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Algo is currently seeing a breakout from a larger Bull Flag, followed by this small Descending Triangle (seen within the red lines). Assuming this pattern might be part of a larger move, this could be a measured move up with a price target of $2.00.
This move might be seen as the copied bars pattern from the previous swing up. (seen as the purple bars).
Support/Floor at $1.50 with resistance at $2.00.
related published Algorand ideas linked below.
Algo is currently seeing a breakout from a larger Bull Flag, followed by this small Descending Triangle (seen within the red lines). Assuming this pattern might be part of a larger move, this could be a measured move up with a price target of $2.00.
This move might be seen as the copied bars pattern from the previous swing up. (seen as the purple bars).
Support/Floor at $1.50 with resistance at $2.00.
related published Algorand ideas linked below.