Horus83

ALGORAND - Moon Signal?!

Long
HTX:ALGOUSDT   Algorand (ALGO) / Tether USD
Hi,

I have the feeling that our dear Friend ALGORAND is gonna offer us a nice Bull Trend for the next weeks... Anyway, if we close above 0.3366$, we got probably a nice run!

- Ascending triangle;
- Volume is still growing;
- OBV is increasing (refill bags by market makers?);
- No bearish divergence in DAILY;
- RSI not yet in overbought;

According to me we are gonna start a wave 3. It means the standard level is : 1.618, 2.618 or 3.618. By the way, the only level that reach a good resistance would be 3.618 at around 0.8241$ (TARGET 1).

Trade safe!

Cheers,

PS: it's not a Financial Advice.
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