Algo pump before World Cup in Qatar?
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.
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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.
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✅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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