Thierry88

ALGOUSD - Bearish Continuation Pattern or Bottoming Pattern?

Short
BINANCE:ALGOUSD   Algorand
Algorand looking as if it is building one massive broadening triangle which could go into both direction when hitting the bottom.

Looks very bearish at the moment. Also built a H&S in shorter time frames. Good luck with that one!

Happy Trading!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.