Here is my take on ALGO / USDT 4H. We are witnessing a triangle formation with a potential breakout. If the ranging motion continues then we can consider the pattern as invalidated. If the triangle breaks the upper line of the triangle - I recommend that you wait for a solid confirmation - then enter a long position. Take profit ideas:
TG1 - 2.08$ TG2 - 2.18$ TG3 - 2.26$ TG4 - 2.44$
I keep it simple and clean! Likes, comments, and follows are dearly appreciated. Let me know what you think and which ones you would like for me to analyze next.
i hope it will reach 2.4 profit, hoorayyy! do you have a target date when this will happen?
Droz_TA
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@amadobumatayiii, I don't have a qualified guess as to WHEN it will hit 2.4$. Remember this is just my analysis, perspective, and expectation, it might not even hit the target. In that case, you should always manage your risk! I sincerely hope that this analysis will be valuable for you and that you will profit from this trade!
do you have a target date when this will happen?