Algorand
Panjang

Sharp Retest

The price spiked down to my previously drawn ascending triangle. Immediate bounce from the exact line. This means we are retesting previous resistance as significant support. I believe things get highly volatile (as they are now) before significant moves. Being that we are in a bull trend I am betting Algo is going much higher from these levels. A close of a 4 hr candle below this support will cause me to revisit my conviction.
Chart PatternsTrend Analysis

Penafian