February 2, 2026

ALGO Long: Update

ALGO Long: Update

ALGO Long: Update

ALGO Long: Update

ALGO/USD COINBASE:ALGOUSD
peppermintschnaaps


ALGO Long: Update

My initial thought was about .65 pivot after the last correction but overthinking and a busy day with errands blindsided me into hoping for a drop even lower, therefore I did not open an order and missed a chance to make a sweet little profit as it did move from .65 to about .69 before a tiny retrace back into the .67s.
The volume is very very steady at a normal pace, not much volatility and seems to trend upward within the channels I’ve drawn. Buying pressure is winning here and I did go in during this last retrace, albeit a mini retrace and plan on longing until the next target which I have at about .77.
Keeping my stop loss tight as I don’t want to lose profit I gained from the long I opened yesterday morning and closed after the run proceeding FIFA news.

If I see price action fall into the support level under the trend line I’ve outlined, I will look for an exit.

I’m learning TA on my own by reading books, watching videos and trial and error.
If you like my thought or are more experienced and think I’m on the right track, please hit “agree”.

Thanks!

Previous Article

Rhode Island Dangles Crypto Rewards For Home Builders With Low Carbon Emission

Next Article

#Bitcoin Bears Press On as BTC dumps 21% from April Highs

You might be interested in …

Bitcoin – pump soon!

Bitcoin – pump soon!

Bitcoin – pump soon! Bitcoin / TetherUS BINANCE:BTCUSDT SkyrexTrading Hello, everyone! Yesterday we considered that globally the Bitcoin is ready for the significant bounce to the upside. We can see the test of the current […]

rsr looking great

rsr looking great

rsr looking great RSR / TetherUS BINANCE:RSRUSDT cryptomiketradin accumalating rsr down here could see a big move up soon good risk reward here