Algo making another attempt to break the triple bottom neckline

١ سبتمبر ٢٠٢١

Not yet fully confident we will close the current candle above the neckline when looking just to the left we can see we’ve already had a few wicks pierce it but no body closes above the grey neckline just yet. Would not surprise me if the current candle will be the one we finally get a candle body close above the neckline on but will leave this neutral now until I have more confirmation to go by. If it follows Ethereum,’s lead here it likely will close some candle bodies above the neckline sooner rather than later. If it does confirm a breakout it looks like we have a target of around 1.60-1.70 *not financial advice*

٤ سبتمبر ٢٠٢١

ملاحظة

As anticipated, ALGO now has a daily candle close above the neckline. Just needs to hold that neckline as solidified support now for confirmation and then if it can dot hat, BOOM! Breakout confirmed.

٧ سبتمبر ٢٠٢١

ملاحظة

Breakout confirmed. Halfway to tarrget.

٨ سبتمبر ٢٠٢١

ملاحظة

Target hit!