ALGO Pump
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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👍 Simple, actionable content
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🧠 Trading psychology hacks
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