Chibuike_Odoh

ALGOUSDT (ALGORAND) - POSSIBLE PRICE ACTIONS

BINANCE:ALGOUSDT   Algorand / TetherUS
ANALYSIS 🔎
- ALGOUSDT is consolidating in a symmetrical triangle pattern .
- A relatively big move is imminent.

POSSIBLE PRICE ACTIONS
- Uptrend ⬆️: breakout above the symmetrical triangle's inclined resistance.
- Downtrend ⬇️: breakdown below the symmetrical triangle's inclined support.

TARGETS 🎯
- Uptrend ⬆️: Horizontal resistance levels (R1, R2, R3).
- Downtrend ⬇️: Horizontal support levels (S1, S2).

Comments

Would you have entered this on the break or would you have waited for a retest?
+2 Reply
Chibuike_Odoh Wicktator
@Wicktator most probably on the break
+2 Reply
Wicktator Chibuike_Odoh
@Chibuike_Odoh, that S2 bounce!! 🔥
+2 Reply
Chibuike_Odoh Wicktator
@Wicktator 💸💸💸
Reply
👍
+1 Reply
Chibuike_Odoh PriceActionAnalyses
@PriceActionAnalyses thanks mate
+1 Reply
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