ALGO bouncing and heading back up
Hi guys. I haven’t posted in a bit since last time I was terribly wrong about the BTC direction in my last post. I took my time to reflect on how and why I missed out on the bearish signals that caused BTC to crash. I also sold all my BTC yesterday, it seems too unstable atm.
Here’s my ALGO prediction for now. ALGO went down quite deep to €1, but is now working its way back up. EMA cross just happened, market cipher indicates LONG signal and the RSI divergence is looking good too. For me that’s a confirmation of the bounce and I’m hoping to reach my target €1.16 in a few days. If it does not hold however (which seems very unlikely at this point) it may fall to €0.95 in the coming days. Good luck trading everyone, and please do your own analysis before following up on someone else’s.
Here’s my ALGO prediction for now. ALGO went down quite deep to €1, but is now working its way back up. EMA cross just happened, market cipher indicates LONG signal and the RSI divergence is looking good too. For me that’s a confirmation of the bounce and I’m hoping to reach my target €1.16 in a few days. If it does not hold however (which seems very unlikely at this point) it may fall to €0.95 in the coming days. Good luck trading everyone, and please do your own analysis before following up on someone else’s.
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