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ALGO daily time frame cryptocurrency analysis (logarithmic chart)
In the daily time frame, we see the candle closing above the red trend line, and the price has also reacted to its static support area of $0.31.
If the price stabilizes above the support area of $0.31, it will have the ability to realize the targets of $0.345, $0.36 and the resistance area of $0.38 (mid-term).
Otherwise, with the loss of the static support area of $0.31, we expect the price to hit the red trend line and also react to the green area of $0.27 daily.
Arztoday Team 🌹
ALGO daily time frame cryptocurrency analysis (logarithmic chart)
In the daily time frame, we see the candle closing above the red trend line, and the price has also reacted to its static support area of $0.31.
If the price stabilizes above the support area of $0.31, it will have the ability to realize the targets of $0.345, $0.36 and the resistance area of $0.38 (mid-term).
Otherwise, with the loss of the static support area of $0.31, we expect the price to hit the red trend line and also react to the green area of $0.27 daily.
Arztoday Team 🌹
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
