TP Targets of SOL/BUSD following a breakout from the symmetrical triangle pattern, which is predicted to ultimately hit the 1.414 fib level.
Supported by the STOCH RSI and daily MACD crossover coming soon.
If you find the analysis useful, please like and share our ideas with the community. Any feedback and suggestions would help in further improving the analysis!
Quick glance: As of today, ALGO made a 17.70% jump and broke out after eight weeks of consolidation. ALGO saw a massive buying pressure and broke the $1 barrier.
Market in the last 24hrs
$Algo.X just reached it ATH so it's reasonable that it will drop back to its support lines. The question is weather it'd keep its upward trend to drop below 50 cents, because if it does, our next stop will be at 27 cents. But I doubt it. BTC is going and many folks got rich investing in Dogecoin, GME and AMC and will invest their money in cryptos. And what's...