Here's a quick look at ALGO 2 hr chart. As we can see, the price has been forming a descending triangle and we could see a break to the upside soon! Definitely one to keep an eye on. The best entry would be, when the price breaks above the descending triangle with good amount of volume . ------------------------------------------- The idea is: Buy the breakout from the descending triangle and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone . 1. 2.19$ 2. 2.49$ 3. 2.98$ ------------------------------------------- If you like the content, then make sure to comment and like the post :D
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!