Long

ALGD, cup and handle could see this coin soar

I prefer to keep things simple when conducting analysis. I sift through a number of indicators until I find my favourite few that when used together often 'jive' creating a harmony and increased confidence in an up, or downward trajectory. This time, the most standout items is the Cup and Handle, a labelled in the diagram. Drawing a line that is equal to the height of the cup to the neckline and repositioning it to the neckline and up, we could see significant all time new highs here. The pattern is robust and holds up well. Other coins have seen similar patterns such as BTC, so it would make sense also here. Good luck, follow for more.

cryptechcapital

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