💎Paradisers, ALGOUSDT is currently on the radar with its intriguing behavior, having faced rejection at a resistance level but showing signs that it might surge past it in a bullish manner soon.
💎 Historical patterns have shown that when supply zones transform into demand zones, ALGOUSDT tends to ascend. Although it faced a setback at the resistance level of .11563, the momentum seems to be regaining, hinting at a heightened likelihood of breaching the resistance.
💎 Notably, the price has maintained a stance above the previous low, which supports the bullish outlook. Another scenario to consider is a potential bullish push from the demand zone at .10594. However, a drop below this zone could signal a bearish turn.
💎 While some traders, particularly newcomers, may be initiating long positions, it's crucial to maintain a strategic edge and remain alert to all market movements.
💎 Historical patterns have shown that when supply zones transform into demand zones, ALGOUSDT tends to ascend. Although it faced a setback at the resistance level of .11563, the momentum seems to be regaining, hinting at a heightened likelihood of breaching the resistance.
💎 Notably, the price has maintained a stance above the previous low, which supports the bullish outlook. Another scenario to consider is a potential bullish push from the demand zone at .10594. However, a drop below this zone could signal a bearish turn.
💎 While some traders, particularly newcomers, may be initiating long positions, it's crucial to maintain a strategic edge and remain alert to all market movements.
Trade closed: target reached
💎 Bingo! #ALGOUSDT is dancing to our tune, up 21.44% just like we predictedNote
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🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
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.
Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
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.