New Technical analysis for [ Algorand ] #ALGO/BTC ┊ Rank: | Crypto2AF™ Signals

New Technical analysis for [ Algorand ]

#ALGO/BTC ┊ Rank: 39

ALGO Chart Tradingview Idea

We've detected a Falling Wedge pattern on the $ALGO / $BTC chart. This pattern is a bullish indication and could indicate a potential trend reversal. The next resistance key levels are at 0.00000826 | 0.000009 | 0.00001016 and the major support zones are respectively at 0.0000071 | 0.00000668 | 0.00000552, We may consider buying at the current price zone at 0.00000738 and targetting higher levels.

Technical Metrics Index Summary:
├Mrkt Price ⌁ 0.00000738 ₿
├├ P.Change: 24h[ -0.14%]
├├ 1-W[-10.79%] 30D[-21.83%]
├├ 90D[19.53%]
├24hVol: 18.171 ₿
├Osciltrs: BUY
├MAs: STRONG_SELL
┊
Market Sentiment Index:
├News: N/A
├Twitter: 0.60 - Bullish
├Reddit: 0.59 - Bullish

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