ZaxTrader

ALGO Potential movement

Long
ZaxTrader Updated   
BINANCE:ALGOUSDT   Algorand / TetherUS
Like almost all other altcoins, ALGO is ready as a formation and it will do what it has to do soon.
Comment:
It moved faster than I expected and reached the first resistance zone. It will move for a while in the $0.27 - $0.37 range. Then it's next target will be $0.66. If it can exceed the $1 level by the bull season, a new ATH attempt may come. For now, the plan is working like a clockwork.

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.