ALGO (both ALGOUSDT and ALGOBTC) is holding and bouncing at major level (61.8 fin retracement and 200MAs) as the overall crypto market and BTC shows signs of stabilization and recovering from the major selloff.
Now is a good time to get a partial position and ladder in if price falls a bit. Ultimate target is at resistance for about a 100% return, but can take partial profits along the way.
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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.