Watch for a breakout of that '1' fib extension to confirm
Note
ALGO just eating through fibs this year, Daily & 4hr currently flagging (bullish) between the 2 fibs it's stuck in, Watch for the break --> Should lead us to $3 and beyond
Note
Next fibs of interest above, We will likely see some resistance around those fibs with possible pullbacks
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Easier visualization of the bullish flag
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Close-up
Note
ALGO uptrend still intact, breaking out of ichi on daily chart after confirming support on the 0.786 fib. Could see a move here
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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.