ALGO/BTC

4 Feb 2020

ALGO seeing a good continuation after breaking above this resilient trend line yesterday, indicating a change in short term trend, matched with a corresponding increase in volume; we can anticipate price and volume to keep rising while we trade above our 0.236 fib support(2600 sats). As we stand, we are definitely bullish on this pair and can anticipate good price appreciation in the short - mid-term; as always, take profits and love stop losses accordingly as the trade progresses

Recent fundamental news : coindesk.com/binance-us-now-offers-staking-rewards-for-these-two-cryptocurrencies