Just a quick update on our previous 
ALGO trade, So far, it has performed as expected, hit resistance within the past week, and was rejected slightly back to it, We're currently expecting the current resistance level to break over the next 48 hours.
Levels to focus on and set alerts at
Updated Target level 1(Major Resistance): $0.2398
Updated Target level 2: $0.3610
Updated Target level 3: $0.5077
Targets from last chart remain the same, Expecting us to break UTL1 (Updated Target level 1) within the next 48 hours, after that major resistance I expect a sharp break upwards towards UTL2 before a potential cook off wick and then continuing to next targets, expect the first two targets to be broken within the week.
ALGO trade, So far, it has performed as expected, hit resistance within the past week, and was rejected slightly back to it, We're currently expecting the current resistance level to break over the next 48 hours. Levels to focus on and set alerts at
Updated Target level 1(Major Resistance): $0.2398
Updated Target level 2: $0.3610
Updated Target level 3: $0.5077
Targets from last chart remain the same, Expecting us to break UTL1 (Updated Target level 1) within the next 48 hours, after that major resistance I expect a sharp break upwards towards UTL2 before a potential cook off wick and then continuing to next targets, expect the first two targets to be broken within the week.
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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.
Related publications
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.