A lot of crypto's are seeing very good gains today. With Bitcoin rallying on better economic prospects, most crypto's are following. ALGO has yet to see some strong gains, which makes it a perfect investment opportunity in my eyes.
In order to trade this break-out, wait for the price to close above the entry line marked on the chart.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.
Happy trading!