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Algo

$BTC RSI is beautiful right now, let's see if the same happen?$BTC RSI is beautiful right now, let's see if the same happen? You can see at the last cycle, it broke the RSI downtrend and slowly played around for a few weeks, then back up. To me, because this current drop is so slow, because we are so oversold, and because other major indicators are showing a sign of reversal within the next month or so, we are close to the bottom. Of course, anything can happen, but I think that $20,000 BTC will be held and protected. ANYTHING CAN HAPPEN DCA your position.
COINBASE:BTCUSD
by Maddrix_club
Algo.Algo saw a clean 5 wave impulse which had begun back in march of 2020. The impulse was completed in November of 2021. Since that top, Algo has put in what looks to be a zig-zag (labeled a-b-c). -it has retraced roughly 61.80% of the entire bull run. -quadruple bullish divergence on the daily time-frame is present (very rare). -indicative that this dip could potentially be a wave (2). if i'm right about all of these alts being in a 1-2, then we are in for a ride into the skies. --- things definitely don't look too good in the world right now, the economic crisis which is happening right now would be the single biggest argument against what i'm portraying here. the only way this scenario could play out, is if something drastic changed in the world in the near future. --- i will continue to entertain the idea that these could indeed be 1-2's, but i'm also going to approach this very conservatively and with extreme care \ caution; making sure to use proper risk management if i ever was to play any of these. nothing in this market is certain, in fact, it's all extremely uncertain right now; and there is an infinite amount of possibilities which could potentially be at play. this is merely the bull case, nothing more. there is also a very probable bear case, so you gotta be very careful. don't be attached to either side, just let the market show you what it wants to do, then simply go with the flow. --- Best of luck!
by notoriousbids
$ALGO at key levelThe point of control level is $0.3005 very significant. Dating back to Algorand 's inception, this has been a key level of resistance/support. ALGO stopped nearly to the penny on the volume shelf at the bottom and bounced off it multiple times. Previously it was resistance, now it seems to have become support. ALGO seems to be running out of sellers. Soon the bulls will take control. Targeting the $0.5380 level which would be a 50% return and the VWAP from the most recent high at $1.0172 would be a nearly 200% gain. Algorand is green, efficient, and has extremely low gas fees (I believe it's $.001 please correct me if I'm mistaken).
COINBASE:ALGOUSDLong
by EBITDAtiger
2
💡Don't miss the great buy opportunity in ALGOUSD  Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.6418). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . ALGOUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 65. Take Profits: TP1= @ 0.7444 TP2= @ 0.7727 TP3= @ 0.8096 TP4= @ 0.8968 TP5= @ 0.9881 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
4
💡Don't miss the great buy opportunity in ALGOUSD Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.6418). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . ALGOUSDT is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 65. Take Profits: TP1= @ 0.7444 TP2= @ 0.7727 TP3= @ 0.8096 TP4= @ 0.8968 TP5= @ 0.9881 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
10
$ETH Maddrix III - Great SHORT taken, 50% of profit lost in pumpThis week Maddrix III took a short position (randomly decided by the algo) and it was our lucky day because it was dumping. It was frustrating because profits were cut by 2 due to the pump back. What is important to learn here is that when you have a trading system, you MUST stick to the rules. In this case, it reached it's STOP level, so it exited, for a much smaller profit. We can see that it then went back down and it "could" have made more. The problem is when it was pumping up, it could have kept going higher and higher, and the safest is to take some profits, instead of thinking "what if". This is what it means to be disciplined and have RULES. If this was done by a human, it would be very hard. Good thing the algo is taking care of it!
by Maddrix_club
Algo fifa sponsored moon-boy :) Algo, the E.U cross-bread of ADA academia with XRP compliance and gov ties :) Recent price action pushed by Fifa puts it at a very good buy level. However Covid black swan lows can theoretically allow for a second dump to 0.10 cents but this is very unlikely/willing to bet my car it wont happen. A more realistic max pain is of 0.26$ which is also more likely to only be possible within a wick context/willing to bet a 1 week holiday it wont happen. My personal opinion is that it will wiggle between 0.58 and 0.98$ for a while, outlier TP around 1.08$ and greed TP at 3$+./ willing to bet my dog's house it will happen :P Very good entry point at current levels :) Me gusta mucho! #LONG #RISK-ON
Long
by TheBitcoinGeneration
1
#ALGO/USDT 1DAY UPDATE BY CRYPTOSANDERS Welcome to this quick ALGO/USDT analysis. I have tried my best to bring the best possible outcome in this chart. Reason of trade:- ALGO/USDT PARALLEL CHANNEL brake the green and trandline and buy the retest green zone. PARALLEL CHANNEL green zone. (SPOT CALL) Entry:-$0.4230,$0.4625 Traget:- 30% Stoploss:- $0.3555 Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. Thank you...
Long
by CryptoSanders9563