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$ALGO/USDT 4h (Binance Futures) Facing Trend Line resistance

Short
Algorand / TetherUS PERPETUAL CONTRACT (BINANCE:ALGOUSDT.P)  
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BINANCE:ALGOUSDT.P   Algorand / TetherUS PERPETUAL CONTRACT
Trend Analysis algorand algo ALGOUSDT binance futures
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trendanalysis algorand algo algousdt binance futures
Algorand
Trade attivo:
All entries filled

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Commento:
Nice rejection with -6.44% (1x)

Algorand is going down as planned so far, let's hope next dip would reached first target!

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Trade chiuso: stop raggiunto:
Stopped out with -9.18% (1x)

After many rejections, Algorand broke out upwards after all...
Market looks quite bullish on low TF so I'll try to look for scalp long.

snapshot

Idee correlate

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$ALGO/USDT 4h (Binance Futures) Symmetrical triangle breakout
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$ALGO/BTC 1D (Binance Spot) Descending channel breakout
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$ALGO/USDT 12h (Binance Futures) Pullback to support
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$ALGO/USDT 2h (Binance Futures) Parallel channel & TL breakout
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