I recently posted my idea about nested LINK patterns and am seeing something similar in ALGO. The ALGO 1D chart is showing a cup & handle pattern. I put the target between .42-.64 depending on whether you start the up move from the top of the cup or bottom of the handle (not sure about that). ....but if you zoom out, it looks like this cup is the head of a...
This is my first "idea" but i wanted to share it. It has already been pointed out by niko1923 that the 1H chart is completing a cup & handle pattern now but it's more than that. It is actually nested within a VERY BULLISH inverse head & shoulder pattern in the 1W chart. The 1W chart for LINK/USD is comleting an inverse head & shoulders that started back in...