Algorand
Short
Updated

ALGO scalp trade

317
Next candle may drop to $.85 to $.87 resistance level.
I may or may not buy in at that range.
Will look to sell at $.95 to $1.05.

Can't stress it enough trade cautiously. Risk is not always worth the potential of a reward.

*These are my opinions for the purpose of pattern recognition. This is not financial or trading advice.
Note
Price may only momentarily hit $.85 level.
The probability of hitting $.62-.70 looks good within the next couple days.
Note
correction $.56 to $.52.
Order cancelled
Not as fast action to the location I had set buys. Closing idea.

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