ALGOUSD H8: BEST Level to SHORT IT 25/35% gains(SL/TP)(NEW)

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ALGOUSD H8: BEST Level to SHORT IT 25/35% gains(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT as I expect more losses
short and mid term.

🔸 Summary and potential trade setup
::: ALGOUSD 8hour chart review/outlook
::: compression into wedge now
::: breakdown pending
::: expecting 25%/35% correction
::: shorting from here is a nice trade
::: BEARS will target recent cycle lows
::: TP Bears is +25%/+35% gains
::: no valid setups for bulls now
::: later after pullback/correction
::: bulls may look at buying low
::: recommended strategy: SHORT IT
::: short at market / short rallies/rips
::: SWING TRADE: SHORT/HOLD IT
::: correction not over yet
::: good luck traders!
::: SHORT and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS
::: Sentiment outlook short-term: BEARS

RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.