ALLO / TetherUS
Long
업데이트됨

Allora —Up 300%

824
My analysis is ruined because the thing moved too much too fast, the chart changed too much.

Alright. ALLOUSDT.

The bottom 6-February produced a strong recovery. There is no volume.

After lots of sideways, we see a stop-loss hunt event followed by a major rise. The major rise is coupled with the highest volume ever. Total growth goes beyond 300% in the past 3 days.

This is another project that rather than breaking down is breaking up.

I saw many projects moving lower, a very shy lower low. The continuation of the consolidation period at bottom prices with a downward bent. We can be sure these projects have been expanding their token supply and thus we continue to see lower prices, but never a new bearish impulse, never a new major low.

When a breakout happens, it is always as shown on this chart. 100%, 200% or even 300% up in a matter of days. This is what reveals a broader hidden bullish bias across the market.

When the retrace is over, we will have a bullish resumption.

Thank you for reading.

Namaste.
액티브 트레이드
Bullish continuation and higher high shows positive coming to the market.

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