leopisbig

Algo is still in accumulation phase

Long
leopisbig Updated   
BINANCE:ALGOUSD   Algorand
It has been since October 2019, #Algo is in accumulation mode and it is now testing the upper level of its range.

I think there are 2 possibilities:

a) Successfully passes above the resistance, retest and continue
b) Failures and continue to accumulation.

In the end, after the accumulation, there is a big upside potential for #Algo.
Comment:
On course. I still expect further correction through 0.2

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.