Algorand (Breakout!)
Algorand's Community Governance is now here, started October 1st, 2021; and at the time of writing this it has:
14,750 Governors and 144,590,183.078 Algo Committed to be staked.
Algo is breaking out of a larger bull flag pattern/descending triangle (related published idea listed below).
Now testing a smaller descending triangle (R.S.I Divergence showing Bullish signals).
Price Target $2.75-$3.00.
support/floor at $1.50 with resistance at $2.00.
14,750 Governors and 144,590,183.078 Algo Committed to be staked.
Algo is breaking out of a larger bull flag pattern/descending triangle (related published idea listed below).
Now testing a smaller descending triangle (R.S.I Divergence showing Bullish signals).
Price Target $2.75-$3.00.
support/floor at $1.50 with resistance at $2.00.
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.