HeironymusFox

ALGO with 15% near term upside

Long
KRAKEN:ALGOUSD   Algorand
Bulls broke out from Multi month base/consolidation surging off the long term POC at 0.21 area with MACD and STOCH signaling on daily chart. Price To test next resistance at .26 area and if closes above has lots of room to grow up to .29 area. This alt has yet to recover as much percentage-wise since March lows as similar currencies, I think it has room to run up in the current rally.
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.