BINANCE:ALGOBTC has found support on the 0.5 Fib line and a rising trend line on the logarithmic scale. In this chart, I argue why these two signals are not strong enough and conclude that we should wait longer for a trade setup to emerge.
I hope you learn something from this video and if you like it, then please leave a like. If you have questions, then please leave a comment. Thank you.
Comment
⋅
This is weaker than I expected. Until now, we don't see signs of reversal.