Similar to some other alts, algo is also in a ascending triangle pattern, and this is a neutral indication. Don't know yet where it will go, so we will wait for a confirmation. Some possible resistance and support zones have been highlighted
The market could get new liquidity from your local support area for a reverse trade
BARSTrading
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@plancton0618, Yeah I'm posting an updated chart with the support zone extended. This zone is actually an extension from sep-nov 2020, and it coincides with 0.382 fib level, which is a strong reversal zone