ALGO target 0.28 & 0.45
1D time frame
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ALGO is retesting the structural support around 0.135~0.152, that is also the 0.618 Fibonacci Retracement, so here is a good timing to set up a perpetual trading plan with great RR. Also, we can easily see a strong support on higher time frame around 0.08~0.10, this zone is a sweet price to accumulate spot if ALGO come back again in future. Therefore, I provide two trading plans for perpetual and spot.
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Perpetual:
TP: 0.28 / 0.44
SL: 0.135
Spot:
TP: 0.45 / 0.68
SL: 0.07
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ALGO is retesting the structural support around 0.135~0.152, that is also the 0.618 Fibonacci Retracement, so here is a good timing to set up a perpetual trading plan with great RR. Also, we can easily see a strong support on higher time frame around 0.08~0.10, this zone is a sweet price to accumulate spot if ALGO come back again in future. Therefore, I provide two trading plans for perpetual and spot.
-
Perpetual:
TP: 0.28 / 0.44
SL: 0.135
Spot:
TP: 0.45 / 0.68
SL: 0.07
🌔Signal channel: t.me/tradingdiary_cat
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🌕Discussion group: t.me/rextalkcrypto
✨Bybit sign up: bybit.com/register?affiliate_id=12787&group_id=36093&group_type=1
💡Sign up through link
→Join Teaching Group for free!(PM me)
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