Technical analysis by realmadrid2015b15 about Symbol ALGO: Buy recommendation (8/8/2023)

Dear friends, Algorand has been in a downtrend for MANY MONTHS, it reached major support area of 0,09 cent. (ATTENTION, it still can FALL lower). Now Algorand seems to be establishing a BOTTOM.Bullish signs: Bullish divergence, volume increasing, major support zone, oversold territory.2 things can happen now: Algorand slowly increases. Or Algorand makes new low under 0,09 to take stop-losses and liqiudity and then starts an uptrend.ALGOUSDT ALGOUSD ALGOUSDTLong opened around 0,10. (attention: price can still fall below 0,09)Stop-loss: 0,065Take-profit targets: 0,12, 0,15, 0,18, 0,22Just a reminder: you need a lot of patience for Algorand. keep that in mind.TRADE IS STILL OPEN. ALgorand needs a lot of patience. But the uptrend will be strong and massive.This trade is going amazingggg. just like i predicten. i took profit at 0,20. trade closes already.Hi traders. I have reached my target perfectly with another correct prediction.