theansweris42

Base Channel Break and Re-test from above.

Long
BINANCE:ALGOBTC   Algorand / Bitcoin
Algo has popped out of it's Base channel and is now re-testing from above. Suitable profit targets for an entry any time now are the shadow-channel boundaries (Blue parallel lines above the channel). One strategy I've been using of late is to sell 50% at the first and a further 25% at the second (if prices makes it).

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