$ALGO just ripped from the 0.115 area up to 0.1435 and is cooling off a bit around 0.133 right now. Momentum still looks solid on the higher timeframe.
Looking to long near support, entry somewhere between 0.131 – 0.134. TP1 0.142 TP2 0.148 TP3 0.155–0.158 SL 0.127
If buyers hold this zone we could see another push toward that 0.155–0.160 resistance. Anyone else still in or waiting for a deeper retest?
$ZEC just took a heavy dump from 1348 down to the 1194 area and is sitting around 1205 right now. Sellers look like they’re losing a bit of steam at this support.
Planning a long entry somewhere between 1198 – 1210. TP around 1265–1280 SL just under 1188
A lot of late shorts piled in on the drop, so if this level holds we could see a squeeze higher. Not trying to nail the exact bottom, just riding the bounce if support does its job. Anyone else watching this recovery?