ALGO LONG - Consolidating before 2.2 retestALGO LONG
Entered in the white box when body of daily candle closed above red dotted line (down trend line) to confirm a possible uptrend
Target is 2.2 (green line which is the previous rejection point before all time highs) but rejected at 2.1 twice.
Where we are now
ALGO showing strong support at 1.7 and is currently consolidating before next run. Need a closed daily candle above 2.0 before we are out of this consolidation zone (purple box)
mrnicegvy
Algo
ALGO fake breakoutALGO has given a fake break out signal over the last days, as stated in my previous idea this was a possibility, since markets never gives you what you want straight away.
Plan doesn't change, I'm adjusting the possible timeline for ALGO to remain in it's triangle while BTC will be consolidating.
I would see anything at or under 1.65$ to be a big buy opportunity going into the end of the year.
No panic, let the market do what he wants.
ALGOUSDT Technical Analysis⏳ Spot
💎 ALGOUSDT after breaking above the symmetrical triangle, it has been making HHs and HLs in the ascending channel. After the pullback it has the potential to go higher
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 1.9455 - 1.8600
☕️ TP1 2.1200
🍺 TP2 2.2666
🍻 TP3 2.4700
🍾 TP4 2.7000
🍷 TP5
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 1.7700
Good Luck 🎲
Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️
Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
We will have more FREE forecasts in TradingView soon
Have a profitable day 😊👍🏻
ALGO 4h breaking out teh triangle !In ALGOUSDT 4h
It try to breaking out the triangle .
If the breakout can be confirmation with short upper shadow
*at least higher than level 0.618(1.8739)
SL:1.5997
TP1:2.0935
TP2:2.2498
TP3:2.3131
TP4:2.4487
TP5:2.6683
If you like this analysis, give it a like or share your thought or let me know what crypto TA you want to know.
Algo Chart Analysis #ALGOUSDT 4H Chart SIGNAL by CryptolernersBD
♻️ HEY, Guy's. Algo Creating A Triangle Chart Pattern. Now We Need To Wait For Breakout. Algo Currently Above The Previous All Time High. Keep It In Your Watch List. We Will Buy If Price Close Above The Trend Line Resistance & Also Above $1.86. And Our Stop-Loss Will Be 4H Candle Closing Below $1.70.
SO WAIT FOR BREAKOUT....✅
1D Chart...
💡Don't miss the great buy opportunity in ALGOUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.8582).
. 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 64.
Take Profits:
TP1= @ 2.0632
TP2= @ 2.1543
TP3= @ 2.3266
TP4= @ 2.5572
TP5= @ 2.7000
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 ❤️
💡Don't miss the great buy opportunity in ALGOUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.8582).
. 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 64.
Take Profits:
TP1= @ 2.0632
TP2= @ 2.1543
TP3= @ 2.3266
TP4= @ 2.5572
TP5= @ 2.7000
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 ❤️
Algorand (Breakout)Algorand is breaking out and testing the $2.00 price target.
Taking a copied bars pattern from October 23rd to October 25th (yellow bars) Algo could see $2.05 to $2.10 by October 27th. Trading is expected to stay within the yellow parallel lines. Large green line is overhead resistance. R.S.I Divergence has broken out of the parallel lines (orange lines). The relative strength index is expected to touch the upper orange lines (at least) with a possible touch on the lower orange line-possibly touching down to the 30% marker before another breakout.
resistance at $1.93 and $2.00.
ALGORAND - Price Could AcceleratePrice has broken out of the wedge as you can see on the chart. This means volatility and velocity. Price could rise faster now.
Support is now technically at 1,78 and next resistance is all the way up to 3,4$
News: Sequoia Games Brings Augmented Reality to Board Games Using Algorand Blockchain
The Catan-style game combines a physical board with NFT-backed characters that can be bought and sold between players on Algorand’s blockchain www.coindesk.com
Sequoia Games has tapped Algorand as the digital ledger behind its new Flex NBA product, a National Basketball Association-licensed board game that uses augmented reality.
The company said Tuesday that Flex NBA is a turn-based board game with similar mechanics to Catan that’s played with a physical board in combination with a mobile app.
the FXPROFESSOR
MY NOT SO MINIMALIST ANALYSIS OF ALGORAND$ALGO
10.25.21
1931H +8 SINGAPORE
ALERT: About time for $ALGO to PUSH UPWARDS.
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
"FOLLOW THE WHITE RABBIT!"
HOW TO USE THIS MINIMALIST CHART
Created on a MONTHLY, WEEKLY & DAILY Analysis (The Dynamics of the Market.)
It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it.
The LARGE BOXES (Tops and Bottoms) are MAJOR pivot points that will occur, while the SMALL BOXES (Tops and Bottoms) are MINOR pivot points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS
and even if you wish to hold longer for a CONSERVATIVE MAXIMUM TARGET AREA OF VALUE (Depending on, if the conditions are right.)
At times I include WAY BEYOND PARABOLIC Price TARGETS.
Watch out for your Volume, Chart Patterns, Candlestick Math, Price Action, and especially your Fibs, Market Dynamics, and trading psychology.
The above-mentioned is sufficient enough as a major deciding factor for this MINIMALIST CHART.
Note: That This CHART is best used without indicators. (As we all know, they lag.)
ALGO/BUSD Symmetrical Triangle Breakout Target Prices (UPDATE 1)TP Targets of SOL/BUSD following a breakout from the symmetrical triangle pattern. Update on my initial ALGO/BUSD idea.
₿ MATICUSDT 1D ₿ : 24.Oct.2021This analysis is a check of the chart in a Daily time frame and everything is clear on the chart and does not need additional explanation ... However, if you have any questions, feel free to ask . My personal opinion : Personal review to buy (Buy Recommendation)
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @Ar_M_An_4
📅 24.Oct.2021
⚠️(DYOR)
Confirmed #Algorand goes longAfter weeks of consolidation and a confirmation of
a breakout on the top trend line in a symmetrical
triangle... Along with upwards momentum shown
below on the MACD I believe the next week will be
very bullish for $ALGO. Even a retest of 2.50$ ATH
price level is within reason.
Additionally "Governance" on Algorand's blockchain
currently has 1.88 billion $ALGO essentially being
locked away from the circulating supply for high
rewards until the New Year.
If $BTC stays the course or even falls a bit in price
$AGLO will be making some drastic moves. First
profit level I anticipate is 2.10 then a sharp move
upwards to 2.40 followed by a retest of the 2.5ATH
Getting in under 2$ mark will make for some nice
profits in the short term and in the long term the
staking and governance rewards will have many
traders coming back as return customers on this
blue chip alt.
-Cheers!