Algorand / TetherUSāļāļĩāđāļāļąāļāđāļāļ: ALGO Bearish Flag ðĐ?ðĐ?ðĐ?ðĐ
Hi dear traders
As you saw in previous analysis we take profit ð.
The price has formed a bearish flag.
If it loses the 0.26 support on the daily time frame, I expect the price to drop down to the 0.2444 and 0.2306 area.
Wait for a pullback to the 0.271 area to enter.
This area should be tested as resistance and the pattern confirmed.
Waiting â for confirmation.
Let's see what happens
This is not financial advice ( DYOR )
Good luck
As you saw in previous analysis we take profit ð.
The price has formed a bearish flag.
If it loses the 0.26 support on the daily time frame, I expect the price to drop down to the 0.2444 and 0.2306 area.
Wait for a pullback to the 0.271 area to enter.
This area should be tested as resistance and the pattern confirmed.
Waiting â for confirmation.
Let's see what happens
This is not financial advice ( DYOR )
Good luck
āļāļąāļāļāļķāļ
Price loses the 0.26 support area. We can open short position now or wait for pullback completed to entery.
ðŊ0.25
ðŊ0.2444
ðŊ0.24
ðŊ0.2345
ðŊ0.2306
Stoploos above 0.28
āļāļąāļāļāļķāļ
In LTF we can see bullish divergence, so it's better wait for pullback completed.āļāļąāļāļāļķāļ
Tp1 hit ðŊāļāļąāļāļāļķāļ
Tp2 hit ðŊāļāļąāļāļāļķāļ
Tp3 hit ðŊāļāļąāļāļāļķāļ
Tp4 hit ðŊāļāļąāļāļāļķāļ
Tp5 hit ðŊāļāļīāļāļāļēāļĢāđāļāļĢāļ: āļāļķāļāđāļāđāļēāļŦāļĄāļēāļĒāļāļēāļĢāļāļģāļāļģāđāļĢ
Full Target Good luck ðĪ
āļāļģāļāļģāļāļąāļāļŠāļīāļāļāļīāđāļāļ§āļēāļĄāļĢāļąāļāļāļīāļāļāļāļ
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