Technical analysis by alex666666 about Symbol ALGO on 1/29/2025
https://sahmeto.com/message/3309137
$ALGOUSD Correction A,B,C
Neutral
Price at Publish Time:
$0.36355
Not financial advice! ALGOUSD It seems so far it has lost the 50MA if it doesn't recover or bounces at the 100MA it will continue to drop to the 200MA which will align with the 0.786 Fibonacci retracement. and it will be a perfectly A,B,C correction for a wave 2, time will tell us the outcome.
Source Message: TradingView