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RickSmash
Feb 15, 2021 9:29 PM

Definitely waiting on ALGO 

Algorand / U. S. DollarKraken

Description

I actually think this is one of the best long term plays in altcoins right now, but theres plenty of time to wait and see what this thing is going to do.

If it finds support on those lines, maybe it can keep pumping but I don't see a reason to buy in at this second. That could change by tomorrow.

I'm actually not seeing much technical strength anywhere in crypto or in stocks (the ones I'm looking at) in the moment.

Everything looks neutral at best.

Comment

So far so good! It's happening faster than the drawing so it's looking more like a mid march rally. I'm happy with DCA at this point. Time to watch for it to break up or down at the intersection of trend and resistance.
Comments
TheSignalyst
Nice analysis Rick
RickSmash
@TheSignalyst, Appreciate it!
abel11
Wonderful analysis! I like this setup.
Jasonwnyc1
Solid thank you 👌
RickSmash
@Jasonwnyc1, You're welcome! Let's keep an eye on this one for an early breakout. I think this one has a solid rally coming this year.
Jasonwnyc1
@RickSmash, Yes indeed. Sounds good to me!
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