Look Who It Is!
Friends always ask me: Danial, why do you choose a weekly time frame in your analysis? I say it's correctness for the trend analysis.
After all, In this job, Nothing is certain.
As you can see on the indicator, the price passes the trendline and back again below the trend. (fake out is shown by a blue circle).
Besides, a divergence shows up on the daily and weekly timeframe.
In my analysis, the price will range in the green zone for a few days or go down straight and touch the red line. (I'm bullish on Algo but at BTC pair).
Please like and remark it makes progress in my work and prepares faultless analyses for your dear ones.
ALGOUSDT
BTCUSDT
Friends always ask me: Danial, why do you choose a weekly time frame in your analysis? I say it's correctness for the trend analysis.
After all, In this job, Nothing is certain.
As you can see on the indicator, the price passes the trendline and back again below the trend. (fake out is shown by a blue circle).
Besides, a divergence shows up on the daily and weekly timeframe.
In my analysis, the price will range in the green zone for a few days or go down straight and touch the red line. (I'm bullish on Algo but at BTC pair).
Please like and remark it makes progress in my work and prepares faultless analyses for your dear ones.
ALGOUSDT
BTCUSDT