FieryTrading

🔥 ALGO/USDT Daily Bullish Channel

Long
BINANCE:ALGOUSDT   Algorand / TetherUS
ALGO/USDT has been inside the channel for almost a year now, since the corona sell-off to be precise. With the recent alt-coin push, I believe this coin will have some more short-term action ahead.

On the chart, I’ve marked two potential areas of resistance, R1 and R2. These areas are based on swing highs and round numbers. Do your own due diligence.

Happy trading!

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