Technical analysis by TradePolitics about Symbol ALGO: Buy recommendation (12/11/2024)

Key Indicators On Trade Set Up In General1. Push Set Up2. Range Set up3. Break & Retest Set UpNotes On Session# Algorand / USD- Double Formation* 0.1650 USD Support Area | Break Out | Subdivision 1* 012345 | Wave 3)) Ongoing- Triple Formation* Pennant Structure At 0.3110 USD | Subdivision 2* Neckline | Bottom Structure At 0.5000 USD | Subdivision 3* Trend, Behaviour & EntryActive Sessions On Relevant Range & Elemented Probabilities;London(Upwards) - NYC(Downwards)Conclusion | Trade Plan Execution & Risk Management On Demand;Overall Consensus | Buy