Algorand is one of the cryptos which has shown bigger gains in this bull pump.
There is a major resistance level in the 0.70 zone, which has been important since 2020. I believe this is the next target to the upside.
In terms of Elliott Waves, my primary count considers we are currently in gray wave 3.
Pullbacks are buying opportunities until we reach gray resistance. At that level I'd be more careful since we could see a deeper correction before continuation.
There is a major resistance level in the 0.70 zone, which has been important since 2020. I believe this is the next target to the upside.
In terms of Elliott Waves, my primary count considers we are currently in gray wave 3.
Pullbacks are buying opportunities until we reach gray resistance. At that level I'd be more careful since we could see a deeper correction before continuation.
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📈 Experienced Crypto trader
👍 Simple, actionable content
🌊 Elliott Wave junkie
🧠 Trading psychology hacks
🎖️ Premium VIP Discord Server ($4.99/mth for a limited time - check link below)
linktr.ee/stoic.trader
👍 Simple, actionable content
🌊 Elliott Wave junkie
🧠 Trading psychology hacks
🎖️ Premium VIP Discord Server ($4.99/mth for a limited time - check link below)
linktr.ee/stoic.trader
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.