Good day there,
Algorand has the potential to go up to form a lower high near the 0.2920 areas and drop to the low regions of 0.2223 and make a bullish pullback.
The potential uptrend can reach 0.3838 to 0.4231 highs.
The current daily bear candle, however, isn't clear. I used the Elliot Wave schematic for potential future resistance levels.
Happy Trading,
K.
Algorand has the potential to go up to form a lower high near the 0.2920 areas and drop to the low regions of 0.2223 and make a bullish pullback.
The potential uptrend can reach 0.3838 to 0.4231 highs.
The current daily bear candle, however, isn't clear. I used the Elliot Wave schematic for potential future resistance levels.
Happy Trading,
K.
Note
Target Reached 1
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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.
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.