After breaking out a couple days ago, ALGO is consolidating for another leg up. If not already long, wait for confirmation of entry.
Pretty much speaks for itself. Inverted H&S, bullish cloud setup. Falling wedge continuation pattern the last few hours.
Expect price to return to the Kijun in the next couple of weeks. Price has now crossed up over Tenken. Tenken and Kijun should clamp together in the near term and bring the price back to the .5 Fib from last major move. Expect at least 20% return not including price overshoot of Kijun. Heikin Ashi shows clear trend reversal.
Will it hold? XLM appears to have moved to a higher parallel channel. Over the weekend, it rebounded to close in the upper channel and is now bouncing off the lower boundary. Maybe it will hold... if it doesn't, then .30's might be revisited.