#ALGO
#Algorand has been in a bearish downtrend since 2021. However, it appears that it has been forming a historical bullish Wolfe Wave, with a long-term target at the supply zone around $1.67.
Passing $0.14 provides a strong confirmation of a major trend reversal.
#Algorand has been in a bearish downtrend since 2021. However, it appears that it has been forming a historical bullish Wolfe Wave, with a long-term target at the supply zone around $1.67.
Passing $0.14 provides a strong confirmation of a major trend reversal.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.