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Algo

ALGO can drop moreIt looks like a diametric finished. After this bullish diametric I expect another bearish pattern to complete to the downside. You can look for sell/short transactions in the red box. I specified the invalidation level, closing one 4-candles above this level will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
10
ALGO - Time to Buy?I think its a perfect time to buy or Long some Algo We can see that the coin perfectly bounced from 0.0878$ price level, from which it already bounced for the 3rd time. And each time it was bouncing for 16 to 22 % up On the chart I highlighted important levels to watch and book some profits. 1. High possibility that the coin will bounce till 0.0978$ where we can expect bear reaction. So either open short position from that level, but 1st of all check if the markets trend is bearish and if there will be bearish signs on Lower time frames 2. The coin breaks above 0.0978$ and reaches 0.105$ where the probability that sellers will want to lead at that level is very HIGH. So, important to book some profits there too. 3. Very bullish and optimistic scenario is that the coin breaks above 0.1059$, would be perfect to see Weekly close around that level. In this case, the coin can go to the higher prices, for example 0.1167$ etc.
Long
by vazitrades
The key is whether it can rise above 0.1098Hello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (ALGOUSDT chart) (1M charts) The key is whether the price can be maintained by rising above 0.1098. (1W chart) Since the volume profile section spans 0.1881-0.4253, the key is whether it can rise beyond this section. (1D chart) A volume profile section is formed at 0.3091. As it falls below the 0.0924-0.1039 range, the possibility of further decline is increasing. Accordingly, the key is whether it can rise to the 0.0924-0.1039 range. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
by readCrypto
3
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TVC:USOILLong
by bryandowningqln
ALGO/USDT Break Alert! Bullish Sign in the short-term Movement 💎ALGO has experienced a bounce within the demand area and has broken through the descending channel of the pattern. This breakout is validated on an hourly timeframe. However, for a more precise breakout confirmation, it is prudent to await the closure of the daily candle. A closure above the pattern signifies a valid breakout, potentially leading to significant movements for ALGO. 💎 In the broader perspective of weekly or monthly timeframes, ALGO is already in an oversold condition. This strongly suggests the commencement of accumulation and the likelihood of an upward movement to test the bearish OB area. 💎 Before any significant upward movement, ALGO needs to breach the resistance area. Once this area is successfully broken through, ALGO can effortlessly reach target profits 1 and 2. 💎 However, this analysis would be invalidated if ALGO breaks the key support area and the daily candle closes below it.
by MyCryptoParadise_Nathan
9
Support Breakdown and Potential ReboundOver the past few weeks, ALGO has experienced a notable decline, with its value falling below the crucial support level of $0.10. This downward movement can be attributed to a combination of substantial selling pressure and a noticeable absence of strong demand. Even the previously established floor for this cryptocurrency, which was situated at the $0.090 price point, was breached during this period. Consequently, we find ourselves in a situation where there is a scarcity of historical price data at this particular level, and a new All-Time Low (ATL) has been formed. Given this circumstance, it is prudent to exercise caution and adopt a wait-and-see approach until clear indications of a potential trend reversal emerge. Looking ahead, the next support level for ALGO is estimated to be around $0.0750. This level holds the potential to elicit a positive market response, potentially sparking a rebound in the currency's value. Nevertheless, it remains advisable to exercise patience and monitor the market closely for any discernible signs of a forthcoming change in the prevailing trend. This cautious approach will allow investors to make more informed decisions in this uncertain market environment.
by MonoCoinSignal
4
ALGO /USDT bullish scenario? 👀 🚀 Algo today analysisParadisers! Buckle up for an exciting opportunity with ALGOUSDT. Currently, it's in a demand zone and looks set to make a bullish move👀 💎Right now, ALGO holding a crucial support level and moving within a specific range. It has faced some resistance from a bearish order block within this range. 💎 Momentum is picking up, and it's likely that the price Algorand of will break through the order block and aim for higher levels. However, if selling pressure kicks in and the price breaks below the support level, it could be a prime shorting opportunity. 💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey.
Long
by MyCryptoParadise_Simon
ALGO 60% pump incoming 🆓🚦📌 #dyor 💰 Position size :: 1% 💱 Leverage :: cross ➖ 2-5x 🪙 EURONEXT:ALGO -USDT 📌 #futuretrade :: ↗️ ......🌴 #BUY :: $0.105 - $0.112 ( split % 💰 ) 🎯 :: $0.1222 :: $0.1387 ::$0.1874 Stop 🛑 lose #SL :: $0.1 🚏 👆 ( complete day below ) 📌 always move stop lose #sl when target get reached 📌 #risk :: High 🔥#scalping #explanation 👉 Max showing bearish 📍 but 🫠 Day chart 📈 looking bullish so risky 📐
Long
by raj5_7_5