We are getting a nice bottom formation. Cup and handle is also possible. I expect that it cool down first because of the bearish divergence on a daily. Lower we can find some more liquidity on the support line for pushing it further up. After breaking the resistance a price discovery will follow.
Also good for long-term investment. Huge potential is behind the Algorand.
Hey Tommy. Can you continue this chart with the trendline extended? ALGO is takign a dip, and I want to go in a bit more (at lowest price of course). :)
tommyelltom
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@i8myapl, Hey buddy, check update. It seems that 0,7usd will be good entry for long.
i8myapl
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@tommyelltom, You sir are awesome. Beer is on me :)
i8myapl
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OMG. Where does ALGO go from here?
tommyelltom
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@i8myapl, Heh, now it is finally free. No obstacles on its way.