CleoFinance

ALGOUSDT - Bear Flag

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BINANCE:ALGOUSDT   Algorand / TetherUS
ALGO is currently forming a bear flag on the daily chart following a sharp price decline, indicating a potential continuation of the downward trend.

The pattern is further supported by the downward trend in volume. Currently, the price is experiencing a brief consolidation phase.

Now let's monitor any breakouts below the lower trendline, and a breakout with a high volume would further confirm the validity of the breakout.
Trading ditutup: stop tercapai
Komentar:
Just a comment - trigger never happened, so there was no trade

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