Algorand: Potential Bullish Bat at 61.8% Retrace

Algorand has just hit the lows pretty hard and is now trading at the Lo-AWR and looks to be exiting the local consolidation trend at the lows soon. At the sametime we have a SMall Local Bullish Bat whos PCZ lands at the 61.8% retrace from the swing low to swing high. This particular Bat here is not the most grounded bat but i think it's worth considering and will be targeting the highend of the range.

交易進行:

Bulliish Divergence Type 2:

手動結束交易:

I was hoping for a faster move but things are starting to look sketchy so i will be closing the trade early.