Algorand is looking sweet, trading just below the local resistance zone, trying to breakout from it.
We are looking for any signs of weakness to kick in near this zone in order to take a potential trade towards the support line in the lower zones!
Swallow Team
We are looking for any signs of weakness to kick in near this zone in order to take a potential trade towards the support line in the lower zones!
Swallow Team
Note
Algorand has been trying to break from the local resistance zone, where each candle opening and closing price is just at the resistance zone.
This kind of movement from candles reminds us of "calming before the storm.".
As soon as we see any signs of a weak candle, we will be looking for it!
🚨 Authentic Traders
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
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.
🚨 Authentic Traders
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
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.