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Dec 16, 2019 12:54 PM

ALGO/BTC H4 falling wedge  

Algorand / BitcoinBinance

Description

ALGO printing nice falling wedge, but price is under uptrend line, today was fakeout and retest this trendline after Binance team posted news:
"Binance Will Support the Upcoming Algorand (ALGO) Network Upgrade "
binance.com/en/support/articles/360037562032

If price will back above trendline again on high volume, propably price will go up again . Next resistance (if price will back above trendline) are 4k sat and 4400 sat.
Support: 3500-340 sats
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