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Algo

ALGO, pay attention to this key level!On the ALGO chart you can highlight the key level of $1. Now this level acts as resistance. The price has already tested this level several times, with each test the level is weakening. Therefore, in case of squeezing and breakout, there could be a good opportunity for buying. But the whole market is in a downtrend right now, and many breakouts end up with a false breakout. Therefore, in case of a false breakout there might be a good opportunity to sell. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
by Yuriy_Bishko
2
XRP, MKR, ALGO,THETA: Curved Tops Suggest Incoming CapitulationHi All! As highlighted in my last analysis, BTC has two choices to make regarding the 100W MA and 200W MA. This choice will likely propel that market in that direction. Shown here are 4 altcoins that have formed a bearish "pattern" - curved top of the downtrend, similar to a parabolic uptrend, but just pointed this opposite way. There are many examples of this curved top ending in some strong bearish move to the downside with an example being here: Each of these coins have also broken their 400+ day trend lines in a bearish way. Each chart has two support lines that show the high demand & deep liquidity zones. Not everything in the market looks this way, but these coins may suggest of whats to come for the rest. To void these curved cliffs, price must break over and hold for some days. As always, this is my opinion & NOT financial advice! Thanks for reading, Please comment and like!
by traderview2
2
Algorand (ALGO) formed harmonic bullish Shark for upto 276% moveHi dear friends, hope you are well and welcome to the new trade setup of Algorand (ALGO). During the previous crash of May 2021, Algo formed the bullish harmonic Gartley pattern and we had a nice trade which I shared with you as below: Now during the current crash, again on the weekly time frame, chart, ALGO has formed bullish harmonic Shark pattern for a big bullish reversal move. Right now after completing the final leg, it is moved slightly up, therefore, we can wait for the candlesticks to re-enter the buying zone.
Long
by moon333
ALGO - Urgent Update w LevelsBad News: Bitcoin tumbled in an extended selloff for cryptocurrencies, falling past $39,000 to its lowest level in more than five months. The largest token sank 5.6% on Friday, marking a three-day downturn. Other cryptocurrencies were similarly in the red as investors offloaded risky bets in a volatile week for global markets. Ether fell below $3,000, losing as much as 8.8%, while Solana, Cardano and Binance Coin also slumped. Here is our chart with updated levels. Remember to keep your cool and deal with every situation in the best way. One Love, the FXPROFESSOR
Long
by FX_Professor
1
AMC - Squeeze Scenario (Cycles, Patterns, Crash)(Not Financial Advice) Posting this scenario, constructed using the current (62 day Cycle) I have been tracking, as well as comparing them to both Doge's and Lucid's Cycle. This scenario also takes into account the possibility of a market crash event. The market is a bit shaky and there is a lot of uncertainty, if we see pressure start to drop the index's around April then a potential cup and handle pattern would be likely to play out, a ripple effect with overleveraged shorts on AMC, would be the ultimate catalyst imo.
NYSE:AMCLong
by TradingWithEmotion
2
ALGO/USDTALGO/USDT is one of my favorite fast recovery coins that could benefit you a lot in future months. Though based on the current chart analysis, I observed side-by-side movement in ALGO, as ALGO is following BTC in a respectful manner. Side-by-side movement is good for market health. Though if someone wants to take entry in ALGO so they can start doing DCA (Dollar Cost Average) to $1.45 Note. Do your own research too. My analysis are based on Indictors and Market sentiments. (Keeping market volatility in mind)
Long
by Hasnat_Yusufzai