$ALGO/#BTC [#Algorand]: BBand_Breakout

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 0.00001192 | 0.00001262 | 0.00001425 and the major support zones are respectively at 0.00001029 | 0.00000936 | 0.00000773. We may consider buying at the current price zone 0.0000119 and targetting higher levels.

Technical Metrics:
Current price: 0.0000119
24H Volume: 36.9450 Ƀ
24H Price change: 5.872%

- Pivot Points - Levels:
Resistance: 0.00001192 | 0.00001262 | 0.00001425
Support: 0.00001029 | 0.00000936 | 0.00000773

Indicators recommandation:
Oscillators: NEUTRAL
Moving Averages: STRONG_BUY

Technical Indicators Summary: BUY

- In-depth ALGOBTC technical analysis on > Tradingview TA page

Trade active:

#ALGO/BTC Take-Profit target 3 ✅
Profit: 5.3501% 📈
Period: 8 Minutes ⏰