Trading View May 3, 2022

$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?

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