mohammadsepehrpourghannad

Breakout confirmation in ALGO

Long
BINANCE:ALGOUSDT   Algorand / TetherUS
As it can be seen in the chart Algo has broken out its great bearish trend line and it has tested it and the major bullish trend line. Now a pull back to an important 4H level can be seen which can be great long position with a suitable risk/reward stand point.
Besides, having a look at its current market cap which is about 11B can be insightful. In other words, changing the flow of money to Algo, it just need 4B to reach all of our targets.
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