It is very simplified idea. Algo is at its bottom trend line level with RSI in near historical lows. If BTC does not fall off the cliff I see Algo bottoming at around 1.3 and reversing upwards. But again, that scenario I only see if BTC starts showing some bullish action. Regarding the chart, please do not take it in any way as advice. I am a rookie and this is...
I am a complete rookie. This is part of my self - learning process. Mistakes and advice will be much appreciated.