The higher timeframe structure of ALGO on the weekly chart is still bullish, but on the daily and hourly timeframes, the structure is bearish. Thatβs why we expect major players to enter ALGO at key support zones.
Currently, it is consuming orders within the demand zone, and it is expected to eventually reach the POI and then move toward the targets.
If strong buyers step in, the price could reach the red box.
A daily candle closing below the invalidation level would invalidate this analysis.
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#LDOUSDT analysis (2D) Before anything, pay attention to the timeframe; itβs a 2-day timeframe and requires patience. From the point where we placed the red arrow on the chart, it seems that the bullish LDO pattern, which was a triangle, has completed. LDOβ¦
After hitting the Supply zone without touching the invalidation level, it dropped more than 63%
We will publish updated analyses on LDO soon.
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After hitting the entry zone, it pumped over 30%
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Since the point where we placed the green arrow on the chart, this asset has started forming a symmetrical pattern.The pattern has generally been upward, although it eventually transitioned into a sideways movement.
We are currently in the final bullish wave of this pattern, known as wave I. The red zone marks an optimized supply area. if the price reaches this zone, it presents a potential Sell/Short opportunity.
A daily candle closing above the invalidation level will invalidate this analysis.
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Since the time of analysis, it has dropped over 40%
The bullish move is expected to continue until wave D completes.
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After a 37% drop
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Eventually, after touching the lower green box, heavy support kicked in, and the price has pumped more than 7% so far
We had optimized the range of the lower green box as much as possible, so this turned out to be a precise pinpoint.
By clicking on the previous analyses, you can view our serial analysis of TOTAL.
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We have a bullish structure on the chart, and an interchange zone in the upper areas has been cleared, but the price hasn't formed a new low. A trigger line and a flip zone have been broken.
We expect a move toward the targets from the demand box.
The closure of a 4-hour candle below the invalidation level will invalidate this analysis.
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β οΈ This is a risky meme coin with high volatility.
From the point where we placed the red arrow on the chart, the correction of ZEREBRO has started.
This correction appears to be a double structure, with the first part being a symmetrical pattern and the second part a diametric one. After the breakout of the resistance line of wave E, it seems that the price is aiming to complete wave F.
Once wave F is completed, the price will likely be rejected downward again, making that area a low-risk zone for re-entry.
Targets are marked on the chart.
The closure of a daily candle below the invalidation level will invalidate this analysis.
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The Bitcoin correction started right from where we placed the red arrow on the chart, and it appears the pattern is either a diametric or a symmetrical formation.
From the red circle, we expect another correction and drop toward the green zone. Once the price reaches the green zone, we anticipate a bullish move. perhaps even stronger this time!
A daily candle closing below the invalidation level will invalidate this outlook.
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