Crypto4light

Algo pump before World Cup in Qatar?

Long
BINANCE:ALGOUSDT   Algorand / TetherUS
ALGOUSDT
✅Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it.
Thank you.


Algo is official partner FIFA, and in next month we will see major football event last 6 years. And its first time we will see World Cup championship in Qatar and in autumn (before it always was in June)
The idea is, hype around Algo and coins like CHZ bring a lot of attention to this coin.

Possible Targets and explanation
➡️Since January step by step big players accumulate ALGO (you can see on Direction indicator)
➡️We trade in -0.27 zone by fib
➡️More than 230 Days in accumulation phase
➡️Got a not strong but first signal to buy on D1 timeframe
➡️Marked first possible target to take profit.
➡️Daily downtrend line retested.

Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!

✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.

* Look at my ideas about interesting altcoins in the related section down below ↓
* For more ideas please hit "Like" and "Follow"!

🔥Indicators Set - t.me/crypto4light/2155
✅Youtube- www.youtube.com/crypto4light
💰Join in tg channel - t.me/crypto4light
🐦Follow on Twitter - www.twitter.com/vladi4light
📊Max Discounts lnk.bio/discount4light
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.