Have been monitoring ALGO for some time now. Have put my crayons to good use because it seems it is moving in a channel upward. It has left the channel only during the time the whole market dropped to quickly return to the predicted channel.
Can’t say anything about all the fancy Fibonacci stuff. Still learning so bear with me.
Have been able to successfully swing trade this until yesterday. It dropped more than I expected, but it is still in the channel. During this altcoin season ALGO has been very attractive for swing trading. Lots of Opportunities for 10% profit at least with a 2-1 rewards ratio.
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