ALGO may reach above $1 again

Algorand / Tether BITTREX:ALGOUSDT

iBijan

Hello trading view community. Should you like this analysis please support with likes and comments. Thanks.
Never risk more than you can afford to lose.
Always DYOR.
ALGO broke down the weekly resistance zone $0.8463 (in blue) then shadowed up, above the aforementioned level.
If ALGO can make another daily candle stick above support level it may reach to next resistance zone which is a daily level (in green),
Since BTC . D is getting green now this senario may come true.
$0.9233, otherwise it may drop to $0.6856 monthly support zone (in red).
This is personal idea and I am not a financial adviser

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