Part of my ongoing analysis for AlgoRand (see links below)
This is the big picture plot, since pre-covid crash. Algo has had a slower recovery that some others. But it is now building a pretty solid trend structure.
$ 0.2182 is the KEY level, break and retest possible, break and run preferred. $ 0.3051-0.3104 will be first Major resistance, a level to take some profits. $ 0.3345-0.3389 will be VERY Strong resistance, good place to close all.
Previous Algo analysis (click):
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I also plot Forex and Stocks, take a look at my profile page.
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Primary Target Hit!
Just touched the primary resistance around 31 cents
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Zoom IN (3 min) for a closer look WOW! near perfect. It may will go to the top bound of that zone, but given time of day (late Asia session) that might be top for now. So now to watch the retrace....