Algorand (ALGO) Cryptocurrency Price Prediction, Forecast, and Technical Analysis — Sept 7th, 2021

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Short idea from yesterday (September 6th) triggered and hit the stop for a small loss. The amended short with the break of the triple-bottom is well into profit and more than makes up for the small loss on the original short. Buy Limit idea remains pending and open.
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Trade-Ideas
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Buy Limit @ $1.05
Stop Loss @ $0.99
Profit Target @ $1.33

($0.01/3-box P&F Chart)
Sell Stop @ $1.43
Stop Loss @ $1.47
Profit Target @ $1.23
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Dollar-Cost Averaging
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0.904
0.59

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Jonathan Morgan

Technical analyst, investor, trader, social distancing since before it was cool