PARABOLIC ALGOUSD
Hi traders, pls follow and like if you agree.
Someone call it alt season, institutions and big partners recently understanding how big and remunerative crypto world could be.
Today I'm looking for somenthing beyond easy short-term returns, but something that could really change the approach to the blockchain of tomorrow.
I'm talkin about a coin that actually never experienced a bear market, a solid project with one of the most professional and prepared staff in crypto world with great ideas and a powerful background.
Looking technically at the graph ALGO reached is ATH on Feb,12th (with RSI indicating an overbought situation) before retracing towards FIB 38,2.
In the short-term it is likely that the price will find a good channel to retest resistances and supports between FIB 23,6 AND 38,2, before a new uptrend explosion breaking the triangle pattern.
Below $1,2 we could review our short-term strategies, but a buy position is the best long-term approach in a 1 year vision.
Good trading.
Someone call it alt season, institutions and big partners recently understanding how big and remunerative crypto world could be.
Today I'm looking for somenthing beyond easy short-term returns, but something that could really change the approach to the blockchain of tomorrow.
I'm talkin about a coin that actually never experienced a bear market, a solid project with one of the most professional and prepared staff in crypto world with great ideas and a powerful background.
Looking technically at the graph ALGO reached is ATH on Feb,12th (with RSI indicating an overbought situation) before retracing towards FIB 38,2.
In the short-term it is likely that the price will find a good channel to retest resistances and supports between FIB 23,6 AND 38,2, before a new uptrend explosion breaking the triangle pattern.
Below $1,2 we could review our short-term strategies, but a buy position is the best long-term approach in a 1 year vision.
Good trading.
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