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MitchMilli

Nice Setup On ALGO / USD 4hr Chart

Long
Algorand (KRAKEN:ALGOUSD)  
MitchMilli  
KRAKEN:ALGOUSD   Algorand
Chart Patterns Technical Indicators Beyond Technical Analysis Relative Strength Index (RSI) crypto Cryptocurrency breakout parabolic altseason
6
0
chartpattern indicator beyondta relativestrengthindex crypto cryptocurrency breakout parabolic altseason
MACD and Stochastic looking well rested.

MACD could fail to find support and fall to the negative zone, with a further sell off.

Risky play due to the recent gains and overbought conditions on other timeframes.

However, when only considering the 4hr chart. I like what I see.

Place Your Bets.

Not. Financial. Advice
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