Macro Bull Analysis: Fractals March 6, June 3rd, July 16
Daily TREND: Bullish, Price Action: Bullish Position Action: HODL
Macro analysis based on assumption of macro bullish channel for ALGO.
As we can see, it fits fairly well in with accumulation zone of fire sale of Algo in lower areas of the channel.
As you can clearly see, ALGO just broke out from the accumulation zone, and is beginning an actually bull run to reach its previous ATH of 3.78 or so.
This also means, that the value of ALGO was higher before it hit the exchanges. Thus, i am very certain and would not be surprised at all if ALGO hits $8-$10 this year.
However, we need to perceive correction legs and shapes to determine the kind of bull run are we having. For this will use hourly charts for better accuracty.
____FRACTAL_DATES____
March 6, Jun 3rd, July 16, Sep 15 | May 3' 2022, Jun 6' 2022
It is possible we have 2 weeks left into the rally, and March 6 will be a start of correction. Then recovery in early Jun. Lets see how it plays out. HODL days are next year summer.
PS: More Technical Analysis will published, returning to the scenes of Fractal Art!
Report is still delayed, but if you read my reports before, you know where i stood on all of this!
**LEGENDS**
BLUE = Bear/Resistance || Yellow = Bull/ Support
Lines: Fractal dates are moments of interest, where price and time collide to create oscillation.
the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
Feel free to request: your coin to be analyzed! Please keep those Stop losses in place or mind!
Thank you, and stay strong my fellow CryptoPunks!
Future belongs to the brave, and crypto is the future.
_Ajion
Macro analysis based on assumption of macro bullish channel for ALGO.
As we can see, it fits fairly well in with accumulation zone of fire sale of Algo in lower areas of the channel.
As you can clearly see, ALGO just broke out from the accumulation zone, and is beginning an actually bull run to reach its previous ATH of 3.78 or so.
This also means, that the value of ALGO was higher before it hit the exchanges. Thus, i am very certain and would not be surprised at all if ALGO hits $8-$10 this year.
However, we need to perceive correction legs and shapes to determine the kind of bull run are we having. For this will use hourly charts for better accuracty.
____FRACTAL_DATES____
March 6, Jun 3rd, July 16, Sep 15 | May 3' 2022, Jun 6' 2022
It is possible we have 2 weeks left into the rally, and March 6 will be a start of correction. Then recovery in early Jun. Lets see how it plays out. HODL days are next year summer.
PS: More Technical Analysis will published, returning to the scenes of Fractal Art!
Report is still delayed, but if you read my reports before, you know where i stood on all of this!
**LEGENDS**
BLUE = Bear/Resistance || Yellow = Bull/ Support
Lines: Fractal dates are moments of interest, where price and time collide to create oscillation.
the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
Feel free to request: your coin to be analyzed! Please keep those Stop losses in place or mind!
Thank you, and stay strong my fellow CryptoPunks!
Future belongs to the brave, and crypto is the future.
_Ajion
Thank you for your support in my efforts to better understand: financial chart behavior and Fractal Universe.
twitter.com/Puniks_
twitter.com/NexusWars_
ajion.org
twitter.com/Puniks_
twitter.com/NexusWars_
ajion.org
