Hello, traders.
ALGORAND is showing us that the bullish momentum is close to ending. The indicators showing an overbought on the asset, I am not saying that the price will start to dump, but a correction would be healthy or some accumulation to cool the indicators. We are also next to an important resistance level.
The target is at least the moving average of the Bollinger Bands.
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ALGORAND is showing us that the bullish momentum is close to ending. The indicators showing an overbought on the asset, I am not saying that the price will start to dump, but a correction would be healthy or some accumulation to cool the indicators. We are also next to an important resistance level.
The target is at least the moving average of the Bollinger Bands.
Push the like button and follow us on TradingView.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.