Pattern repeated itself 2 times, 3 time's a charm right?
Green buy zone seems like a perfect opportunity to buy a HUGE position of Algorand. BTC is currently very bearish, so with a dump, the altcoins could follow and ALGORAND could hit the demand zone.
the weekly chart is also looking very good! Look at that fib retracement followed by some accumulation. I bought some ALGO today after further research. It seems to be getting some traction on social media.
Posting this for fun based on the other altcoin breakouts from the .786 fibs based on the prev ATH's. Let's see if the moves compare. Taking it to the full fib extension would be at around 5.30 USD, this is the EUR chart :)
I am long ALGO and have been holding since 0.50, let's see how far it can go, the product is also fundamentally strong and the chart looks...
The bullish tweezer pattern is a pattern where two candles form an identical size and shape. As you can see, this has formed on the one day candlestick chart. This gives a strong insight of a bullish sentiment in the ALGO market in the coming days.
I do not recommend ALGO at the moment since I find it slightly overpriced. On the other hand, the company has...
Algo looks set to break through either today or tomorrow. Please note that my charts are in euros. Once it does breakthrough we will flow in between €1.14 and €1.34. Good luck trading and please do your own analysis before buying anything.
Also please note, if it does not break through this weekend we could face a very bearish scenario!
Hi guys. I haven’t posted in a bit since last time I was terribly wrong about the BTC direction in my last post. I took my time to reflect on how and why I missed out on the bearish signals that caused BTC to crash. I also sold all my BTC yesterday, it seems too unstable atm.
Here’s my ALGO prediction for now. ALGO went down quite deep to €1, but is now working...