Algorand / TetherUSShort
Will Algo/Usdt do a correction?
Hello,
We see that Algo/Usdt has made appropriate movements according to the Fibonacci Retracement Levels in the channel it has been in since the beginning of the year. Even though I am on the bulls side in the macro view, it is possible that it will do a correction at least to 0.786 and maybe even 0.618 levels from here.
Short around $0.210 to
TP1: $0.1978
TP2: $0.1887
Cheers,
We see that Algo/Usdt has made appropriate movements according to the Fibonacci Retracement Levels in the channel it has been in since the beginning of the year. Even though I am on the bulls side in the macro view, it is possible that it will do a correction at least to 0.786 and maybe even 0.618 levels from here.
Short around $0.210 to
TP1: $0.1978
TP2: $0.1887
Cheers,
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.