I'm expecting a slow weekend..
ALGO heading to $1.08 to re-test resistance level. My exact price prediction is $1.0725.
Price could go to $1.17 but I don't think it will based on previous peaks in the 1hr and 30min views.
3/1/21, or possibly sooner, we should see price start dropping dramatically.
*My opinions not trading or financial advice.
ALGO heading to $1.08 to re-test resistance level. My exact price prediction is $1.0725.
Price could go to $1.17 but I don't think it will based on previous peaks in the 1hr and 30min views.
3/1/21, or possibly sooner, we should see price start dropping dramatically.
*My opinions not trading or financial advice.
Note
Bears & Bulls fighting it out at the $1.18 resistance. If you can watch the active ledgers it's a thrilling fight. I've taken some profits.Trade closed: target reached
Target retested the Adam & Eve neckline (support) at 1.18 and now appears to be in a correction wave. New short term idea "ALGO scalp trade"
Note
I'm including a link to Bixley's chart. Very different look but similar conclusion.
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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.