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AlanSantana
Oct 12, 2020 12:17 PM

Algorand (ALGO) Activates Accumulation Zone (160%+) 

Algorand / BitcoinBinance

Description

Algorand (ALGOBTC) has now activated its strong support/accumulation zone... This can lead to another bullish wave.

Ever since the September 2019 low hit, each time the accumulation zone is activated we see a bullish wave for ALGOBTC.

Right now we have higher highs and higher lows, after the May low, and this level is activated again.

What this chart is telling us, is that Algorand (ALGOBTC) is almost ready and continue growing for long.

We remain strong bullish on this pair as long as prices continue trading above/or within the "support/accumulation zone".

Namaste.
Comments
dragansimic171111
Thanks.
AlanSantana
@dragansimic171111, My pleasure.
Poukitoun
lol
darpa
is it the time to the moon/
Abdullah314
thank you so much , can you please do TA on Vidt ? thanks again .
kalsaitrani
nice work sir
Pro_Trader_HTBB
Looks like most DeFi charts, pump and dump.
stevelaz
Finally you put one out. This is the one crypto I am watching going into next year. Invested heavily in low 30s.
AlanSantana
@stevelaz, What else are you looking at?
polskiboyy
@alanmasters, Im watching ADA, ALGO, and ERG.

Ergo is very under radar right now but it's the second generation of oracle data providers to help power decentralized data feeds for DEFI. Great project with EMURGO (Cardano entity) collaboration. #417 market cap rank right now but its made by the same founder for chainlink and has potential.
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