Algorand / TetherUSShort
ALGO TREND BREAKOUT AND DISTRIBUTION LEVEL
ALGO has confirmed a bearish breakout on the trend line formed. Here we are required to confirm a breakout on the support which has been created with the distribution zone. Once the price confirms a breakout, we can expect a downside momentum which can be easily retest a level close to $0.093 or below
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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.