Some days ago, we published the idea where we predicted ALGO to correct before continuing an uptrend:
We believe that after that correction, ALGO is ready to continue the uptrend and now it's just consolidating and preparing itself for a big breakout. If you're in a position, don't get shaken out as the breakout may occur in the next few days.
The technical target is around 0,75$ and at this level we can expect some sort of pull-back due of profit-taking.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.