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Ryecatcher

Algo forming a cup & handle??

Algorand (KRAKEN:ALGOUSD)  
Ryecatcher  
KRAKEN:ALGOUSD   Algorand
Trend Analysis Trend Lines Chart Patterns
8
2
trendanalysis trendline chartpattern
Algo seems to be forming a cup and handle pattern on the daily time frame. Continuation pattern.

This could take some days to play out but patience is key.

A breakout could give us around a 200% move.

Perfect buying opportunity will be the $0.50 area where I will be looking to accumulate.

Stay safe trading.
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