$ALGO/#BTC [#Algorand]: ResistanceBreakout+Confirmation
We've detected a Resistance Breakout and Confirmation on the ALGO/
BTC chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are at 0.00001157 | 0.00001213 | 0.00001337 and the major support zones are respectively at 0.00001033 | 0.00000965 | 0.00000841. We may consider entering a trade at the current price zone at 0.00001104 and targetting higher level.
- Technical Metrics Index:
-- Current price: 0.00001104
-- 24H Volume: 48.4664 BTC
-- 24H Price change: 7.498%
- Pivot Points - Levels:
-- Resistance: 0.00001157 | 0.00001213 | 0.00001337
-- Support:0.00001033 | 0.00000965 | 0.00000841
- Indicators recommandations:
-- Oscillators: BUY [BUY: 3 - SELL: 1 - NEUTRAL: 7]
-- Moving Averages: STRONG_BUY [BUY: 13 - SELL: 1 - NEUTRAL: 1]
--Summary: BUY [Total Buy:16 - Total Sell: 2 - Total Neutral: 8]
BTC chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are at 0.00001157 | 0.00001213 | 0.00001337 and the major support zones are respectively at 0.00001033 | 0.00000965 | 0.00000841. We may consider entering a trade at the current price zone at 0.00001104 and targetting higher level.- Technical Metrics Index:
-- Current price: 0.00001104
-- 24H Volume: 48.4664 BTC
-- 24H Price change: 7.498%
- Pivot Points - Levels:
-- Resistance: 0.00001157 | 0.00001213 | 0.00001337
-- Support:0.00001033 | 0.00000965 | 0.00000841
- Indicators recommandations:
-- Oscillators: BUY [BUY: 3 - SELL: 1 - NEUTRAL: 7]
-- Moving Averages: STRONG_BUY [BUY: 13 - SELL: 1 - NEUTRAL: 1]
--Summary: BUY [Total Buy:16 - Total Sell: 2 - Total Neutral: 8]
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