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Technical analysis by Bazoosam about Symbol ALGO: Sell recommendation (7/14/2023)

https://sahmeto.com/message/2867788
Bazoosam
Bazoosam
Rank: 9058
1.6

ALGORAND H&S, 240m timeframe

Sell
Price at Publish Time:
$0.11863
Sell،Technical،Bazoosam

Hi, as we can see, the H&S neckline has been broken and is now retesting around the Fibonacci 0.618. Also RSI presence hidden bearish divergence. Further confirmations are expected at shorter timeframes. This is not investment advice :)

Source Message: TradingView
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