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BigLava

ALGO update

Long
Algorand (COINBASE:ALGOUSD)  
BigLava  
COINBASE:ALGOUSD   Algorand
Trend Analysis Harmonic Patterns Chart Patterns algo aglousdt crypto Cryptocurrency cryptotrading altcoins altseason
10
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trendanalysis harmonicpatterns chartpattern algo aglousdt crypto cryptocurrency cryptotrading altcoins altseason
Algo has respected its major trend resistance for quite some time now.

We can see price get rejected at the 1.09 resistance cluster, which indicates a potential double top.

If the double top is out in play, we can expect to see a price retest to trend support possibly around ($1.40) price level.

Closure above resistance cluster would indicate a possible uptrend to test next resistance levels.

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