ALGO Completes Bullish Harmonic Pattern
ALGO is currently testing a strong support zone that has held steady for about two weeks. From the chart, we can observe that ALGO has repeatedly tested the 0.2600 price zone and successfully bounced back each time.
It appears that market participants are determined to prevent the price from falling further. Today, ALGO completed a bullish harmonic pattern, adding more strength to the expected bullish movement from this zone.
Key resistance areas are identified near 0.2870, 0.2970, and 0.3060.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
ALGO is currently testing a strong support zone that has held steady for about two weeks. From the chart, we can observe that ALGO has repeatedly tested the 0.2600 price zone and successfully bounced back each time.
It appears that market participants are determined to prevent the price from falling further. Today, ALGO completed a bullish harmonic pattern, adding more strength to the expected bullish movement from this zone.
Key resistance areas are identified near 0.2870, 0.2970, and 0.3060.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
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✅MY FREE Signals Channel
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.