algoshort

turjeics

Hi Seems like ALGO has reached a daily resistance after a strong uptrend. Then it broke down from the channel. That makes me think there is a short opportunity. Please use risk management when trading.

ghane_amir Updated 

Considering the price correction, I give the probability of this move, you can sit without a trigger guard with the STOP LOSS of the last HH or wait for a more reliable trigger.

behdark

It has the potential to make a correction, it can be entered as a scalpel. Always follow stop and capital management

Mahdi-MA Updated 

I think the next downtrend has begun This is my personal opinion. Please do not trade based on my analysis and data.

CallMeBeginnerTheExplorer

Algo USDT 1D Time Frame looks bearish and it shows Hidden Bearish Divergence, It is POSSIBLE to hit the VWAP Line(0.618 Fib Line) or the 200 EMA(0.382 Fib Line) before going down.

ardaturkcan6

Algo is in a huge bearish since September and too many times it tried to break the resistance but it couldn't go so far. Yesterday with BTC ATH it also climbed to huge amount but still it is under our resistance. For short positions: Stop: 1.8 Sell: 1.69

TheMisteryBouly Updated 

RSI overbought. Price skyrocket 120% in 4 days. See the price at we Will close short. 20% gain. Use Lev x5 and u have a 100% ROI. Kiss me later 😊❤️

Thierry88

What a crucial image. Same Head and Shoulders as a few weeks back, just bigger! Looks like we have a waterfall scenario here... For the ones who hold ALGO, better pray... Happy Trading!

I.T.Analytics

In fact, the AlGO is very technical, slowly but surely goes to its goals. Playing out important levels. Let’s see if it can achieve goals

Crypto_Professor

Time to Pay Attention on it..Approaching neckline..If breakouts.Targeting 3600+ sats