ALGO May pop soon

28 thg 3, 2021

Here's a quick look at ALGO 4 hr chart. As we can see the price has been forming a bigger descending triangle for the past few weeks. The price is right now very close to the upper trend-line and we might see a breakout here. A pullback is also very likely as the RSI is overbought and the price is close to the upper trend-line.

The idea is: Buy the breakout from the triangle and sell at the targets presented in the chart.
Targets:
1. 1.32 $
2. 1.45 $
3. 1.6 $
4. 1.83 $

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BTC dictates the market. If BTC falls, then Alts will fall as well. BTC needs to get stable before alts can run. Trade safe!