ALGOUSD | ALGOUSDT ✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view, And only some of these analyzes are my actual real trades. I hope Traders consider I am Not responsible for your trades and investment decision.
Algorand long position Open long @ 0.2256 - 0.2230 Use 10X leverage For free ideas and signals comment fast
Algorand's price action has been very straightforward since the start of 2020, as it has been trading within a long-term Channel Up. Every Higher High follows a +0.236, +0.786 +1.0 sequence on the Fibonacci scale and every Bottom is made on the second low following the correction and a Triple Bottom on the 1D RSI (green shape). If this pattern continues, then...
Pattern: Channel Up on 1D. Signal: Buy on the next pull-back after the 1D Golden Cross gets formed. That has been the last buy signal in the two previous bullish legs to a Higher High. Target: 3.7500 (the All Time High). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **...
In fact, the AlGO is very technical, slowly but surely goes to its goals. Playing out important levels. Let’s see if it can achieve goals