Wouldn't get my hopes up on this one, but ALGO/USDT is nearing the bottom of a wicked falling wedge. If BTC holds steady and ALGO breaks out, target could be 1.60.
ATOM/USDT is hitting a confluence of 1.5 pitchfork extension and 0.786 Fib retracement. A bounce here makes sense, especially after the extreme selloff.
ALGO/BTC has broken out of its downtrend channel and looks to be changing course to the upside. Yesterday, it managed to hit the 0.236 retracement from the high on Binance. Next target is the 0.382, which happens to coincide roughly with the ALGO Dutch auction price of $2.40 USD. It makes sense that it would try to retest that valuation, but upside beyond that...
MDA/BTC looks dead right now, but it is retesting the top of the pitchfork channel after its huge run from fall 2018 to spring 2019. Could be a good R:R for entry, with a clear SL level.
ALGO/BTC in a perfectly parallel downtrend channel. As a comparison, when MATIC started trading on Binance, it went steadily down for two weeks, losing significant value. ALGO has been trading for a couple of days and is already well on its way down. The ALGO price was obviously overvalued at $2.40 USD. It could go much lower from here. Or, who knows, it could...
ALGO/BTC has been rejecting from 50MA on 15-minute TF. Looks like a triangle breakout followed by retest, with 50MA now turned support. Need some conviction from buyers to confirm.
Very little trading history here, but ALGO seems to be trying to complete a little inverse H&S on the 15-min TF. Neckline at 2060, target at 2400 per measured move.
MDA is currently testing the bottom of the pitchfork channel, so a good target for the next move up could be around 45k, assuming the channel holds and there isn't a breakdown. The median line has only been tested once, so it would not be unreasonable to think that MDA could bounce from the bottom all the way up to the median line, which would be nearly a 3x move...
