ChArtWorks_TechnicalArts

ALGO Potential Bullish Cypher

Long
BINANCE:ALGOUSDT   Algorand / TetherUS
I have had this plotted for a while now, but it is time I post it as we are getting closer and closer to the PCZ of the potential Bullish Cypher. Now, I would like to state that you are already bullishly diverging on the MacD but not confirmed on the RSI yet. So it is possible we won't make it to the pcz. But if you want to be patient and take an entry at the safest possible position. I recommend waiting until we hit that .786 at around 18.57 cents (USD) or 0.1857. Risk/Reward Ratio is at least a 3:1. About a 11% loss to a 43-48% gain.

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Same concept, mid term trend
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