BARSTrading

ALGO Descending Triangle

BARSTrading 已更新   
BINANCE:ALGOUSDT   Algorand / TetherUS
This is a Neutral pattern. This indicates that the price hasn't set any strong indication of moving up or down. We don't know until it breaks out of the triangle.
I have drawn it very clearly on the chart for you to follow along.

In my opinion, this is not a time to open any positions. It is time to wait and observe. If it rises above the triangle, and forms a very nice Continuation pattern, then I will post a long chart. For now, we remain neutral.
評論:
Hitting the top, let's see what happens
交易進行:
long open now
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