Crypto2AF

$ALGO/#BTC [#Algorand]: BBand_Breakout

BINANCE:ALGOBTC   Algorand / Bitcoin
◳◱ Hey traders, we've identified a Bollinger Band breakout on the $ALGO / $BTC chart. The price has moved outside of the upper Bollinger Band, which can indicate a potential bullish trend. The next resistance key levels are at 0.00001206 | 0.00001266 | 0.00001393 and the major support zones are respectively at 0.00001079 | 0.00001012 | 0.00000885. We may consider buying at the current price zone 0.00001154 and targetting higher levels.

◰◲ Technical Metrics:
▣ Mrkt Price: 0.00001154 ₿
▣ 24HVol: 54.442 ₿
▣ 24hChng: 0.874%

◲◰ Pivot Points - Levels:
◥ Resistance: 0.00001206 | 0.00001266 | 0.00001393
◢ Support: 0.00001079 | 0.00001012 | 0.00000885

◱◳ Indicators recommendation:
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY

◰◲ Technical Indicators Summary: BUY

◳◰ Market Sentiment Index:
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.53 - Bullish
▣ Reddit sentiment score is 0.38 - Bearish

▣ In-depth ALGOBTC technical analysis on Tradingview TA page


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