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Algo

Buy yourself some ALGO for ChristmasAlgorand is one of the most sustainable blockchains. Algorand was always my favorite blockchain. And it will always be my favorite coin to invest in. Technical Analysis speaking, ALGO is trading at the bottom, it could go lower, but this is still a very good entry. And also, there are reversal signs with ALGOUSD when you look at the 1H chart. Long term plan is to buy a small among of ALGO here and then buy some more at $0.1 (if we ever get there). And the short-term plan is to go LONG here with a tight stop-loss. Long Scalping Setup: Entry: 0.17x Sl: 0.16 Tp: 0.19
Long
by Chainslab_Analytics
2
ALGO / USDT technical analysis and price prediction (Binance)Hello,  Today I will take a look at the ALGO / USDT pair on Binance in 4h timeframe. Algorand (ALGO) is today trading at $0.21, and we can see that it is in a downtrend (bearish momentum). According to historic price levels, the expected demand zone is at approximately $0.20. The supply zone is sitting around the price of $0.25. I can see that we are inside a descending trading channel and that we are moving in the direction of a historically very strong demand zone around $0.20. If we hit the price of $0.20, then this is an excellent, almost perfect position for opening a BUY/LONG position (still be careful because of the market conditions, we are still in a bear market). If you will enter trade at the price of $0.20, then you can expect the next targets to be for the short term at $0.25 and later at $0.30. In the case of the Cup and Handle trading pattern, I recommend entering at $0.25 after confirmation, otherwise not. I am expecting a bullish movement for ALGO at the price of $0.20, but just for the short term. Don't forget that we are still in a bear market and there are no signs of a major reversal of the trend. Trend is your friend :) If we break the expected demand zone, we can expect the price to continue falling, and the lowest level for ALGO is around $0.14 from March 2020, but I don't believe this scenario will occur. Have a fantastic day and make the most of it. Greetings, BF
Long
by elfabiiani
2
ALGORAND Rising WedgeGot news for you: ALGORAND's not the only altcoin trending in a RW pattern. There are many others. Upper shadows are long and deep above microtrend resistance, volume is relatively low on the upthrusts. Blood is in the forecast, but perhaps not before another bull trap rally. Don't get fooled by the FOMO. Stay safe! Be sure to subscribe for more clean, accurate, easy-to-follow swing charts with exceptionally high win ratios (80-85% average). I've been a fulltime crypto trader/investor since 2017, and I handpick all the runners myself after conducting a series of careful volume-to-spread reads and Wyckoff schematic comparisons. Not financial advice. Always DYOR & trade at your own risk.
COINBASE:ALGOUSDShort
by jalapablo
2
Algo Thoughtsmore downside to come needs to test this trend start which is at .14, would accept the test of .17-.16 as tested for now. most likely would see a nice reaction once that gets hit, but not until the crypto turnaround,could see this faltering for the next few months perhas and turning around right around the time of the market as a whole. luckily algo isnt eth so technically its in a differnt class of alt so shouldnt be dragged by it to heavily. good luck out there traders.
COINBASE:ALGOUSDLong
by largepetrol
ALGO - let's make a pumpEverything move price is done on small volumes. So as not to spoiler the buyer. I wonder if the project will have any updates soon or if it's the time of the pump) Accumulation on this trendline(red collor) will open the way to the level of 0.2494. And there and to the impulse of 5% will be able to do it on easy. If you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your
Long
by Artem_Dishel
2
Algorand (ALGO) - November 28Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (ALGOBTC 1W chart) In order to get the power to rise, it must be supported by rising in the range of 0.0000 1970 to 0.0000 2452. --------------------------------------- (ALGOUSDT 1W Chart) In order to continue the uptrend, it needs support by rising to the 0.4253-0.6132 zone. To do so, the key is whether it can rise above 0.3310. (1D chart) We need to see if the price can sustain it by moving above 0.2651. If not, you need to check if there is support around 0.2140. Since the HA-Low line is located near 0.3101, it should either move sideways until it declines or swing it up and down to make it fall. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** If this chart is shared, you can use the indicators normally. ** The MRHAB-T indicator includes indicators that indicate points of support and resistance. ** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor). ** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100). (Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.) ---------------------------------
by readCrypto
2
ALGO Loading up for a move! Here's a quick look at ALGO 30 min chart. As we can see, the price has been forming a symmetrical triangle and we will see a breakout soon! Keep an eye on this setup! The best entry would be when the price breaks above 0.302$ with a good amount of volume. ------------------------------------------- The idea is: Buy when the price breaks above 0.302$ and take profits at the levels shown in the chart. Targets: 1. 0.306$ 2. 0.31$ 3. 0.327$ ------------------------------------------- What are triangles when it comes to trading? Key points: "1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape. 2. Triangles are similar to wedges and pennants and can be either a continuation pattern if validated or a powerful reversal pattern, in the event of failure. 3. three potential triangle variations can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
6
ALGO's remarkable growth!ALGO has registered a growth of 11% in the last 24 hours. The price of this currency, which is in a range trend in the daily time frame, broke (fake) its support level in the range of 0.26 to 0.28 dollars. The support of buyers has led to the return of high prices in this area. Therefore, we expect a good reaction in case of a pullback to this area. The overall trend momentum is still bearish, and there is selling pressure in the market. The price trend of this currency is upward in the 1-hour time frame, but considering the range of the trend in the 4-hour time frame and the resistance in the range of 0.32 to 0.33 dollars, we expect a negative reaction to this range. For the next week, if this currency returns above the range of $0.36, it is likely that we can see an upward trend in the 4-hour time frame.
by MonoCoinSignal
1