ALGO/BTC H4 falling wedge
ALGO printing nice falling wedge, but price is under uptrend line, today was fakeout and retest this trendline after Binance team posted news:
"Binance Will Support the Upcoming Algorand (ALGO) Network Upgrade "
binance.com/en/support/articles/360037562032
If price will back above trendline again on high volume, propably price will go up again . Next resistance (if price will back above trendline) are 4k sat and 4400 sat.
Support: 3500-340 sats
"Binance Will Support the Upcoming Algorand (ALGO) Network Upgrade "
binance.com/en/support/articles/360037562032
If price will back above trendline again on high volume, propably price will go up again . Next resistance (if price will back above trendline) are 4k sat and 4400 sat.
Support: 3500-340 sats
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.