Dear friends, Algorand has been in a downtrend for MANY MONTHS, it reached major support area of 0,09 cent. (ATTENTION, it still can FALL lower). Now Algorand seems to be establishing a BOTTOM.
Bullish signs: Bullish divergence, volume increasing, major support zone, oversold territory.
2 things can happen now: Algorand slowly increases. Or Algorand makes new low under 0,09 to take stop-losses and liqiudity and then starts an uptrend.
ALGOUSDT ALGOUSD ALGOUSDT
Bullish signs: Bullish divergence, volume increasing, major support zone, oversold territory.
2 things can happen now: Algorand slowly increases. Or Algorand makes new low under 0,09 to take stop-losses and liqiudity and then starts an uptrend.
ALGOUSDT ALGOUSD ALGOUSDT Trade active
Long opened around 0,10. (attention: price can still fall below 0,09)Stop-loss: 0,065
Take-profit targets: 0,12, 0,15, 0,18, 0,22
Note
Just a reminder: you need a lot of patience for Algorand. keep that in mind.Note
TRADE IS STILL OPEN. ALgorand needs a lot of patience. But the uptrend will be strong and massive.Trade closed: target reached
This trade is going amazingggg. just like i predicten. i took profit at 0,20. trade closes already.Trade closed: target reached
Hi traders. I have reached my target perfectly with another correct prediction.
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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.