Shwatup doe! Hope you are healthy wealthy and blessed
It is a wild and beautiful day in the world of crypto, I hope all of you are experiencing it in joy!
Now here we are looking at ALGO on the daily time frame, zoomed way out so BIG PICTURE ya; and what do we see?!
I have been simply drawing on this chart throughout the past month or so and hadn’t noticed this star pattern forming, that is until this last parabolic upswing that seems to want to connect the 5-point star pattern to its peak point of $0.94 USD … the 4.236 of our recent low of $0.27 that happens to coincide with the of our previous peaks.
Maybe we should ask the stars… ✨
Well, here we are bounced off .53 to support at .49 and now back up sitting right under .53 , at .5064 , with .52 looking like it wants to become support for further uptrend. With a breakout over .52 with support confirmation, this trade comes into play.
If this star pattern plays out, we may see some resistance at $0.68-$0.70
Long open for possible +80% gains from $0.52 – $0.94
These are my ideas and I am simply sharing them with you. Please assume your own risk and management. I am not a financial advisor and this is not financial advice.
One Love ❤️