ALGO has recently formed this nice ascending triangle-a series of higher lows into an area of resistance, which yesterday market broke and closed above the resistance with a bullish daily candle, market is now currently retesting the zone which at the moment it has broke back below due to the recent correction in bitcoin and the crypto market as a whole... we are waiting to see if algo can close back above this zone from a 4hr perspective before looking for a valid entry to long this coin.
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