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UnknownUnicorn2434649
Mar 6, 2020 5:31 PM

To The Moon, Then Pluto $ALGO #Algorand #Crypto Long

Algorand / US DollarBinance

Description


Daily
Looking at our highest timeframe we see ALGO has remained in its uptrend since the beginning of February, although we are in a minor correction. Stochastic RSI showing momentum has formed a double bottom and the bulls are in a slight pause. Our (2) most recent daily candles are showing some wicks, could be an early sign of the bears getting exhausted. A daily close above $0.3740 indicates we will continue toward the upside.


4Hour
Shifting over to our pattern timeframe we see ALGO has broken out of its minor downtrend and has continued to form some bullish structure. Stochastic RSI showing momentum has bottomed out and we could see a reversal at this level. The price is now testing our previous resistance of $0.3600 as support. If we hold here expect ALGO to make a run towards $0.4200. A rejection from $0.3800 indicates we will continue towards the downside.

Comments
ezpi
well, if the moon crashed to the earth - then yeah we're at the moon.......... ;/
Stonks_Up
I love that you post the other time frames... wish I knew how to do that :)
UnknownUnicorn2434649
@Stonks_Up, thank you for your support, I appreciate it!
This is how you add multiple timeframes to your post:
1.) Select desired timeframe (1H, 2H,4H, 15min, etc)
2.) Click on the camera button at the top right corner.
3.) Copy the URL to your notes/wordpad
4.) Go to publish, click on the mini graph at the top
5.) paste your URL into the box and click insert (You will now see your URL like this PASTED URL WILL BE HERE6.) Your chart will now show up as an image on your analysis after posting.

I hope this helps, give me a follow for some more charts or if you need more help!!!
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