I was asked to publish a chart about ALGO.
This coin is following Bitcoin, just like the other coins... so any forecast about it can be ruined by bitcoin because -BTC is close to a big resistance right now and can cause a crash-. But about ALGO:
This coin hasn't been on the top charts of Binance for a while now and it's been doing a good consolidation.
A few hours ago it got supported and bounced back up by the lower Bollinger Band and the 0.786 fibs, There's only one weak resistance on the way up. I would advise you to wait for a confirmed breakout and then open long positions.
Again: Watch for Bitcoin, the market is shaky right now!
This coin is following Bitcoin, just like the other coins... so any forecast about it can be ruined by bitcoin because -BTC is close to a big resistance right now and can cause a crash-. But about ALGO:
This coin hasn't been on the top charts of Binance for a while now and it's been doing a good consolidation.
A few hours ago it got supported and bounced back up by the lower Bollinger Band and the 0.786 fibs, There's only one weak resistance on the way up. I would advise you to wait for a confirmed breakout and then open long positions.
Again: Watch for Bitcoin, the market is shaky right now!
