Hi
I entered a trade today and bought ALGO. The price broke from a triangle pattern but within 5 mins of entering the trade the price began to fall. Did I enter the trade too early after breakout ? I have added the chart below:
I entered a trade today and bought ALGO. The price broke from a triangle pattern but within 5 mins of entering the trade the price began to fall. Did I enter the trade too early after breakout ? I have added the chart below:
First of all, the link doesn't exist. That's the error I get.
As for your specific question it would help to know which exchange platform you used to buy it from. In any case though, it just seems that you definitely entered at the wrong time.
On top of this, you simply bought the wrong coin. I mean look at the growth it had over the period of 1 year, and over the weeks this coin has been on a downtrend - so I'm not so sure why you'd buy in when every indicator is telling you not to
