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Trade Idea: ALGO LONG

Opened 2025-09-26 01:33:03 · Valid until 2025-09-27 01:33:03 · Closed 2025-09-26 11:13:01
How this works. Pending means price has not hit entry. Live means entry was hit and the trade is active until TP or SL or expiry. Closed means TP or SL hit, or expired. Times are UTC. Educational use only.
LONG PENDING RR 2.00 Conf 75% Scalp hours
Entry 0.20700000
Stop 0.20400000
TP 0.21000000 / 0.21200000 / 0.21500000
Live 0.18191900
ROI -12.12% (vs entry)

Thesis and checks

The analysis of ALGO indicates a potential long scalp opportunity based on recent price action and technical indicators.

  • The 5m chart shows a bullish divergence with RSI indicating a potential reversal from the recent downtrend.
  • The 15m chart has formed a double bottom pattern, suggesting a strong support level around $0.204.

Trade ideas are educational. Manage risk and position size.