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Crypto4light
Oct 26, 2022 8:11 AM

Algo pump before World Cup in Qatar? Long

Algorand / TetherUSBinance

Description

BINANCE: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.

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Comments
kashsotoodeh
It's not gonne happen, the hype around Fifa or news of that sort are just old tricks , I wouldn't count on it ,
Crypto4light
SwallowPremium
Nice work, mate! Totally agree with your way of thinking!
Crypto4light
@SwallowPremium, Thanks my friend! Lets see how Algo play in November
Muhamadsrood
I heard that algo will pump because we approach to fifa2022
Why it belongs to fifa2022 ?
Crypto4light
@Muhamadsrood, because Algo is official and first blockchain partner Fifa! And in November we will see World Cup championship in Qatar. Read in google
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