Algorand is showing a large bull flag pattern, with a deadline around 09-20 to 09-21 with a price target around $2.60-$2.75.
*my other related ideas regarding Algorand are linked below (alternative chart patterns.)
*my other related ideas regarding Algorand are linked below (alternative chart patterns.)
הערה:
Algorand has hit it's "floor" at $1.50, which was a previous price marker, and has seen a healthy recovery since the dip. Algo is now seeing higher lows, with a possible touch to $1.70-$1.65 before it continues moving up.
I would expect some sideways trading between the pricing $1.90-$1.80. Resistance at $2.00 and $2. 40 .
I would expect some sideways trading between the pricing $1.90-$1.80. Resistance at $2.00 and $2. 40 .
Algorand is forming a large Bull Flag Pattern, with a double bottom (possible triple-bottom if it drops once more.)