Algorand (ALGOBTC) has now activated its strong support/accumulation zone... This can lead to another bullish wave.
Ever since the September 2019 low hit, each time the accumulation zone is activated we see a bullish wave for ALGOBTC.
Right now we have higher highs and higher lows, after the May low, and this level is activated again.
What this chart is telling us, is that Algorand (ALGOBTC) is almost ready and continue growing for long.
We remain strong bullish on this pair as long as prices continue trading above/or within the "support/accumulation zone".
Namaste.
Ever since the September 2019 low hit, each time the accumulation zone is activated we see a bullish wave for ALGOBTC.
Right now we have higher highs and higher lows, after the May low, and this level is activated again.
What this chart is telling us, is that Algorand (ALGOBTC) is almost ready and continue growing for long.
We remain strong bullish on this pair as long as prices continue trading above/or within the "support/accumulation zone".
Namaste.
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