🚨⚠️ALERT #MyFamily
1. $FLUX :
It appears that $FLUX is currently showing weakness, approaching a critical support level at $0.38. This suggests a bearish sentiment in the market.
Keep an eye on this level, as a decisive break below it could lead to further downside.
2. ($ALGO ):
Algorand has been consolidating in an ascending triangle pattern, which is typically a bullish sign.
The crucial level to watch is $1.18. If Algorand can close decisively above this level, it might kickstart a 30% bull rally, targeting $1.54.
However, if Algorand fails to break above $1.18, there's a possibility of a 10% sell-off toward the triangle's hypotenuse at $1.05. A close below this point could invalidate the bullish thesis and trigger a 30% crash to around $0.73.
3. Bitcoin (BTC/USDT):
While not directly mentioned in your initial message, it's essential to consider Bitcoin's overall market sentiment. Bitcoin often influences altcoins like Algorand.
Bitcoin cycles play a significant role in the crypto market. Understanding Bitcoin's position in its cycle can provide insights into the broader market trends.
Remember to stay informed about market news, monitor price movements, and practice risk management. As always, past performance is not indicative of future results. Happy trading! 🚀📈#FLUX_UPDATE #Write2Earn! #MarketDownturn