BINANCE:ALGOUSD   Algorand / US Dollar (calculated by TradingView)
algo looks to be a failing to break the .50 fib upward, and holding the downward trend line short term. Stuck between resistance above, and a massive amount of support below, a test downward is only logical from here. A Big Head and shoulders looks to drive continued capitulation, and force a test of the monthly support line . I expect a bounce back up from there, with another long fight to get back its lost ground. Short target $.23-$.215, long from there. Thanks for looking!


is this pattern still holding up or invalidated?
klaye060502 ttran123
@ttran123, price action being what it is, yes still valid. I can't control every candle. It hit my first target, I bought there for a scalp. I dont think btc is done bleeding, and I see more down ahead across the board. Not financial advice*
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