Priceline of Algorand (ALGO) / Bitcoin is completing the final leg of shark. I have defined the targets using Fibonacci sequence as below: Buy between: 0.0000609 to 0.0000593 Sell between: 0.0000634 to 0.0000657 Regard, Atif Akbar (moon333)
ALGO is still fluctuating in bullish patterns, so our plan is to buy the low price and wait to sell with profit! At this time, we can wait it to buy at 620-580 or even 550-500sts We can hit 690sts in just 3 days
The trend is your friend, even in downward trajectory. Trends give you an idea of what to expect for the short term at least.
If all goes well and BITCOIN does not mess it up, we could see ALGORAND up until it's issue price $2.40, or even reaching $3-4 in an extremely bullish scenario.
So here is a really good indication of WHY TO NEVER BUY PUMPS... As we can all clearly see, ALGO has been falling like there is no end nor bottom. From a $2.40 entry price this sure has hurt some wallet values If we take a look at the last 4 candles we can see that algo has begun to find some support. Without more printing on the chart we have little info to...
Not much history for that coin so TA not really reliable. But at least it may give some idea for targets in case of growth. Here they are. Don't thank me, just push like =)