MetaShackle

ALGO has formed an almost perfect cup & handle on the daily.

Long
BYBIT:ALGOUSDT.P   ALGOUSDT Perpetual Contract
ALGO (Algorand) has been forming a rather impressive cup & handle formation on the daily chart since mid April 2023. The handle looks to be nearly complete, and could breakout any day now. Anyone who knows Algorand is well aware of how quickly it can move when the volume is there.

Either way, I'm a long-term investor who's already well into the green, and will be holding for many years to come.

Good luck, and always use a stop.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.