ALGO / USDT - Big triangle pattern. on the verge a breakout?
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Here is my take on ALGO / USDT 4H. We are witnessing a triangle formation with a potential breakout. If the ranging motion continues then we can consider the pattern as invalidated. If the triangle breaks the upper line of the triangle - I recommend that you wait for a solid confirmation - then enter a long position. Take profit ideas:
TG1 - 2.08$ TG2 - 2.18$ TG3 - 2.26$ TG4 - 2.44$
I keep it simple and clean! Likes, comments, and follows are dearly appreciated. Let me know what you think and which ones you would like for me to analyze next.