+65% Expected soon (ALGO)

ALGO MARKET_MINDS BULLISH

ALGO Mid-term


Scenario : 

 

We expect a further trading range with an upside swing to 0,45 (+65%) - only the upper part of the range at 0,45 would lower a pursuit of the bearish trend opening 0,84

 

 

Key Elements:
 

  • - The long-term trend analysis show potential towards 0,84 as long as 0.1030 Strategic support remains valid
  •  
  • - The mid-term element as Mobile average and RSI are confirming range configuration
  •  
  • - ALGO/ETH chart also shows a range for the time being with no specific relative performance (neutral)
image.png

 

 

Trade Idea :  Buy - Conviction : :médaille::médaille:(Medium)

  •  
  • - Target 2: 0,84
  •  
  • - Target 1: 0,45 (65%)
  •  
  • - Intermediate resistance for short-term players at 0,35
  •  
  • - Buy: Now
  •  
  • - Stop: 0,21

 

 

Disclaimer: 

 

The information contained in this site is for educational purposes only to help you make the best decisions and does not constitute investment or financial advice. Please do your own research before making any investment decisions. None of the information contained in this site constitutes, nor should it be construed as, a suggestion, offer or other solicitation to engage in or refrain from engaging in any purchase, sale or other investment related activity. Cryptocurrency investments are volatile and high risk in nature. Don't invest more than what you can afford to lose.

 


 

 

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