ALGO may reach above $1 again
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Never risk more than you can afford to lose.
Always DYOR.
ALGO broke down the weekly resistance zone $0.8463 (in blue) then shadowed up, above the aforementioned level.
If ALGO can make another daily candle stick above support level it may reach to next resistance zone which is a daily level (in green),
Since BTC. D is getting green now this senario may come true.
$0.9233, otherwise it may drop to $0.6856 monthly support zone (in red).
This is personal idea and I am not a financial adviser
Never risk more than you can afford to lose.
Always DYOR.
ALGO broke down the weekly resistance zone $0.8463 (in blue) then shadowed up, above the aforementioned level.
If ALGO can make another daily candle stick above support level it may reach to next resistance zone which is a daily level (in green),
Since BTC. D is getting green now this senario may come true.
$0.9233, otherwise it may drop to $0.6856 monthly support zone (in red).
This is personal idea and I am not a financial adviser
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