Algorand (ALGO) - October 18

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(ALGOUSDT 1W Chart)

The key is whether it can rise above the 0.3310-0.4253 section.


(1D chart)
The key is whether it can be supported by rising above the 0.3310-0.3425 section.

In order to continue the uptrend, it must rise above the 0.3722-0.3938 section.


If it goes down, you should check to see if it finds support at the 0.2865-0.3091 zone.


The 0.3310 point or lower is most likely a mid- to long-term investment area.

Therefore, it is important to keep the price above 0.3310.

However, since the volume profile section is formed around 0.4253, it is recommended to trade from a short-term perspective until it rises above 0.4253.

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** All descriptions are for reference only and do not guarantee a profit or loss in investment.

** If you share this chart, you can use the indicators normally.

** The MRHAB-T indicator contains indicators that indicate support and resistance points.

** HA SRRC indicators are expressed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).

(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)

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(ALGOBTC 1W chart)

The key is whether it can be supported by rising to the 0.0000 1970 ~ 0.0000 2452 section.