$ALGO - Long. 1H bullish MACD. Possible upward break Falling W $ALGO - Long. 1H bullish MACD. Possible upward break of Falling Wedge. Order books are stacked on the buy side. High risk, High reward.
ALGOBTC
ALGO/BTC Downtrend Channel Takes ShapeALGO/BTC in a perfectly parallel downtrend channel. As a comparison, when MATIC started trading on Binance, it went steadily down for two weeks, losing significant value. ALGO has been trading for a couple of days and is already well on its way down. The ALGO price was obviously overvalued at $2.40 USD. It could go much lower from here. Or, who knows, it could turn around and try to retest its original valuation. The latter seems less likely, given the strong downtrend it's in.
ALGO roadmapNot much history for that coin so TA not really reliable. But at least it may give some idea for targets in case of growth. Here they are. Don't thank me, just push like =)
