LinoCerrus

ALGO in an interesting situation, 25-50% upside on the decks

Long
BITTREX:ALGOUSDT   Algorand / Tether
Not yet seeing higher highs, but at least higher lows.

Bulls already tried to break out of the downtrend (red line), but got rejected - third attempt could possibly be successful now.
While breaking the downtrend (red) we are also facing to break the 0.236 FIB between all-time high (1) and most recent low (0) which led to an upward-movement since February 23rd till now.

My Buy will be at 0.99 USDT
TP1: 1.248 USDT
TP2: 1.370 USDT
TP3: 1.491 USDT

Breaking the purple uptrend-line will negate the uptrend we´ve had in the past week and could lead us back to the most recent low (0.84 USDT)

No financial-advice! Good luck!

P.S. P.S. No Binance-Account yet? accounts.binanc...com/en/register?ref=278756...
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