* Algorand in 4H time frame forms a falling wedge pattern, which is a trend continuation pattern.
* Here the price is consolidated between two trend-line slightly sloping downwards, the price is squeezed till it breaks the pattern.
* Algorand breaks the upper trend-line, if it continues to rally the TP1 = 0.8600, TP2 = 0.9000
* Here the price is consolidated between two trend-line slightly sloping downwards, the price is squeezed till it breaks the pattern.
* Algorand breaks the upper trend-line, if it continues to rally the TP1 = 0.8600, TP2 = 0.9000
Trade closed: target reached
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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.