ALGO/USDTPERP (Futures) Long-Term Trend: Bullish
Key Resistance Levels: 1.8973, 1.9446, 1.9500.
Key Support Levels: 1.8168, 1.7787, 1.7700.
The price on the higher time frame found support around the 1.6904 USDT mark where it left a bar with a long wick to the downside which shows that the buyers are coming back to the market and might push the price again to the upside toward the 1.8973 USDT level.
ALGO/USDTPERP (Futures) Medium-Term Trend: Bullish
On the lower time frame, the pair succeeded to break the bullish flag to the upside where it is retracing now to the highlighted zone before a new impulsive wave toward the target profit which is the 1.8941 USDT.
Buy Limit Order @ 1.8180
TP 1 @ 1.8941
TP 2 @ 1.9446
Stop Loss @ 1.7952
Trade Safely 🙂