


Helio_Investments
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since Feb 15, 2021
cardano
containsioscript
ethereum
ethereumforecast
indicator
supportandresistance
trendanalysis
triangle
waveanalysis
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Algorand seems to be wanting to continue the bullish trend by forming a symmetrical triangle on the 4H timeframe, aiming a possible 37.17% breakout towards this local resistance level. Breaking this local resistance level would be important to continue the trend, but failing to do so would push Algorand back into the accumulation zone around 40 cents.
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Cardano having trouble breaking trough the local resistance at $2,04, possible retest on the triangle would be a logical follow-up.
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Trade the correction waves up to the second breakout point!
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