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Algo

ALGO: the falling wedge BREAKOUT! Short review!Algorand (ALGO) is in a big falling wedge. This pattern is more likely to break UP, so we will consider a bullish scenario. The squeeze under the trend line will be the main trigger for opening long positions. On the lower timeframes a breakout of the local trend line is also an additional bullish signal. Consolidation before a breakdown is necessary, as a major player needs to accumulate ALGO. Targets: 1. $1,33-1,42 2. $1,73-1,88 Friends, press the "like" button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
7
ALGO - Top-Down Analysis!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. WEEKLY: Left Chart ALGO is overall bearish however, it is approaching a strong support zone in green so we will be looking for buy setups on lower timeframes. DAILY: Right Chart ALGO is forming a double bottom pattern but it is not ready to go yet. Trigger => For the bulls to take over, we need a momentum candle close above the gray neckline. Meanwhile, until the buy is activated, ALGO can still trade lower. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
BINANCE:ALGOUSD
by TheSignalyst
15
BTC daily has the DeMArk 9 reading it may have the bottom in?BTC Daily could not hold the Momentum bullish trendline...But the purple box would be the consolidation/support box at this level... also the DeMark 9 Indicator is reading we are at the bottom or very close to it... Support at $$39,350-$37,481 range...i can update from there. Lets see if BTC can push back above the $40K and then $42K mark and we could then see a retracment to the $52k-$57k price. RSI is Overold and should be moving up.
BITSTAMP:BTCUSDLong
by bylerzone
4
Algorand (ALGO) count me in!Algorand is a token that I have not covered on this platform too much. It's a shame because ALGO is one of my favorites. In terms of the accessibility, speed, and efficiency- ALGO blockchain is top notch. I mean, heck- if you ever want to send cryptocurrencies anywhere for the cheapest possible price... what do you use? -- ALGO The volume and number of wallets opened/holding ALGO has also steadily increased over the last several months with no real fall off... ♠️🤫🐿
Long
by FutureAmericanExpat