ALGO / USDT Spot Trading Pair
Aktualisiert

Algo long set up

413
sooo there is a lot of upside here. Definitely areas of resistance in between BUT I like it. a lot. Especially if BTC is doing its thing in Feb. Wait for confirmed close above zone.

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Top 10 trading tips:
1. DO NOT FOMO into a trade. Let it come to you. Don’t force it.
2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind.
3. Let your winners run and cut your losers short.
4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win!
5. Before you enter a trade, know your target AND your exit strategy.
6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven.
7. Set your trade parameters up front so you keep your self accountable and remove emotions from the equation. (stop loss, take profit levels, etc)
8. Don't fight the trend. The trend is your friend.
9. Don’t enter a trade based on one indicator.
10. Horizontals > Diagonals

Please note:

- This is not financial advice.
- I do not take every trade I post.
- Never trade off of someone else's chart until you DYOR!
Anmerkung
Snapshot
Still looking muy bueno.
Anmerkung
ALGO #algorand 8H view looks really solid. Breaking above 50 EMA and looks headed for 100EMA. Still in the trade and playing this up to 1.3-1.32. Close below .985 would have me exit.
Anmerkung
Snapshot
nice close above 50EMA and retested. Almost to 100 EMA.

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