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To turn into an uptrend

BINANCE:ALGOUSDT   Algorand / TetherUS
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(ALGOBTC 1W chart)
There is no power of ascension itself.

So, after March 13th, we need to see if it can rise above the downtrend line and rise above 0.0000 1448.

In order to dissipate the rising power, it must rise above 0.0000 1970 ~ 0.0000 2886.

Therefore, it is expected that the price should be maintained above 0.0000 1448 to start gaining momentum.

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(ALGOUSDT 1D chart)
It is showing a move to break out of the mid- to long-term downtrend.

However, in order to turn into an uptrend, the price must be maintained above 0.3091-0.3557.

If it fails to do so and falls below the downtrend line, be cautious as there is a possibility of renewing lows.

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

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

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

** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at (www.tradingview.com/...shi-MS-Signal-HA-MS/).

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

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www.tradingview.com/x/S94aDxa8

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