While BTC and ZEC are still struggling... some alts are having their own little bull run ๐๐ช๐ป
$ALGO just pumped +20% to $0.142... and this one is interesting because it finally pushed above that $0.13-$0.136 resistance area where buyers previously failed.
Now $0.1435 is the next level to clear, above that i am looking at $0.15... but after such a big 4H candle, chasing here? not really ๐
$ACE is also up +18% from $0.163 lows and back around $0.193. Buyers recovered that entire dump pretty aggressively... but $0.20-$0.202 is still the resistance. If ACE clears that, $0.21 could be next.
And then we have $OGN ... +18% and already touched $0.0263 before pulling back to $0.0246.
This thing is volatile as hell ๐ฅฒ I have personally got rekt trading OGN before... those sudden wicks can destroy a leveraged position before you even realize what's happening.
For OGN, $0.0263 is the level i am watching for another breakout, while $0.023-$0.0235 could be the first area buyers need to defend.
I like the momentum on all three... especially ALGO's breakout, but i would rather wait for pullbacks than jump into these massive green candles.
Protect your capital guys... missing one pump is better than getting liquidated trying to catch the next one ๐
๐ Always do your own research ๐
$ALGO just pumped +20% to $0.142... and this one is interesting because it finally pushed above that $0.13-$0.136 resistance area where buyers previously failed.
Now $0.1435 is the next level to clear, above that i am looking at $0.15... but after such a big 4H candle, chasing here? not really ๐
$ACE is also up +18% from $0.163 lows and back around $0.193. Buyers recovered that entire dump pretty aggressively... but $0.20-$0.202 is still the resistance. If ACE clears that, $0.21 could be next.
And then we have $OGN ... +18% and already touched $0.0263 before pulling back to $0.0246.
This thing is volatile as hell ๐ฅฒ I have personally got rekt trading OGN before... those sudden wicks can destroy a leveraged position before you even realize what's happening.
For OGN, $0.0263 is the level i am watching for another breakout, while $0.023-$0.0235 could be the first area buyers need to defend.
I like the momentum on all three... especially ALGO's breakout, but i would rather wait for pullbacks than jump into these massive green candles.
Protect your capital guys... missing one pump is better than getting liquidated trying to catch the next one ๐
๐ Always do your own research ๐