ALGO GO GO GO UP ok? by joannewong

hive-167922 · @joannewong · Jul 28 '21

$4.83

ALGO GO GO GO UP ok?

![ALGOUSDT H4 28/07/2021](https://www.tradingview.com/x/iUI847jK/)
*ALGOUSDT 4 Hour Chart*

A good mid-week for the crypto market so far. Overall, many altcoins have up at least 10% - 30% from the low on 20th July 2021, some even go as high as 100%.

Let have a look at the ALGO chart, in a 4-hour time frame spotted an Ascending Channel. The big pattern in the ALGO chart is an Ascending Channel and inside a big pattern identify there's a Breakout from the Descending Channel. I view it as a signal of a continuation of the current trend which is *BULLISH*.

The hard Resistance on ALGO as the chart is at 0.87 and once it breaks the resistance then would be expecting more upside. ALGO has been testing the Support area at 0.82 - 0.83 and it has been well defended by the buyers.

![ALGOUSDT DAILY 2021](https://www.tradingview.com/x/JZNupTul/)
*ALGOUSDT Daily Chart*

Every time the price went up to the downward Trendline, it got rejected. Finally, on 23rd July 2021, the downward Trendline has been break indicated that Bullish is in control now.

5 consecutive days was a green candle with a Bullish Divergence on the Daily Chart, a breakout of Descending Triangle and I view it as a Bullish but... after every rally, there's a pullback.

As always Trading is risky, and all of this is only MY PERSONAL OPINION/VIEW on the ALGO chart and this is 100% NOT FINANCIAL ADVICE.

What is your take on ALGO chart?

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@joannewong/algo-go-go-go-up-ok)

👍 onealfa, jim888, steemed-proxy, ssjsasha, curie, davidke20, sherisworld, trostparadox, nateaguila, primersion, touchman, blewitt, kevinwong, professorbromide, therealyme, postpromoter, barbz, joythewanderer, stayoutoftherz, dhimmel, therising, mulletwang, bitrocker2020, gazbaz4000, da-dawn, onealfa.leo, aaronkroeblinger, calatorulmiop, majes.tytyty, jasimg, new-world-steem, gunthertopp, ibt-survival, mahdiyari, minnowbooster, jansher, netaterra, ew-and-patterns, procryptix, appics.tutorial, dna.org, sbi5, jga, danielwong, pladozero, adventuroussoul, dmoonfire, littlenewthings, shmoogleosukami, lightproject, adalger, jennyferandtony, gtpjfoodbank, bedazzled, jeffandhisguitar, tyrionlens, scruffy23, robibasa, thelogicaldude, massivevibration, veenang, miketr, smjn, wolven-znz, and 400 others

`author`	joannewong
`permlink`	algo-go-go-go-up-ok
`category`	hive-167922
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`created`	2021-07-28 12:06:21
`last_update`	2021-07-28 12:06:21
`depth`	0
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`last_payout`	2021-08-04 12:06:21
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`root_title`	"ALGO GO GO GO UP ok?"
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properties (23)vote details (464)

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stephen.king989	5,029,444,357	1.5%
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lk666	1,267,200,427	1.5%
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modernzorker	1,817,092,989	2.1%
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driptorchpress	1,551,490,419	1.5%
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erick1	1,027,294,523	1.5%
scooter77	1,149,673,255	2.45%
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robinhaney	2,693,294,399	1.5%
leontr	804,670,675	40%
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lightproject	24,327,812,694	1.5%
mahdiyari	39,181,670,307	2.4%
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ew-and-patterns	34,756,773,682	3%
hhayweaver	985,638,118	1.5%
zacherybinx	613,151,077	3%
gunthertopp	41,958,671,964	0.75%
pipiczech	656,989,935	1.5%
binkyprod	1,377,020,868	1.5%
st3llar	3,890,664,261	25%
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flatman	2,424,165,715	3%
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neumannsalva	1,727,540,346	1.5%
stayoutoftherz	79,097,302,500	1.5%
investingpennies	8,968,856,204	3%
val.halla	2,869,753,262	10%
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dipom98	597,846,646	1.5%
aaronleang	3,556,794,603	15%
zyx066	6,204,407,514	1.5%
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revo	7,317,443,277	3%
djlethalskillz	686,001,086	10%
mulletwang	66,576,846,006	35%
gray00	865,134,617	100%
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bahagia-arbi	672,403,343	3%
thelordsharvest	3,609,314,689	3%
kimzwarch	11,727,411,519	4%
massivevibration	19,491,799,567	30%
bradfordtennyson	1,500,122,936	1.5%
trevorpetrie	1,320,053,791	1.5%
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cloudspyder	7,561,472,754	100%
calatorulmiop	47,806,046,722	50%
veenang	19,317,954,424	15%
davidke20	329,117,631,502	100%
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upme	899,978,775	1.5%
rubia.michelle	948,730,133	100%
braveboat	2,844,699,221	8%
dauerossi	5,292,017,085	30%
meno	11,480,096,136	1.5%
gtpjfoodbank	23,672,096,910	60%
steemed-proxy	571,387,912,088	3%
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marcoriccardi	544,410,315	3%
dreamm	2,467,859,544	50%
dbooster	1,624,983,262	1.5%
maverickfoo	14,089,332,931	50%
branlee87	1,481,588,961	100%
new-world-steem	41,998,622,909	23%
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dranren	2,077,943,086	100%
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feltoxxx	2,957,374,037	100%
greenchile	0	5%
gazbaz4000	62,721,818,044	100%
johnspalding	1,274,877,347	1.5%
nicole-st	1,838,911,998	1.5%
jeffandhisguitar	22,318,267,982	50%
jackwagon	0	5%
etherpunk	866,983,205	50%
jasimg	43,440,867,705	100%
drmake	1,052,681,040	1.5%
travoved	1,880,971,247	50%
cataluz	1,095,891,231	1.5%
jrvacation	14,329,308,411	50%
danile666	887,592,533	2.85%
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impotent	0	5%
itchyfeetdonica	5,701,656,838	0.9%
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gollyg	0	5%
fullsteemnhead	0	5%
howitsmade	0	5%
handfullostraing	0	5%
goldfishing	0	5%
gawkeye	0	5%
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growpadope	0	5%
danielwong	29,077,158,570	50%
jim888	649,573,110,786	22%
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hooiyewlim	15,605,027,066	100%
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jamesbailbond	0	5%
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ithinkalone	0	5%
houseplant	0	5%
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justhodlit	0	5%
gabrielatravels	1,674,289,885	0.6%
jaro-art	3,961,557,758	100%
gaggift	0	5%
furballs	0	5%
fineartnow	1,857,829,416	1.5%
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smjn	18,788,947,799	2.55%
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utube	2,270,840,515	3%
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iipoh06	512,128,044	100%
photohunt	3,214,373,538	3%
blervin	1,728,037,671	3%
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irgendwo	4,576,432,606	3%
cyprianj	569,002,057	3%
citimillz	958,182,823	1.5%
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knowmyass	0	5%
bernardino	1,352,757,798	1.5%
doikao	3,130,811,027	3%
technologix	2,009,591,402	3%
nekoneko	1,028,575,346	50%
zipporah	1,368,104,124	0.6%
idkpdx	0	1.5%
randumb	805,798,591	3%
superlotto	5,206,695,099	3%
miroslavrc	1,503,588,472	0.75%
bscrypto	6,033,240,622	1.5%
kymio	523,414,373	3.75%
evepontes	746,467,440	100%
movingman	1,542,738,419	20%
proto26	721,760,480	3%
rodrigocassio	898,067,229	100%
bil.prag	846,402,828	0.15%
silviomangum29	898,072,433	100%
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sanderjansenart	2,276,220,819	1.5%
viagens	900,434,708	100%
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frissonsteemit	603,099,053	1.5%
nomadicsoul	3,023,633,053	25%
rambutan.art	1,704,755,433	3%
blainjones	3,047,627,366	1.2%
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therising	69,425,987,916	3%
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scruffy23	20,785,110,002	50%
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oscurity	846,322,378	1%
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celinavisaez	8,474,778,180	30%
gwilberiol	4,410,735,312	2.7%
netzisde	1,552,247,928	1.5%
diabonua	2,381,281,548	1.5%
pladozero	28,192,964,494	10%
minerthreat	575,374,711	1.5%
nateaguila	195,695,414,073	5%
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dailyspam	7,370,711,498	50%
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onelovedtube	1,257,271,956	1.37%
steemxp	824,024,583	5%
insaneworks	6,611,394,603	5%
gravii4	1,323,039,069	100%
uche-nna	3,255,009,427	2.4%
drawmeaship	3,562,043,461	50%
vietthuy	2,203,474,146	50%
barbz	92,713,378,067	100%
citizendog	3,221,295,805	3%
sbi5	30,283,988,049	2.13%
yougotavote	3,279,510,591	100%
cheese4ead	1,783,650,561	1.5%
gaottantacinque	97,934,292	100%
carolinaelly	2,775,290,137	100%
winifredhiggs	587,445,172	100%
blewitt	160,319,365,874	5%
olumzy	3,327,464,959	0.9%
bflanagin	2,969,069,160	1.5%
armandosodano	8,180,558,875	1.5%
yourmind	17,262,888,506	100%
acousticguitar	12,968,445,613	50%
yaelg	538,843,735	0.9%
kylealex	4,995,484,854	10%
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gasaeightyfive	151,059,922	100%
luppers	3,124,724,549	4.09%
orlandogonzalez	2,414,934,314	25%
minimining	822,572,711	1.5%
mobi72	675,085,359	1.5%
thelittlebank	9,021,320,165	1.5%
oakshieldholding	174,052,305	8.19%
cribbio	163,299,100	100%
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the.success.club	1,307,326,201	1.5%
chickenmeat	598,907,558	1.5%
sincensura	1,092,907,445	100%
embot	528,697,457	100%
topworlds	910,766,510	1.5%
dubignyp	567,203,354	10%
sasaadrian	11,465,883,381	20%
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adalger	24,034,411,352	2%
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cakemonster	3,733,286,229	3%
king-cobra	7,470,978,625	100%
devann	11,807,964,336	4%
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tamito0201	821,195,181	50%
pandapuzzles	1,588,997,340	100%
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wherein	3,597,412,144	3%
robmojo	2,321,015,485	0.6%
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vaultec	3,690,337,699	12%
steemstorage	4,008,327,869	3%
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qei	622,018,121	100%
markwannabee	537,030,531	100%
hairgistix	1,550,069,252	1.5%
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rem-steem	693,990,302	0.6%
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raynen	4,167,654,666	100%
proxy-pal	609,977,301	3%
quentinvb	532,199,274	100%
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deriyon	534,874,079	100%
thelogicaldude	20,000,120,243	10%
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kggymlife	2,277,779,115	20%
pedrobrito2004	1,190,828,779	3%
medro-martin	1,795,107,101	10%
aaronkroeblinger	58,018,360,072	50%
lefty619	1,997,700,182	2.25%
ambifokus	1,381,702,030	0.45%
filosof103	1,065,249,434	1.5%
contrabourdon	6,637,198,183	4.09%
photographercr	1,083,704,443	0.6%
epicdice	928,819,111	0.9%
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sallhiddles	573,597,069	100%
iamsaray	1,127,443,582	1.5%
edencourage	6,514,407,173	50%
robibasa	20,448,752,810	10%
havanasyndrome	0	5%
likwid	541,115,243	1.5%
dragonblades	535,904,067	100%
haxxdump	119,313,147	10%
rtron86	7,067,088,311	50%
waltermeth	3,315,693,536	20%
thesoundof	2,016,503,054	100%
hutty	780,272,057	100%
titan-c	1,007,090,727	3%
queengaga	1,121,297,936	25%
jalentakesphotos	1,715,763,666	10%
gurseerat	727,691,879	2%
mindtrap-leo	636,237,066	25%
onealfa.leo	61,460,384,217	8.19%
vxc.leo	20,261,677	12.5%
bedazzled	22,789,450,305	100%
tokensink	1,432,807,313	3%
beta500	3,315,474,342	3%
bastionpm	542,358,039	8.19%
wanderingmoon	4,738,456,035	50%
mk-leo-token	248,567,193	100%
rosana6	530,551,389	1.5%
midnightgenny	2,851,445,816	100%
precarious	11,031,805,186	50%
tyrionlens	21,022,929,055	100%
daeshim	7,364,442,142	100%
andylein	1,049,058,255	20%
entrepreneur.one	2,597,011,396	100%
behram	9,538,035,196	50%
zyzzyva	864,803,634	3%
therealyme	96,392,697,671	1.5%
dmoonfire	26,810,891,745	71%
ibt-survival	40,421,886,393	10%
jennyferandtony	24,030,778,238	100%
lotto-de	4,297,584,861	10%
sarahandsam	13,569,652,097	100%
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toni.curation	216,664,341	4%
roamingsparrow	1,594,713,866	1.5%
appics.tutorial	31,498,567,388	100%
crypto.currents	736,487,809	100%
manic.calm	1,014,731,920	100%
zappyzap	1,165,649,051	100%
adrenalinejunkie	7,066,410,729	100%
traveledge	531,251,807	100%
hive-134220	1,819,669	1.37%
prize.hoard	9,430,170,136	100%
manaman	0	100%
fsm-core	10,668,552,222	50%
hornetsnest	2,709,907,773	1.5%
wolven-znz	17,523,338,986	17%
yuurinbee-znz	11,356,992,276	17%
creators-voter	0	6.14%
peterpanpan	606,106,970	0.6%
gradeon	640,592,400	3%
pimpstudio	3,943,777,064	100%
hiveonboard	4,787,853,738	1.5%
authentika	2,812,092,844	1.5%
ninnu	682,038,361	0.15%
kiemurainen	821,003,380	1.26%
lyubo19	334,700,020	2.55%
nockzonk	2,004,159,700	10%
dna.org	31,425,800,101	20%
cronicasdelcesar	678,110,865	100%
quinnertronics	3,762,146,139	2%
ajaycapital	1,783,434,123	3%
whiskeyjack1231	1,709,544,017	100%
sevenoh-fiveoh	653,100,114	5%
coffeebender	674,179,697	25%
senseiphil	1,013,303,062	0.75%
surya2adiga	755,003,065	1.5%
death-and-taxes	4,108,557,928	50%
matthew.lily	1,503,644,735	40%
siirif	807,970,851	100%
bubblegif	951,178,083	1.5%
luss97	674,114,648	50%
veramen	683,643,166	100%
dcrops	3,595,939,176	1.5%
ikaro	298,481,378	8.19%
trostparadox	229,254,551,475	2.34%
cbridges573	558,268,863	2.1%
bananass	2,605,508,739	1.5%
star.leo	730,916,483	25%
limn	693,947,120	1.5%
radiofreefutura	641,286,326	1.5%
princeofbeyhive	5,817,948,956	100%
drricksanchez	6,487,124,888	1.5%
miroslaviv	703,008,575	1.5%
ghostonchronic	1,347,582,643	100%
counterterrorism	5,064,446,780	1.5%
sherisworld	280,591,994,034	50%
luisestaba23	1,194,020,331	50%