About ALGO, today I’ll only talk about one key point.
A: If it can’t go up, you should withdraw; I’m planning to take profits on ALGO.
B: Wake up, ALGO.
ALGO is stuck in the 0.091500~0.094900 range. The current price is 0.092700 and the RSI is 48.9. I don’t bet on a one-way move in this kind of sideways action. I’ll only go long if there’s a breakout above 0.094900. If it breaks below 0.091500, I’ll exit directly. I won’t do anything in between.
Sideways consolidation is the most exhausting—and the most dangerous for people who make impulsive moves. Staying still is often stronger than reacting wildly. Wait for the signal, then act.
I only make moves at levels I can understand. If I can’t make sense of it, I wait. How do you usually judge positions like this?
Don’t get greedy when it’s rising, don’t panic when it’s falling—plan your trades.
#ALGO #Binance Square
A: If it can’t go up, you should withdraw; I’m planning to take profits on ALGO.
B: Wake up, ALGO.
ALGO is stuck in the 0.091500~0.094900 range. The current price is 0.092700 and the RSI is 48.9. I don’t bet on a one-way move in this kind of sideways action. I’ll only go long if there’s a breakout above 0.094900. If it breaks below 0.091500, I’ll exit directly. I won’t do anything in between.
Sideways consolidation is the most exhausting—and the most dangerous for people who make impulsive moves. Staying still is often stronger than reacting wildly. Wait for the signal, then act.
I only make moves at levels I can understand. If I can’t make sense of it, I wait. How do you usually judge positions like this?
Don’t get greedy when it’s rising, don’t panic when it’s falling—plan your trades.
#ALGO #Binance Square
