only the Chikou being just over the candles makes it bullish but many other factors to support this trade. 1. We reset the 21EMA 2. We reset the 100EMA 3. Closed above and retested Tenkan, 100, 21 EMAs Algo on the bottom of the screen showing flat and gnerally this means exhaustion and a likely rise. Entry: 2500-2230 T1: 2933 - 200EMA/Resistence T2: 3302 T3. 3576 T4: 3731 Ideally we are going for the E2E to 2933 Trade, Chart, Learn, Repeat Coach K
Long
by Joel_CoachK
ALGO, READY FOR LAUNCH?!We shared this last night with our crew at 2464, here's an overnight update... ideas still valid (Legend AOI = Area Of Interest) AOI 1 - 2575 - NOW HIT AOI 2 - 2734 AOI 3 - 2897 I lose interest at: 2297 I spoke about ALGO last night on our scan and while today it's still laying flat, I just have that...feeling that I get before something is about to pop. BUT Until we break and close about that 2582 spot, I'm not taking any positions. WE can see that the next logical step after that would be around the 2897 mark and just shy of that 200ma. Patience is the name of the game with old mate ALGO
Long
by Unity-Trading-Group
2
ALGO at crossroadsALGO/BTC price is entering into the tail end of a wedge. It is still too early to tell what direction the price will go. Looking at the RSI, it is in the 50% zone which shows its neither overbought nor oversold. There are 2 possible scenarios: 1. The price will either bounce off the support trendline at fibonnaci retracement of .786 and break out of the wedge heading upwards to the resistance zone at 0.00003 btc 2. The price could just break through the support trendline and head downwards towards the major support zone at around 0.00001975btc It will be interesting to see which direction the price goes...
by abasinkanga