👑Algorand/USDT Analysis (24/1) #ALGO $ALGO
ALGO has just had a strong recovery back to $0.57-0.6 from $0.45 and this strong buying force can help ALGO continue rising to the ATH at $0.75 zone.
However, to confirm this buying force, ALGO needs to conquer $0.6 zone
If ALGO fails at this zone, it will plummet to $0.45 or even $0.35 zone
📈BUY
-Buy: 0.57-0.6$ if A. SL if B
📉SELL
-Sell: 0.72-0.75$. SL if A
♻️BACK-UP
-Sell: 0.57-0.6$ if B. SL if A
-Buy: 0.44-0.46$. SL if B
-Sell: 0.44-0.46$ if B. SL if A
-Buy: 0.34-0.36$. SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
However, to confirm this buying force, ALGO needs to conquer $0.6 zone
If ALGO fails at this zone, it will plummet to $0.45 or even $0.35 zone
📈BUY
-Buy: 0.57-0.6$ if A. SL if B
📉SELL
-Sell: 0.72-0.75$. SL if A
♻️BACK-UP
-Sell: 0.57-0.6$ if B. SL if A
-Buy: 0.44-0.46$. SL if B
-Sell: 0.44-0.46$ if B. SL if A
-Buy: 0.34-0.36$. SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
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