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We don't need to draw a lot of lines on a charts. Here is weekly timeframe and everything what you should know about Algorand price action for 2023
Possible Targets and explanation idea
➡️Weekly chart. Based on Take profit indicator we traded long time period under fundamental price.
➡️Its a Fib trend extension not a retracement. By this fib from the top we came in exactly to 0.618 lvl
➡️First block its a Monthly gap. Second block its a weekly gap which we most likely come to trade
➡️Take profit line now at 1.13 and exit line over than 0 level 1.27
➡️Most likely we can see at least move to 0.23 level by fib then retest buy line and take profit line before 2024/2025 bull run
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
---
• Look at my ideas about interesting altcoins in the related section down below ↓
• For more ideas please hit "Like" and "Follow"!
Thank you.
We don't need to draw a lot of lines on a charts. Here is weekly timeframe and everything what you should know about Algorand price action for 2023
Possible Targets and explanation idea
➡️Weekly chart. Based on Take profit indicator we traded long time period under fundamental price.
➡️Its a Fib trend extension not a retracement. By this fib from the top we came in exactly to 0.618 lvl
➡️First block its a Monthly gap. Second block its a weekly gap which we most likely come to trade
➡️Take profit line now at 1.13 and exit line over than 0 level 1.27
➡️Most likely we can see at least move to 0.23 level by fib then retest buy line and take profit line before 2024/2025 bull run
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
---
• Look at my ideas about interesting altcoins in the related section down below ↓
• For more ideas please hit "Like" and "Follow"!
Trade attivo
1st fvg done. waiting next one 
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✅ Youtube- youtube.com/crypto4light
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✅ Youtube- youtube.com/crypto4light
🐦 X - x.com/vladi4light
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
🔸 Join in free tg channel - t.me/crypto4light
✅ Youtube- youtube.com/crypto4light
🐦 X - x.com/vladi4light
✅ Youtube- youtube.com/crypto4light
🐦 X - x.com/vladi4light
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.