So we have just done: hedera, hashgraph, qtum and now i'm gon na move on to algorand coming in number 47. With the ticker, a l g, o el grant seems to be moving out. I remember algorithm was like a 30 number 30. I think and he's from number 30. He dropped to number 40 number 40 right now. He'S about to you know be on its way out. So yeah things are just not looking good for algorand at this point of time, so yeah anyway, we're still going to take a look at all ground because it is still in the top 50.. I don't know if this is going to be the last video or next week, it's going to be the last video of algorand or maybe i'll go wrong, might just suddenly become a top 40 coin again, so anyway, file go run against vtc. We are still under the skinny pink line: hey we see the skinny pink clan already a little bit of it, which means that it's been more than 314 days so right now we are quite oversold uh. I wish that this was actually a double bullish divergence, but it is not a double bullish divergence. Sadly, i feel so sad. This is not a double bullish divergence, so i think that potentially the algorithm could still go lower, so yeah, it is not you know. Algorithm is not turning positive, yet when you know you see a you know, algorithms start to rally.
You will see a a rise in volume. Yes, uh the volume the green volume is not rising yet so here we're not going to be doing anything until we are fairly certain all right tireless. We want to go against usdt, but before that, please give this video a like. If you enjoyed it subscribe to the channel – and let me know if you think, i'll go run in the comments below so far, i'll go on against usdt, um i'm, not exactly sure what algorithm is doing to be honest um. This could be a left shoulder head right shoulder. You know we could still be in a uh bull flag, you know – and we could still you know hover around here and we could still break towards the upside uh yeah it's, just that things are very uncertain at this point of time. The rally that came for all ground was pretty weak, so there were other rallies which were much more stronger um. If you look over here for the past um, you know your icon was a strong rally. Omisego continues. Rising is rallying very strongly right now so yeah. This is actually relatively weak compared to the other alts, so yeah don't do anything i'm, not gon na. Be doing anything, though it's up to you whether if you want to do anything or not, but uh, i'm gon na be waiting uh for a higher quality chapter. አንደኛ, so if you don't get it, then you know we just move on to another coin: um, so yeah we're going to be staying, patient and we're going to wait for the algorithm wheels to do their thing all right.
I guess that's it from algorithm technical analysis. Thank you very much for watching. I hope you enjoyed it.