🚀 LONG
$ALGO 💰 Entry: 0.13226
🛡 Stop-loss: 0.12458 (−5.8%)
🎯 Take-profit: 0.14147 → 0.14608
📈 A bullish engulfing candle just swallowed the prior red candle at EMA20, and buyers locked the short-term low on double volume.
• EMA stack is fanned with a 4.6% spread, so the uptrend structure is intact
• Pullback hit EMA20 within 2.7%, a shallow, controlled retrace rather than a breakdown
• Engulfing candle printed at 1.76x ATR with 2x volume, real demand behind the reclaim
• CVD rising and OBI positive at 0.09, order flow confirms buyers absorbing sells
• 4H, daily, and Elliott wave timeframes all agree, and R:R remains favorable
⭐ Score 68.6/100 ★★★☆☆
Long bias while price holds above EMA20 on a candle-close basis; keep the stop tight below the engulfing low and scale in.
💬 Long
$ALGO too, or taking the other side? Drop your call below.
$BTC #ALGOUSDT #Long #TradingSignals
👉 Follow for hourly setups.