Here's a quick look at ALGO 4 hr chart. As we can see the price has been forming a bigger descending triangle for the past few weeks. The price is right now very close to the upper trend-line and we might see a breakout here. A pullback is also very likely as the RSI is overbought and the price is close to the upper trend-line.
The idea is: Buy the breakout from the triangle and sell at the targets presented in the chart. Targets: 1. 1.32 $ 2. 1.45 $ 3. 1.6 $ 4. 1.83 $
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BTC dictates the market. If BTC falls, then Alts will fall as well. BTC needs to get stable before alts can run. Trade safe!