peppermintschnaaps

ALGO Uptrend Bounce

Long
COINBASE:ALGOUSD   Algorand
I think based on the support levels, trend lines, 200 day & 14 day MAs and fib levels
we will see an upward click back up toward last nights highs and beyond. After stopping out of my position just before the earlier correction dump, I am averaging back in slowly with SL in place in the event this does not confirm.

I am only creating / publishing for my own learning journey and in no way would want anybody to follow my advice given that I am not a professional or licensed trader.
Comment:
I think it is possible we break below into .645 before catapult. But the idea is still playing out in real time, I'm bullish on ALGO.
Comment:
May hold back for entry between .61&.60
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