#ALGOUSDT T: F - 1 HOUR.
#ALGOUSDT formed a distorted Symmetrical Triangle, which is a Trend Continuing Pattern, however the direction of the breakout must be considered before making entry decisions.
Now trading at $0.2327, the price tested the same level during December 22 and the level at $0.2353 - $0.2960 acted as a zone of RESISTANCE.
Time To Wait And Watch!!
DYOR
#ALGOUSDT #crypto #ALGORAND #marketpdates #thesoumyoroyanalysis
#ALGOUSDT formed a distorted Symmetrical Triangle, which is a Trend Continuing Pattern, however the direction of the breakout must be considered before making entry decisions.
Now trading at $0.2327, the price tested the same level during December 22 and the level at $0.2353 - $0.2960 acted as a zone of RESISTANCE.
Time To Wait And Watch!!
DYOR
#ALGOUSDT #crypto #ALGORAND #marketpdates #thesoumyoroyanalysis