ALGO looks decent here. It flipped the 4 hour 200 MA from resistance to support, which is often a nice entry on altcoins. What I am watching now is for a potential double bottom to confirm, which would require a clear break of the blue line. The target is shown based on the depth of the potential double bottom. So at this point, I want to see the blue line as support.
scott.melker@texaswestcapital.com