Midterm Long

2022年3月15日

ALGO have faced an almost 80 percent of decrease since the bullish All-Time-High in November, now it has faced a strong Demand Zone which coincides with a liquidity pool which seems make it possible for an almost 20% growth of ALGO to the Weekly resistance which can be followed by a 33% growth toward the monthly resistance . so we should for daily candle which shouldn't be closed below the 0.675 support, otherwise Bears would be dominant and the aforementioned scenario would be called off.