Technical analysis by observingthetrade about Symbol ALGO: Buy recommendation (11/11/2023)
https://sahmeto.com/message/555616
observingthetrade
Rank: 6752
Analytical Power:
1.5

Potential For Exponential Growth In Near Future Algorand could make a bullish reversal on the daily chart continuing the rally thats been happening. Price has been very suppressed on this project if you look at the larger timeframes. The boom/bust symmetry is there and there is now potential for exponential growth! The coins ATH is $3.15 or 23x the current price. The Weekly & Monthly chart are showing strength in multiple indicators. If the .14c area can be confirmed as support I believe we could see a real pump in this altcoin. Need a strong close on the weekly candle above 13 cents. TV please don't delete my post! This chart has the potential to age very well! Don't sleep on Algo!
Translated from: English
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Signal Type: Buy
Time Frame:
1 dayPrice at Publish Time:
$0.13572