Looks as if ALGO is retesting the 55ema for the 3rd week in a row.
This area of support is also an area of confluence with the trend-base fibo zero-line and the volumetric s/r line (white) as well.
Everything depends on BTC , but I think ALGO sees a healthy recovery, smashes ath and goes into price discovery mode. Hopefully before spring!



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.