$ALGO – trendline breakout + retest?

Algorand / TetherUS BINANCE:ALGOUSDT

opop777

after the announcement of its partnership with FIFA earlier today, ALGO got a huge pump of about 20% but will we be able to stay at these levels?

ALGO broke the downtrend trendline and is currently retesting the one, we just need to see whether we get a succesful or an unsuccesful retest of it

I will place a good long position targeting the $0.77 resistance if the price fixes well above the trendline, what do you think about it?

drop a like and follow me here and on twitter if you enjoyed this idea!

You might be interested in …

Trading View April 24, 2022

$ASM downside to $.018-.036 before bouncing higher

$ASM downside to $.018-.036 before bouncing higher ASM/USD COINBASE:ASMUSD benjihyam $ASM looks like it’s setting up for a fall lower. I think we’re likely to see price fall to the lower supports from here ($.018-$.036) […]

Trading View April 28, 2022

KAVA Price Targets and Stop Loss

KAVA Price Targets and Stop Loss Kava / TetherUS BINANCE:KAVAUSDT BuySellMarketMaker KAVA/USDT Entry Range: $5.10 – 5. 40 Take Profit 1: $5.80 Take Profit 2: $6.50 Take Profit 3: $7.02 Stop Loss: $4.70

Trading View May 15, 2022

Sol going as per analysis

Sol going as per analysis SOL / TetherUS BINANCE:SOLUSDT ElevateTalent Earlier, we share the Solana analysis for both the scenarios. Good thing, it moved in our bullish direction and is continuing in doing so. Right […]