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FOMORON
Jun 23, 2021 9:45 AM

Algo is very consistent Long

Algorand / United States DollarCoinbase

Description

Over the last 5 months algorand has been following this bottom pattern. The local lows are all 30 days apart from each other, except one which is 29 days.. Yesterday was the 30 day bottom, so we can conclude that, if the trend continues, 30 days from now is the next new bottom.

Additionally, from local bottom to local top, all 4 cycles have increased over 65%. I'm going to put my money on algo repeating the cycle yet again. Even if it is a lower high, it is possible to reach 1.26 in the next 3 weeks.

DYOR, NFA.
Comments
Leederacola
Good catch on the 30 day cycle!
Condiments
Good analysis bro. Haven't thought of the 30 day thing. Solid work
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