BINANCE:ALGOBTC has found support on the 0.5 Fib line and a rising trend line on the logarithmic scale. In this chart, I argue why these two signals are not strong enough and conclude that we should wait longer for a trade setup to emerge.
You can follow this chart here .
I hope you learn something from this video and if you like it, then please leave a like....
My Elliot Wave of Apple in the Big Picture. I am assuming this Stock to still be in corrective Wave 4 at the moment which should stretch out a little bit longer. This assumption however is only valid as long as we stay under the 260 price level.
