Algorand looks ready to trigger its inv h&s pattern

٢٢ سبتمبر ٢٠٢٢

After doing a fakeout above the yellow neckline we now have price action for king above the white neckline….not sure which one will be the most valid but if the white neckline reaches its target they both do. I imagine it will be retesting the 1day 200ma before too long. *not financial advice*