Hold your positions, i’m hoping for a double bottom here to complete this ascending triangle.
Doge has broken out and is no hitting a very strong support. Let’s see where this goes.
So it’s broken and has bounced off of the top and bounced back down to our trigger. Now we wait for bullish confirmation and a break and retest of the ceiling and off she goes to the next zone around .30.
A lot of buying pressure just wait for the break and retest of that top zone and that’s your trigger.
Um... well let’s talk about it, the meme coin, sh*t coin, it’s doing what we all knew it would. EXCEPT there are bigger movers in play now. It’s showing a lot of buying pressure right now but also rumors of companies banding together to short it to .05 .06 cents to just pump it up again. It’s manipulation but it’s everywhere. In all markets so be careful and only...
Dogecoin has taken a big hit since the bull run to .40. Things may turn around soon.
Algorand is showing a nice bounce and clean rejection off of the support shown in my previous post. Just an update not financial advice.
Based on the two blue ascending trend lines i have drawn, we seem to be closing in on a strong area of support for Algorand.