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The Art Of Crypto analyzes Algorand's chart and spots a liquidity sweep in an uptrend. It's a level two setup now, not yet level three, but could become one next week. A high-quality trade is still possible this week if the low gets swept.
The Art Of Crypto analyzes Algorand's chart and spots a liquidity sweep in an uptrend. It's a level two setup now, not yet level three, but could become one next week. A high-quality trade is still possible this week if the low gets swept.
Algorand also Level two, because we have this liquidity sweep right here in an overall uptrend that we're looking for. If this happens, there is still a couple of other confirmations needed in order to confirm that we are indeed bullish. Because once you sweep this low, depending on how low you go, you may form relatively equal lows. That's why this is not a level 3. Directional bias wise it's pretty clear, but I think next week this will be a Level three. Don't get me wrong, you can still find a very high quality trade this week on Algorand. It's just compared to the other charts that we've seen so far, this does not make it a level three.
