Algorand (ALGO) Moving Back Above EMA50, Next Target!
Algorand (ALGOBTC) is now moving back above EMA50 after testing the 0.786 Fib. retracement level as support.
This is a bullish signal.
After the high volume bounce, w can see that consolidation continues to take place.
The support level has been defended at a higher low... Prices can easily jump next.
The next target is marked on the chart with red.
Thanks a lot for reading.
Namaste.
This is a bullish signal.
After the high volume bounce, w can see that consolidation continues to take place.
The support level has been defended at a higher low... Prices can easily jump next.
The next target is marked on the chart with red.
Thanks a lot for reading.
Namaste.
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