Algorand / TetherUS
Long
Updated

Bullish on Algorand

255
Algorand touch a high of $0.75 last week due to the announcement by FIFA as one of the sponsors in the up coming World Cup 2022 and retraced....
A new support zone which was formed again this week and it is an uptrend move in which price has made price touched the previous higher heigh of $0.7640.
From this point it shall hold the support and there shall be a pullback before a final new price discovery....
Trade active
Trade is still active because the Entry price of $0.78 has not triggered therefore no position has been opened....

DYOR NFA
Trade closed manually
HIT SL

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.