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CryptoTrader030

Good entry position for a LONG position on ALGO/BTC (LONG)

Long
Algorand / Bitcoin (BINANCE:ALGOBTC)  
CryptoTrader030  
BINANCE:ALGOBTC   Algorand / Bitcoin
Trend Analysis Chart Patterns Wave Analysis altcoins altcoin aglo BTC ALGOBTC Cryptocurrency crypto swingtrading binance
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trendanalysis chartpattern waveanalysis altcoins altcoin aglo btc algobtc cryptocurrency crypto swingtrading binance
Reasons for a long at this position:
- Possible HEAD&SHOULDERS
- Favorable RSI trend + RSI <50
- At a key price level that has returned to be support after breaking resistance

Let me know if you've got feedback! Always eager to learn!

Thank you.

Idee correlate

CryptoTrader030
Very similar pattern forming at BTC/USD
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Another ascending triangle forming at ZEN/BTC (LONG)
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Good entry position for a LONG position on BNB/BTC (LONG)
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MCO/BTC could see a nice bounce to the upside (LONG)
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BTG/BTC on key support level (LONG)
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