Algo - Similar Pattern forming

21 בפבר׳ 2020

Yes, the drawling is amateur, to say the least, but the best predictor for the future is many times the past. Algo has shown us it likes to peak and then peak higher as shown in the chart. The two areas I have circled both exceeded the angels I used for the four peaks highlighted. While we would all love to see the coin continue upward, and it might, I think we may be wise to consider alternatives. Even with this chart, it should be noted algo has a huge upside and with enough support, there is little in terms of resistance lines above. The coin is not acting in total congruency with BTC as we usually see but this has not held up long enough to be eliminated.