ALGO may pop up

Updated
I’m not sure why because the crypto market is underperforming right now but Algo seems to be in a spot as far as my technicals are concerned that would indicate a move upward toward its 4 hour chart 200 DEMA.

I AM NOT ADVISING THIS RISKY TRADE …. Please trade w caution
Note
the fact that this didn't pop is leading me to believe now it will go down if there is a market drag
Note
I have also just looked at the 1 hour and it seems likely that algo will be pulling down at least short term
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