BINANCE:ALGOBTC has found support on the 0.5 Fib line and a rising trend line on the logarithmic scale. In this chart, I argue why these two signals are not strong enough and conclude that we should wait longer for a trade setup to emerge. You can follow this chart here . I hope you learn something from this video and if you like it, then please leave a like....
BEARISH impulse on the daily with confluence of this M formation, i expect to see the market complete the M formation at the neckline before the continuation to the downside.
DISCLAIMER: This is NOT financial advice. My content is meant for entertainment and general information purposes only. It's only my opinion and should not be taken as financial, legal or tax advice. I'm not a licensed financial planner or investment advisor. Cryptocurrencies carry a lot of risk and you could lose everything when buying and selling them. I will not...
Time Frame: Daily, 4Hour, and Hourly Hi guys, Welcome back! Day 73 of the 100 Days of TA is here! Today's spotlight is on ALGORAND (ALGOBTC). I talked about the next direction of ALGORAND and the whys. I showed some setups here, what usually happens and what would happen. Have fun watching today's video! If you think there's something I should add or maybe...