Crypto4light

$ALGO cup and handle pattern since 2019

Long
BINANCE:ALGOUSDT   Algorand / TetherUS
ALGOUSDT

Look at this cup and handle pattern forming since June 2019. This is perfect TA pattern which give us potential move upside to 5.50
(1.618 Fib) Also we just trade exactly on 0.5 level FIB in monthly timeframe . In local timeframe we have a higher low and lower hight so we are forming triangle with potential upside break out. Target of this break out 3.42. Since September 6, we trade also on 0.5 level FIB. More details marked on chart!

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