ALGOUSD TIGHT AND READY TO SNAP
This setup is pretty bullish, ascending triangle and tight price compression is usually a sign of volatility ahead. I have no price target for this thing, but I do expect a green lightsaber in the coming days.
My idea is invalid if we break below the triangle. Stop loss on this is very tight, place your bet at your own risk.
My idea is invalid if we break below the triangle. Stop loss on this is very tight, place your bet at your own risk.
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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.