TradeWize · free chart read

ALGO is pulling back inside a bull flag with no clear trend under a weekly downtrend. The pullback is on heavier than normal volume. $0.08208 ends the flag, $0.09502 resumes the rise.

ALGO-USD · DAILY · read on 2026-09-04 · Still forming.

What the read found

Trend: a series of higher highs and higher lows over the window, 3 steps across 30 bars — and that run is OVER: price closed below the last higher low 7 bars ago. Do not describe it as a trend that is still running.
Formation: bull flag — Still forming.
Decides above: $0.09502 (the bull flag)
Decides below: $0.08208 (the bull flag)
Resistance: $0.11598
Support: $0.07629
Level history: The last two times price reached $0.11598 it held every time, bouncing 25% on average.
Level history: The last two times price reached $0.07629 it held every time, bouncing 29% on average.

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Every figure on this page was computed from the real candles up to 2026-09-04. This is a description of a chart, not advice, a signal or a forecast. Disclaimer · What a read returns