marcosdaunte

Algorand (heading to $2.00)

Panjang
BINANCE:ALGOUSDT   Algorand / TetherUS
Algorand's Community Governance is open, and enrollment closes mid-month.

Algo is currently seeing a breakout from a larger Bull Flag, followed by this small Descending Triangle (seen within the red lines). Assuming this pattern might be part of a larger move, this could be a measured move up with a price target of $2.00.
This move might be seen as the copied bars pattern from the previous swing up. (seen as the purple bars).

Support/Floor at $1.50 with resistance at $2.00.

related published Algorand ideas linked below.



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.