Algorand: Market Structure

The ALGO Algo

Algorand market structure is showing some signs of repetition. Strength buyers are looking for a push above the downtrend channel. Dip buyers are looking for a push towards and/or through the bottom of the channel .

Disclosure. The author does not own any Algorand.

UPDATE

$ALGO#Algorand
ALGOBTC

Daily Buy Signal
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Buy signal is printing on the daily candle

&

the 3D candle is printing a "Confirmed Reversal" on the SCMR system

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Slight bullish break from the market pattern noted here:https://t.co/PW32cGXyw7
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