TraderThierry

ALGO-USD formed BULLISH TWEEZER PATTERN

Long
COINBASE:ALGOEUR   Algorand / Euro
The bullish tweezer pattern is a pattern where two candles form an identical size and shape. As you can see, this has formed on the one day candlestick chart. This gives a strong insight of a bullish sentiment in the ALGO market in the coming days.
I do not recommend ALGO at the moment since I find it slightly overpriced. On the other hand, the company has provided amazing projects with sustainable energy projects, which allows for huge growth in the coin’s price in the future.

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