ALGO has decided that the market is a bull market and in a big way. TP1 and TP2 identified since ALGO is on the way up. Has not retraced enough to look for an entry so take it with a short 'stop loss' exit to stable coin position.
We are currently looking at the Daily chart of Algorand. There is a noticable price action within the current trend:
A Trend often starts with a strong breakout in combination with the right volume (see beginning of January)
> Channels and structural formations
After a breakout, the trend is situated within a channel where relatively...