Last time RSI came in to this area, we got a reversal. We're currently on a big support level, the next one is the weekly uptrend support. I do not see us dumping to the weekly support without any negative news. BULLISH from here.
Altcoins will follow ETH upwards.
When looking at the daily chart, the current level looks like the bottom. But if we zoom out and check out the weekly chart, there is still a way to go. Will we go up from here or hit the demand zone first?
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.