thedailychartist

ALGOUSDT potential reversal setup forming

Largo
thedailychartist Actualizado   
BINANCE:ALGOUSDT   Algorand / TetherUS
Looking at today's candle as a potential buy signal IF AND ONLY IF it closes near its high. If it does, a buy above the candle is reasonable.

Setup invalidated if either of the following happens: market pulls back significantly before closing, market trades below 0.2767 (red line), or if market creates a lower low (below support level around 0.2626).

Warning: not a trading advice, please. DYOR.
Operación activa
Operación cerrada manualmente:
Closed manually when market broke below 2767 as premise that it is a higher low was invalidated.

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