ALGOUSDT.P — Long-Term SetupPrice is attempting a bullish reversal after an extended bearish trend.
Key levels to watch:
$0.1356–$0.1365 — Neckline breakout
$0.15–$0.18 — Intermediate targets
$0.20 — Major milestone
$0.2316–$0.24 — Long-term bullish target
The Adam & Eve pattern is promising, but confirmation is key. A daily breakout followed by a successful retest could strengthen the bullish case.
Until the weekly structure turns bullish, this remains a potential reversal — not a confirmed trend change.
Watching the neckline. Patience over prediction.
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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.