We are monitoring ALGO since the beginning of it's bullish trend at 0.40 cents ... (first analysis of Algo below)
On today’s analysis, we saw that Last week we successfully reached our target 2 (written on the chart) and we closed above the weekly resistance (Blue line on the chart) that has been built since September 2019.
Now we are actually flipping this resistance in to support ... A weekly closure above would be very bullish for the next few weeks.
As there is very little volume on this retest, i am very confident about what will come !
Time will speak!
Patience is a key in this market
The content covered in this publication is NOT to be considered as investment advice.
Thank you all,
If you enjoyed this analysis please mark a thumbs up and do not hesitate to share your point of view in the comment section.
Have a Good day and Safe trade
Butterfly .D
/Metamorphose your portfolio/
On today’s analysis, we saw that Last week we successfully reached our target 2 (written on the chart) and we closed above the weekly resistance (Blue line on the chart) that has been built since September 2019.
Now we are actually flipping this resistance in to support ... A weekly closure above would be very bullish for the next few weeks.
As there is very little volume on this retest, i am very confident about what will come !
Time will speak!
Patience is a key in this market
The content covered in this publication is NOT to be considered as investment advice.
Thank you all,
If you enjoyed this analysis please mark a thumbs up and do not hesitate to share your point of view in the comment section.
Have a Good day and Safe trade
Butterfly .D
/Metamorphose your portfolio/
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.
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.