Algorand (ALGO): Head&Shoulders Pattern About To Break Neckline
Algorand is looking sweet with a ncie H&S pattern where we are now at the final stage of breakdown (price is testing the neckline zone).
We are looking here for a full-scale breakdown, which would result in a movement to the lower target zone!
Swallow Team
We are looking here for a full-scale breakdown, which would result in a movement to the lower target zone!
Swallow Team
Nota
Algorand has broken that neckline zone, resulting in a nice, sharp candle with 14% of market price movement so far.
Target is still far away so keep your eyes open for that target zone now!
Nota
Algorand is also having a smaller correction after that break at the neckline zone.
We are now looking for further movement to lower zones as we see that re-testing (which is natural movement after breakdowns) is not happening, which again shows the dominance of sellers near that zone! ... for now!
🚨 Authentic Traders
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
🚨 Authentic Traders
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.