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Technical analysis by MetaShackle about Symbol ALGO: Sell recommendation (10/5/2024)

https://sahmeto.com/message/2878210
MetaShackle
MetaShackle
Rank: 3719
1.9
Sell،Technical،MetaShackle

The crypto markets as a whole have taken quite a beating in the past week but appear to be getting close to forming a bottom. ALGO is showing signs that a rejection off the FVG (Fair Value Gap) currently presenting above the current price on the daily chart could signal a further 15% to 16% drop in the coming weeks.Good luck, and always use a stop-loss!

Translated from: English
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Signal Type: Sell
Time Frame:
1 day
Price at Publish Time:
$0.12465
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