ALGO Completes Bullish Harmonic Pattern
ALGO Completes Bullish Harmonic Pattern
ALGO is currently testing a strong support zone that has held steady for about two weeks. From the chart, we can observe that ALGO has repeatedly tested the 0.2600 price zone and successfully bounced back each time.
It appears that market participants are determined to prevent the price from falling further. Today, ALGO completed a bullish harmonic pattern, adding more strength to the expected bullish movement from this zone.
Key resistance areas are identified near 0.2870, 0.2970, and 0.3060.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
ALGO is currently testing a strong support zone that has held steady for about two weeks. From the chart, we can observe that ALGO has repeatedly tested the 0.2600 price zone and successfully bounced back each time.
It appears that market participants are determined to prevent the price from falling further. Today, ALGO completed a bullish harmonic pattern, adding more strength to the expected bullish movement from this zone.
Key resistance areas are identified near 0.2870, 0.2970, and 0.3060.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
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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.
✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
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.