🚀 LONG
$ALGO 💰 Entry: 0.13547
🛡 Stop-loss: 0.13025 (−3.8%)
🎯 Take-profit: 0.14173 → 0.14486
📈 A bullish engulfing candle just swallowed the prior red candle on ALGO, locking in the swing low and handing buyers control.
• EMA stack is fully aligned with a wide 14% spread, so trend structure backs the long side
• Price pulled back just 3% into EMA20 before reversing, a clean shallow dip in trend
• The engulfing candle printed 1.18x ATR range, showing real conviction at the turn
• CVD confirms the move and taker flow sits 11% on the buy side, order flow agrees
• 4H, 1D and EWT all align, with RSI at 60 and a favorable R:R for the entry
⭐ Score 74.8/100 ★★★★☆
Let the engulfing candle close hold above EMA20, then scale in with a tight stop below the fresh swing low.
💬 Long
$ALGO too, or taking the other side? Drop your call below.
$BTC #ALGOUSDT #Long #TradingSignals
👉 Follow for hourly setups.