💡Don't miss the great buy opportunity in ALGOUSD
Trading suggestion:
“. There is a possibility of temporary retracement to the suggested support line (0.6418).
. if so, traders can set orders based on Price Action and expect to reach short-term targets.”
Technical analysis:
. ALGOUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 65.
Take Profits:
TP1= @ 0.7444
TP2= @ 0.7727
TP3= @ 0.8096
TP4= @ 0.8968
TP5= @ 0.9881
SL= Break below S2
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