ALGO May Rise After Two Weeks of Accumulation
Since August 27, 2024, ALGO has been moving down within a descending pattern.
The recent breakout above this pattern suggests a potential bullish movement, which could drive ALGO back to its previous highs, as illustrated in the chart.
A minor correction is anticipated before the price resumes its upward trajectory.
This correction may occur ahead of the US CPI data release, given the current market speculation.
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❤️
Since August 27, 2024, ALGO has been moving down within a descending pattern.
The recent breakout above this pattern suggests a potential bullish movement, which could drive ALGO back to its previous highs, as illustrated in the chart.
A minor correction is anticipated before the price resumes its upward trajectory.
This correction may occur ahead of the US CPI data release, given the current market speculation.
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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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
✅MY FREE Signals Channel
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
✅MY Recommended Broker is TRADE NATION
🔸bit.ly/49VySJF
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
✅MY Recommended Broker is TRADE NATION
🔸bit.ly/49VySJF
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.