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ChristopherEisele

Nice set up for strong bull run. .65-.70 next resistance point

Long
Algorand (COINBASE:ALGOUSD)  
ChristopherEisele Updated   
COINBASE:ALGOUSD   Algorand
Trend Analysis Chart Patterns Technical Indicators algousdtrend
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trendanalysis chartpattern indicator algousdtrend
We are set up for a nice upward trend. We are at a strong resistance point of .60 and the 50MA. Once broken, the next resistance is .65-.70
Comment:
With current MACD cross over and recent double bottom, we are extremely bullish
Comment:
Add to this the previously reported bull pennant formed over the last week, all things point upwards
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