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Technical analysis by Japon_Ev_Hanimi about Symbol ALGO: Buy recommendation (11/30/2024)

https://sahmeto.com/message/3016877
Japon_Ev_Hanimi
Japon_Ev_Hanimi
Rank: 25114
1.4

ALGO/USDT - double bottom - retest and long trade potential

Buy
Price at Publish Time:
$0.42351
Buy،Technical،Japon_Ev_Hanimi

I had planned to enter the trade with a strong breakout and then a retest. Such a strong breakout is a positive indicator for a long trade to be taken. Now it's time to wait for the price to reach the breakout area. If this trade is stopped, I can plan a second long trade from the fibbonacci 0.618 region of the last wave with the 2-618 formation.

Source Message: TradingView
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