R0MM3LL

ALGO LTF Support & Resistance

Short
BINANCE:ALGOUSD   Algorand
$ALGO dropped into a LTF zone with good trading opportunities over the past 24 hours.

Now, the market is preparing to receive March CPI inflation numbers at 8:30a EST.
Look for short opportunity on breakdown, or a market really after the recent retracement.

CPI impact likely
<8 - bullish response
>8 - bearish response

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.