benjo93

ALGO - A Rally in the Making

Long
COINBASE:ALGOUSD   Algorand
Price is nearing a strong support and bearish sentiment has slowed down for now.
Next, I expect a rally up to the last major area of structure.

Conditions:
-A candle needs to close above the purple line .
-There needs to be some solid buying pressure on the cross and retest

Entry: $0.96
Target: $1.24
Stop: $0.85

Let's see how things play out!
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