🆓Algorand (ALGO) Mar-18 #ALGO $ALGO

ALGO has just successfully tested the $0.7 zone and reversed with a Pipe pattern. In the near future, ALGO is quite potential when it can completely move to the $1.2 zone, but in the short term, ALGO can bear a resistance at the $1 zone so we need to pay attention to this zone.

📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.7$ zone
🔴Buy : 0.7
🔴Sell : 0.85 - 1 - 1.2

📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.7$ zone
🔵Sell : 0.7
🔵Buy : 0.6 - 0.5

❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section