$ALGO just flashed a golden cross. đ
For beginners â a golden cross is when a short term average crosses above a long term average on the daily chart. It is one of the most bullish signals in crypto.
Current price: $0.0875
The levels:
đĄïž Hold above: $0.0866
đŻ Target 1: $0.0932
đŻ Target 2: $0.1006
đ Danger: Below $0.0757
My read: Volume is drying up after a 16% bounce from the bottom. Big move coming soon â the golden cross says up but needs confirmation with volume.
Break $0.0932 or fade back down â what do you think? đ
$ALGO $BTC #Algorand #AltcoinWatch #BinanceSquare
For beginners â a golden cross is when a short term average crosses above a long term average on the daily chart. It is one of the most bullish signals in crypto.
Current price: $0.0875
The levels:
đĄïž Hold above: $0.0866
đŻ Target 1: $0.0932
đŻ Target 2: $0.1006
đ Danger: Below $0.0757
My read: Volume is drying up after a 16% bounce from the bottom. Big move coming soon â the golden cross says up but needs confirmation with volume.
Break $0.0932 or fade back down â what do you think? đ
$ALGO $BTC #Algorand #AltcoinWatch #BinanceSquare