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ALGOUSDT

ALGORAND - 🤔Has Not Exploded as We expected But.... 🙏🙏But a bullish flag on the chart might change things for us. I had posted about Algorand a lot but nothing much has happened since Thursday... Maybe time for volatility to arouse and Algorand to fly? Well i certainly hope so because i have high expectations from ALGOI and funds tied up with it. Let's go ALGO! ps. Checj this great news : SPORTS Drone Racing League lands $100 million deal with crypto platform Algorand
Long
by FX_Professor
7
ALGORAND ASCENDING TRIANGLE but.. **BINANCE: ALGOUSDT 2H HEIKIN ASHI** ALGORAND at the 2 o'clock shows a clear resistance at the top. With the ascending higher bottoms you could therefore say that an Ascending Triangle / upward triangle is formed (usually bullish). You can clearly see that within the pattern the pressure on the support is greater than the pressure against the resistance... so something to look out for. Should the Bears make it here they will run into an old resistance around $1.85 and if it doesn't hold and the trend continues, a drop to $1.50 is also very possible. However, I do see some bullish divergence that could give the Bulls an impulse to move towards $2.49. look out for an above-average volume breakout. Keep calm, trade safe and manage your risk. (Disclaimer: This is not financial advice)
by Tims.Technische.Analyse.