Algorand (ALGO) - September 4

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(ALGOUSDT 1W Chart)
The 0.3310 point is an important support and resistance point, and whether we can move higher than 0.3310 is crucial.



(1D chart)
It is mixed, so you need to be careful with your trade.

Therefore, it is necessary to confirm whether it can be supported by rising above the 0.3310 point.


- In order to continue the upward trend from the current position, it must rise above 0.3601.


- For those who are investing in ALGO, we recommend that you take the time to trade to increase the number of coins (tokens) you have.

From a mid- to long-term perspective (at least 6 months to 1 year or more), a large uptrend is expected.

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** All descriptions are for reference only and do not guarantee a profit or loss in investment.

** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.

** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.

** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)

(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)

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