SHORT TERM TO MIDTERM OUTLOOK FOR ALGOBTC.
100 EMA IN THE DAILY CHART IS ACTING AS A RESISTANCE FOR ALGOBTC IN THIS TREND AND THE PRIOR DOWNTREND DUE TO BEAR MARKET.
IF 100 EMA IS FLIPPED AS SUPPORT, THEN 200 EMA IN 1D TF IS IN OUR SIGHT, WITH A POSSIBLE INVERSE HEAD AND SHOULDERS PATTERN.
NOT A FINANCIAL ADVICE THOUGH AS I AM A NEWBIE.
100 EMA IN THE DAILY CHART IS ACTING AS A RESISTANCE FOR ALGOBTC IN THIS TREND AND THE PRIOR DOWNTREND DUE TO BEAR MARKET.
IF 100 EMA IS FLIPPED AS SUPPORT, THEN 200 EMA IN 1D TF IS IN OUR SIGHT, WITH A POSSIBLE INVERSE HEAD AND SHOULDERS PATTERN.
NOT A FINANCIAL ADVICE THOUGH AS I AM A NEWBIE.