crypto-tradesman

ALGO on verge of a positive breakout?

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BINANCE:ALGOUSDT   Algorand / TetherUS
Ascending triangle generally is a sign for a positive breakout. But in rare case can go down.
I would wait until I see a positive breakout before taking a long position.

RSI shows a steady increase which shows bulls in play.

MACD is near zero; Watch out for this to be positive.

Happy trading.

Cheers
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