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Algo

Algorand (Bullish Scenario to $3.00)A possible "Big W" Pattern (pink circles) may be forming, indicating a continued Bullish scenario. Algo is breaking out a a large bull flag pattern, (large orange triangle, partially seen here) with a price target of $2.75-$3.00, and is generally using measured moves up to do this. A breakout from the large W Pattern with a 46% increase would point to a Price Target of $2.86 ($2.57 starting from the lowest point in the W pattern). Algorand would need to stay above $1.90-$1.93 (generally) in order for the breakout to occur. If Algo dips below $1.77-$1.74 this could indicated additional sideways trading for several days/weeks. Additional Trading Journal notes: Registration for Algorand's new Community Governance ends 10-14-2021. Sideways trading could be seen until this date, after which the price of Algo is sure to go up (due to the number of tokens locked up causing the price and value of Algorand to rise.) related Algorand published ideas posted below:
Long
by marcosdaunte
Reiterating Bullish Call on Algo (Algorand)Crypto space is starting to go bonkers and with this happening, it's wise to choose the strongest one In my opinion, it's ALGO or Algorand. Been watching this crypto for almost a month now and here's what I like about it: *ALGO corrected and stabilized on the 50 Day MA while ETH and BTC on the 100 DAY MA, a sign of relative strength *MACD Cross up, MACD + *Area Pattern: Falling Wedge, a Bullish one *Histogram soon to be on the positive side - a sign that downward momentum is about to reverse direction *Area Pattern breakout retest, now acting as support ($1.80 level) *Volume Contraction Pattern With all this plus the bullish environment, it's tough to say no to ALGO. Let's go! For my entry strategy, check link below Good luck!
COINBASE:ALGOUSDLong
by kevvela
2
This Indicator just went long BTC for the first time since July!We've cleared this supply on BTC and are now looking for that upper level level at 52k after the first BTC long signal since July on the 1D The big round number that is $50,000 tends to hold a level of important psychologically with traders (Think 10k, 20k, 30, 60k for the first time.. and how that played with emotions). That's why despite the structure to the left giving up clean air to 52k, i'm playing with caution until 50k is confidently broken. This is a key level for BTC and emotions are running high, which means we need to brace for some BTC chop. Despite that, i'm expecting big things in Q4 2021, BTC seems to be pulling away from the traditional markets and standing on it's own 2 feet, which means big profits for traders like you and I. Please trade at your own risk and do your own TA and I'd love to hear your thoughts below. Take care friends. - May the profits be forever in your favour.
BITSTAMP:BTCUSD
by Unity-Trading-Group
ADAUSDT Analysis - ADA wants to go Higher to $2.40+?ADA sitting nicely inside this triangle formations, which are rife across the alt market currently and many are looking to follow BTC's upward momentum. 50k and those big round numbers can often play with the emotions of traders, where many might look to close longs or open shorts, so being prepared for a potential bit of BTC chop is a good idea as we approach that level. Nonetheless we're seeing strength and upside moves across a number of alts ($ICX, $ALGO, $OMG) for example, so to see more from the major pairs is to be expected, particular once we break that 50k level. Still trading with pretty tight stops across alts as we head 50k, but the market is offering some good opportunities to be well placed for Q4 Would love to hear your thoughts or see your chart below. - May the profits be forever in your favour.
Long
by Unity-Trading-Group
Algorand (Bullish Scenario to $3.00)Algorand is currently charting several measured moves up, and at times showing an even more bullish scenario with R.S.I Divergence. With Algo's Community Governance now in the "sign-up-stage" ending October 14th, the token is sure to see continued bullish movement with an overall price target at : $2.75-$3.00, (breaking out of the large bull flag pattern, seen as the orange triangle.) Algorand is also charting nicely with a rounding bottom, (seen as the black curved line). Support/Floor at $1.50 with resistance at $1.90-$2.00. Algo will likely test the $1.90 price target, after which the token should see an almost parabolic move up to $2.00 (and beyond.) If Algorand falls below $1.90-$1.80 though, I would expect general sideways trading between the $1.50 to $1.80 range for several days possibly weeks. If Algo reaches the $2.40 price target (while still within the rounding bottom pattern) I would expect it to break out of the prior move (rounding bottom) but with an overall price target of $2.75-$3.00 still. related Algo published ideas linked below:
Long
by marcosdaunte
ALGO/USDT Algorand removes the technical barriers that for years undermined mainstream blockchain adoption: decentralization, scale, and security. Now you can build on a stable platform you trust. Our consensus mechanism is permissionless and PURE PROOF OF STAKE™. It ensures full participation, protection, and speed within a truly decentralized network. With blocks finalized in seconds, Algorand’s transaction throughput is on par with large payment and financial networks. And Algorand is the first blockchain to provide immediate transaction finality. No forking. No uncertainty. The era of a decentralized, borderless economy is here. Algorand is the foundation. Now what will you build?
Short
by itsFaroukS
ALGOUSDT Technical Analysis ⏳ Spot 💎 ALGOUSDT has formed a symmetrical triangle and after the breakout it might go down for a retest and then continues the Bullish move. The Pullback are is at around 1.7070 🏁 Short & Medium Term 💵 Invest Only 5% of your Portfolio 🎳 Entry at market or 1.7070 ☕️ TP1 1.9550 🍺 TP2 2.0650 🍻 TP3 2.2222 🍾 TP4 2.4000 🍷 TP5 2.5555 🍸 TP6 ______ 🍹 TP7 ______ 🎁 TP8 ______ 🚫 SL 1.5500 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
Long
by Fibonacci-Signals
💡Don't miss the great buy opportunity in ALGOUSDTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.7078). . 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 66. Take Profits: TP1= @ 1.9526 TP2= @ 2.0650 TP3= @ 2.2250 TP4= @ 2.3999 TP5= @ 2.5568 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
15
💡Don't miss the great buy opportunity in ALGOUSD Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.7078). . 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= @ 1.9526 TP2= @ 2.0650 TP3= @ 2.2250 TP4= @ 2.3999 TP5= @ 2.5568 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
16
ALGOUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. We are in a 4-hour time frame. As you see, the price has been able to break the resistance line and start moving upwards. We have drawn a support line for you that can support the price. At the moment, the price can move towards its resistance and if it breaks and stabilizes above it, then it can move towards the next resistance. It is possible that when it reaches the resistance line, falls to the support line and then moves upwards. Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position. Wish you luck
Long
by MarsSignals
The Sad Reality- So this post is not a Cosmos analyse. - i just wanna teach peoples and help peoples. - So u want to know if your altcoin is a good invest or a shitcoin before the end of this bullrun ????, i will show you how to detect it. - Take any of your coin and draw a Line from May 8 ( Last BTC Dip) to Now and check this Line. You will see very fast if your own coin is in Bullish or Bearish Mode. Have many reasons for a coin to be in Depression ( Fails, Hacks, Delays, Slow Exit Scams, Evacuate coins on Peoples, etc.. ), that said, some teams know what they do, and they will Pump their coin at the good time ^^. - The Big question u have to ask to yourself is : " Why i wait for moon on my coin..... While am waiting for the Moon, some others coins are Mooning Already !" - So as first exemple i took COSMOS ATOM and as you can see, it's BULLISH. - i will add some populars Coins/Tokens in next comments to show you some results with a simple trendline ! this post is not an investment advice for any altcoins!, it's just the reality. Happy Tr4Ding !
KRAKEN:ATOMUSD
by thecryer
20
ALGO next move could be a big oneI have been following ALGO closely, its shown very positive signs and next move could be big. Last trade I set a modest price target just below global trend which it reached. Now it is pushing up on global trend which will also be a likely bullflag breakout. Which should attract a lot of attention Look for break and retest above global trend and previous daily support around 1.85 If it pulls back from here look for a reset in the 1.75-1.65 range then watch for a break up of global trend. Possible to open a higher risk trade on the reset with a stop loss of 2 ATR. Look for buy setups on lower time frames Check my previous post for more details, make a plan and follow it! As always, keep an eye on the health of BTC
by jamoooo
3
Algorand (heading to $2.00)Algorand's Community Governance is open, and enrollment closes mid-month. Algo is currently seeing a breakout from a larger Bull Flag, followed by this small Descending Triangle (seen within the red lines). Assuming this pattern might be part of a larger move, this could be a measured move up with a price target of $2.00. This move might be seen as the copied bars pattern from the previous swing up. (seen as the purple bars). Support/Floor at $1.50 with resistance at $2.00. related published Algorand ideas linked below.
Long
by marcosdaunte