Algorand / TetherUS
Long
Updated

#ALGO/USDT

305
#ALGO

The price is moving in a descending channel on the 1-hour frame and is expected to continue upwards

We have a trend to stabilize above the moving average 100 again

We have a descending trend on the RSI indicator that supports the rise by breaking it upwards

We have a support area at the lower limit of the channel at a price of 0.2351

Entry price 0.2434
First target 0.2479
Second target 0.2536
Third target 0.2594
Trade closed: target reached
snapshot
#ALGO
First target 0.2479 Reached
Second target 0.2536 Reached
Third target 0.2594 Reached

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.