ALGO - Critical Times!

Hello everyone, if you like the idea, do not forget to support with a like and follow.

After breaking the orange resistance, ALGO has been stuck inside a range in the shape of a symmetrical triangle highlighted in purple.

For the bulls to take over, we need to see a break above the upper bound 2.13 marked in blue.

In this case, a bullish trend continuation would be expected till 3.0

In parallel, for the bears to take over, we need a break below the lower bound 1.55 marked in red.

In this case, a bearish reversal would be expected till around 1.0 where we will be looking for buy setups.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

TheSignalyst

📊I help you turn charts into a career
theSignalyst.com

Telegram
t.me/thesignalyst

Trusted Crypto Exchange
cutt.ly/qtwKuPaJ

Trusted CFD Broker
cutt.ly/TickmillReal

Trusted Crypto Prop Firm
cutt.ly/Hyrotrader

免责声明

这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。

TheSignalyst