Heatrading

ALGO fake breakout

BINANCE:ALGOUSD   Algorand
ALGO has given a fake break out signal over the last days, as stated in my previous idea this was a possibility, since markets never gives you what you want straight away.

Plan doesn't change, I'm adjusting the possible timeline for ALGO to remain in it's triangle while BTC will be consolidating.

I would see anything at or under 1.65$ to be a big buy opportunity going into the end of the year.

No panic, let the market do what he wants.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.