ALGOUSDT UPDATE:
ALGO is currently trading around $0.2350. ALGO is breaking down a symmetrical triangle on the daily time frame. The possible scenarios are if the price successfully breaks the triangle and gives a daily close, then we may see bearish momentum in #ALGO. Otherwise, if it pumps from here and trades inside the triangle again, then it may go towards the upper resistance trendline of the triangle. Keep an eye on it.
ALGO is currently trading around $0.2350. ALGO is breaking down a symmetrical triangle on the daily time frame. The possible scenarios are if the price successfully breaks the triangle and gives a daily close, then we may see bearish momentum in #ALGO. Otherwise, if it pumps from here and trades inside the triangle again, then it may go towards the upper resistance trendline of the triangle. Keep an eye on it.
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👉 t.me/cryptobyghazii
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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.