Algorand / Bitcoin
Long
Updated

ALGO/BTC Inverse H&S

272
Very little trading history here, but ALGO seems to be trying to complete a little inverse H&S on the 15-min TF. Neckline at 2060, target at 2400 per measured move.
Note
Breakout on good volume. Let's see if it can reach the target.
Note
Target should have been more conservative for a quick flip.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.