Algorand Breaks Above Resistance (Easy 45%)

1 בינו׳ 2021

ALGOBTC (Algorand) is now breaking above EMA21 after printing really strong volume yesterday.

The new year is injecting some fuel into the altcoins and Algorand seems to be one of those that will move strong.

The chart above clearly shows our main target, easy 45%, as well as additional information.

The red dashed line at the bottom is our stop-loss.

Wishing you a great 2021.

Namaste.