ALGOUSDT is printing the inverse head and shoulders reversal pattern on the weekly timeframe.
RSI is printing a bullish divergence signal.
Buy entry ⬆️ - breakout above the neckline resistance.
Targets 🎯 - horizontal resistance levels.
Setup invalidation ❌ - breakdown below the inverse shoulders support level.
RSI is printing a bullish divergence signal.
Buy entry ⬆️ - breakout above the neckline resistance.
Targets 🎯 - horizontal resistance levels.
Setup invalidation ❌ - breakdown below the inverse shoulders support level.
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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.