ALGO +100% by March 2022 $4.25We can see in this technical analisys that ALGO is repeating its moves every 192 days.
This would be the 5th time it is repating this.
So, what is this chart telling us?
You could see, on my previous update y that the flag was perfectly executed on the preditid time. We can see now that besides ALGO jumped 15% these past days it is in accumulation proccess, and those are just sign of strength. Collect gold nuggets!
There is not point to have your money sleeping there during the rest of the accumulation proccess or flag formation. You can use it for other projects in between, unless you decide to buy and leave it as a investment.
As a trader I would recommend you to buy at the next dip or just at the resistance level before the break out. This could be even at $2.20. You would still double your money in a short period of time.
There is a big fight between protocols since ETH sky rocketted. Every one is looking for the new "cheap" aquivalent ETH projects. Money is going to SOL, AVAX, ALGO, and many others.
DeFis are stuck at due to this fight and last month BTC dominance.
Despite all of this, news and toke updates..., charts talk by themselves.
I timed ALGO as you can see in the chart. 5 consecutive periods of aprox 192 days.
I hope this help you the get richer.
Apprecite the hard work by pressing like and feel happy to follow for updates.
Happy trading,
Raf
