AlGO/USDT possible breakout

6 ביולי 2021

Hello everyone. Looking through all Binance coins I found a pretty good pair. It's ALGO/USDT. So now the chart of this pair shows a strong price level located at $0.9121. This level was formed by a paranormal bar several months ago and two days ago, another bar proved this level. Today we can see how price tries to break it. But I think that today we won't see the breakout because ALGO passed most of its ATR. Thus, we need to mark this asset as a possible option and look at it tomorrow.