https://tradingview.sweetlogin.com/x/1Ed06leM/
The ALGO price target is projected to be in the range of approximately .13 .16. I derive this from the breakdown area to the high point, resulting in a measured move that aligns with other crypto retracements having measured H&S targets. Everything will revert to their pre-election levels, implying that Bitcoin will reach 73-76K. This is using a 4hour chart so take that into account.
The ALGO price target is projected to be in the range of approximately .13 .16. I derive this from the breakdown area to the high point, resulting in a measured move that aligns with other crypto retracements having measured H&S targets. Everything will revert to their pre-election levels, implying that Bitcoin will reach 73-76K. This is using a 4hour chart so take that into account.
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Adjusted the target to the 0.22 region. Bearish Div on the 4HR and probably just a lower High being set but this was an awesome move. Wish I would have bought at .32.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.