#ALGO/USDT
Updated
#ALGO
The price is moving in a bearish channel pattern on the 4-hour frame and sticking to it well
The price rebounded well from the lower border of the channel at the green support level of 0.160
We have a tendency to stabilize above the Moving Average 100
We have oversold resistance on the RSI indicator to support the rise, with a downtrend about to break higher
Entry price 0.1700
The first goal is 0.1970
The second target is 0.2125
The third goal is 0.2338
The price is moving in a bearish channel pattern on the 4-hour frame and sticking to it well
The price rebounded well from the lower border of the channel at the green support level of 0.160
We have a tendency to stabilize above the Moving Average 100
We have oversold resistance on the RSI indicator to support the rise, with a downtrend about to break higher
Entry price 0.1700
The first goal is 0.1970
The second target is 0.2125
The third goal is 0.2338
Trade active
The first goal is 0.1970 Reached
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