📊 Analysis #ALGO /USDT
1. Price Forecast (short-term)
• The price broke through the descending channel (blue figure) and formed 5 waves of growth (Elliott impulse).
• RSI = 54 → neutral zone, no overheating, upward movement potential remains.
• MACD in positive zone, but weak signal for slowdown.
• EMA (21, 50, 100, 200) → price above all averages → bullish trend is prioritized.
• Likely scenario: correction in the range of 0.260–0.255, after which growth continues to 0.277–0.288, with potential up to 0.300.
Long position
• Entry: from 0.260–0.255 (correction zone / EMA 50 support).
• Stop-loss: 0.245 (below the local minimum).
• Take-profits: indicated on the chart
• R/R: ~1 : 3.
• Probability of realization: ~65–70%.
Leverage size
Optimal x3–x5 (considering current volatility).