ehsan_me

ALGO USDT analysis

Short
BINANCE:ALGOUSDT   Algorand / TetherUS
Hello Trader,
Please look at the video.
ALGO is on down trend and as per this analysis this will be continued to lower price as of the current date and time of publishing this idea.
RSI is low at 27, current price is ~1.63
1- First target is 1.56
2- The second is 1.49
3- Very ow possible third target is 1.21

--- Some advices
This is not a financial advice
Open trade at your own risk
Never invest beyond 10% of your portfolio
Never ever forget to have the stop-loss(1/2.5 R/R and more is better)