Hello Traders,
I have been observing algorland quite sometime by now. Real solid foundation and they are putting out solid work over the years. It's chart seems like primed for action now! Currently holding at $0.22 level. If it can break out of the triangle , I am expecting swift reaction. Btc seems quite stable and some traders rightfully expecting some correction anytime by now. And yes it may correct now or it may correct or somewhere 30k-40k range. We don't know! What we do know is ALGO will make it's move sooner than later. I am personally expecting 50%-400% action mid-term! Do some reading about it!
I have been observing algorland quite sometime by now. Real solid foundation and they are putting out solid work over the years. It's chart seems like primed for action now! Currently holding at $0.22 level. If it can break out of the triangle , I am expecting swift reaction. Btc seems quite stable and some traders rightfully expecting some correction anytime by now. And yes it may correct now or it may correct or somewhere 30k-40k range. We don't know! What we do know is ALGO will make it's move sooner than later. I am personally expecting 50%-400% action mid-term! Do some reading about it!
Note
Just 2 hours after posting! Btc corrects! Note
BTc does BTc things, it is about time for Algo ignoring BTc's corrections at this point of time. Because we lagged way behind the market. Most exchanges are using trading bots that is programmed to react for BTC's lead. This is well known fact however this bots also programmed to react buyers impulse signals as well. So the moment we build trust with each other , we are going one direction only. What we have in our hands is gold! We need to act like it .Past year or so I have been reading about algorlannd and let me tell you I am impressed in every possible way! Comparing to what everything else is on the market this coin should be at least 10b mc valuation. BTC peaked a new local higs and signal all the alt coins already. IT IS OUR MOVE! Currently 0.216-0.220 range. Once we get going , THERE IS NO STOPPING WITH THIS ONE. Question is are you ready for it?
Note
Algo/BTC chart seems really ripe. I don't think it can go much lower at this point. We may see broad rally against btc or at good correction towards .000012 area so it could be almost 50% gains against btc!Note
Back above 0.2 ! Things looking good for algo. Lets see If we can break out mini triangle and strike from there. Volume is not high yet but still enough build really good momentum. Note
As soon as we got out of triangle near 20% push came in 12 hours. Lets see if algo can push further this time. We reach the angle emoji.Not a bad prediction :)
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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.