marcosdaunte

Algorand (accumulation phase/recovery.)

Long
KUCOIN:ALGOUSDT   Algorand / Tether
Algorand has hit it's "floor" at $1.50, which was a previous price marker, and has seen a healthy recovery since the dip. Algo is now seeing higher lows, with a possible touch to $1.70-$1.65 before it continues moving up.

I would expect some sideways trading between the pricing $1.90-$1.80. Resistance at $2.00 and $2. 40 .

*additional trading journal notes:
Algorand's Community Governance is coming October 1st, 2021.
youtube link below:
youtu.be/lmTPmlUtezk

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