✅Today, I want to analyze ALGO for you in a Weekly time frame so that we can have a MID-term view of ALGO regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
ALGO has formed an inverse head and shoulders pattern. If price followed this pattern and will soon reach to 0.90 . The expected movement is measured as the price movement (AB=CD).
✅ Due to the Ascending structure of the chart... - High potential areas are clear in the chart.
Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
OOff, ugly chart. I hope nobody is holding this trashcoin! I can see it go sub $0.05 soon, there clearly is no demand for or hype around Algorand! Worst coin ever!
Sweetcanary
⋅
Hello, this is great! When it reaches target would you still hodl it for later on i.e. full bullrun?