Traders, When I entered this a few days ago, we were above two big supports. We then dropped below. I wasn’t really concerned with this price action because I knew that it might simply be shaking out a few longs. But I am now underwhelmed with the price response today. While all other alts have 3-4% profit on average, ALGO shows a lackluster 2% and it remains under previous support, showing us that it may now be turning into resistance.
Trade Alert - ALGO
Trade Alert - ALGO
Trade Alert - ALGO
Traders, When I entered this a few days ago, we were above two big supports. We then dropped below. I wasn’t really concerned with this price action because I knew that it might simply be shaking out a few longs. But I am now underwhelmed with the price response today. While all other alts have 3-4% profit on average, ALGO shows a lackluster 2% and it remains under previous support, showing us that it may now be turning into resistance.