TradingView
Mihai_Iacob
Sep 28, 2021 3:35 AM

Algo in a congesting range 

Algorand / United States DollarCoinbase

Description

After the high above 2.5 from 13 September, AlgoUsd has started to correct lower and now is trading in a congesting range resembling a symmetrical triangle.
Levels to watch are 1.9 zone, with a break here exposing 2.5 high and 1.68 for a bearish move with a target at 1.25 support
Comments
MMBTtrader
waiting for breakout
Mihai_Iacob
@MMBTtrader, got the feeling it will be down
ForexTrendline
Nice one mate, thanks for sharing!
yonsfx
Nice job
More