I am completely new to TA, and got into ALGO a bit late in the party, but watching ALGO over the past few days, it has held up to the BTC-induced overall market ups and downs remarkably based upon the ranges I assumed it would trade in on all time frames -- bouncing off of nearly every trend line and support. See my newb chart above.
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Of course, I assume if BTC continues to dump big over the next day or so, that ALGO will follow suit, and destroy this beautiful pattern it has developed.
Komentarz:
Falling below trend... 2 hours to get that daily candle back up over the line...
