ALGO/BTC -Since the retest of 200D MA last July 14 -The price has pump 60% before coming back to the average -ALGO is currently reacting to the Key support area -If we can see more rejections from strong support zone -There is a high chance this will be its temporary bottom -And eventually, continue higher and break the recent top at 4300 sat -Aggressive Buyers...
ALGO tech is on par with Tezos and is in infancy stages. Created by MIT minds. It has drawn down majorly in the bear market and has upside potential as a real player in Defi and STO markets. It has acceptance already with local EU governments and is primed for a major continuation move.
ALGO/BTC -after some good news about this coin -the price rallied over 40% high today -currently, the candle is painting a temporary top -I have highlighted the chart where potential good pullback entries -if ALGO will continue higher, watch out this immediate levels -a break below the 2nd green line will send the price much lower -target is the swing resistance...
Follow up of previous idea on long Algo. Current price level consolidating in resistance area. Good add on price for bullish move upwards with stop under support at key levels
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Bulls broke out from Multi month base/consolidation surging off the long term POC at 0.21 area with MACD and STOCH signaling on daily chart. Price To test next resistance at .26 area and if closes above has lots of room to grow up to .29 area. This alt has yet to recover as much percentage-wise since March lows as similar currencies, I think it has room to run up...
Wait for Refraction >>> Not Investment Advice. For Tracking Purposes
ALGOBTC We got a cup & handle pattern on ALGO by daily. Much upside is expected if we break through 2630 sats resistance zone and confirm the pattern.
50% of the estimated profit after breaking the specified lines