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marcosdaunte
Nov 12, 2021 12:44 AM

Algorand (Breakout) Long

Algorand / TetherUSBinance

Description

Algorand has finally broken out of the sideways trading it's been tracking on.
Algo is now tracking on an ascending channel, leading back to $2.39.

Price $2.49-$2.60 within range by Mid-December.
Algorand is also trading nicely within the top bounders of a Fibonacci retracement pattern at the moment.
support at $1.94-$2.00.


related published ALGO idea linked below:


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