Algo making another attempt to break the triple bottom neckline

2021年9月1日

Not yet fully confident we will close the current candle above the neckline when looking just to the left we can see we’ve already had a few wicks pierce it but no body closes above the grey neckline just yet. Would not surprise me if the current candle will be the one we finally get a candle body close above the neckline on but will leave this neutral now until I have more confirmation to go by. If it follows Ethereum,’s lead here it likely will close some candle bodies above the neckline sooner rather than later. If it does confirm a breakout it looks like we have a target of around 1.60-1.70 *not financial advice*

2021年9月4日

註釋

As anticipated, ALGO now has a daily candle close above the neckline. Just needs to hold that neckline as solidified support now for confirmation and then if it can dot hat, BOOM! Breakout confirmed.

2021年9月7日

註釋

Breakout confirmed. Halfway to tarrget.

2021年9月8日

註釋

Target hit!