A clearly example, expecting da doom 0.23-0.24 area. This is a pennant and you know that
THIS LOOKS PRIME TO PUMP , MACD BULLISH ON DAILY , RSI BULLISH. BROKEN OUT OF A LONG ASS TRENDLINE AFTER MONTHS NEARLY 98% DOWN FROM THE HIGHS , RISK LOW UPSIDE POTENTIAL IS VERY HIGH. LONG IT FOR FINANCIAL FREEDOM AND THANK ME LATER.
Plotted is ALGO on CoinBase since it was introduced recently. As with most new intros, is dropping fast along with the market. Currently is rejecting off the 3.618, opening the path to 4.236. 4.236 is a very natural "EndPoint" for waves. 4.618 is also a natural endpoint, less often. If there is no bounce from the 4.236, uh oh! . See some of my other plots...