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Algorand
Short

ALGORAND (ALGO) Looks like it could drop another 15% - 16% here.

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The crypto markets as a whole have taken quite a beating in the past week but appear to be getting close to forming a bottom. ALGO is showing signs that a rejection off the FVG (Fair Value Gap) currently presenting above the current price on the daily chart could signal a further 15% to 16% drop in the coming weeks.

Good luck, and always use a stop-loss!
MetaShackle
Also on:
ALGOBTCalgochartalgorandalgorandbtcalgorandusdtalgousdalgousdcALGOUSDTChart PatternsTechnical IndicatorsshortsetupTrend Analysis

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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.
ALGOBTCalgochartalgorandalgorandbtcalgorandusdtalgousdalgousdcALGOUSDTChart PatternsTechnical IndicatorsshortsetupTrend Analysis
MetaShackle
Also on:

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.