ALGO/USDT Main trend. Cycles. 07 2023

מעודכן
Logarithm. Time frame 1 week. Main trend.

Linear for clarity..

תמונת-בזק

Previous closed learning/work idea on this asset. Published 09 2022

ALGO/USD Major trend. Accumulation/distribution
ALGO/USD Основной тренд. Накопление/распределение.



Local trend and this reversal zone is shown in the main trend now.

תמונת-בזק

Price recovery from the recent squeeze. Consolidation and formation of triangle formation. High probability of reversal. First local targets shown.
הערה
תמונת-בזק Locally now. Recovery of the price after the recent compression. Consolidation and triangle formation.

High probability of reversal 🟢. First local targets are shown.

🔴 If stops on BTC are placed under the trend line and the whole market is falling locally - the triangle is broken down, the price first falls to the previous low, then (probability) to the lower zone of the descending channel.
הערה
ALGO/USDT Secondary trend. Wedge is a trend. 11 2023
הערה
ALGO/USDT Local trend. Wedge breakout zone. 5 11 2023
הערה
תמונת-בזק after the reversal, there is such fractality in trend development, only on a smaller scale (time is different).
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