Algobitcoin
ALGOBTC | A strong bullish setup for end of Jan 2021Hey friends, hope you are well and welcome to the new update on Algorand (ALGO).
On weekly chart, the price action of ALGO coin is at the strongest down trendline support.
While the priceline is at the support the stochastic has given bull cross, RSI is in uptrend and the MACD indicator has given weak buying signals on weekly chart.
On daily chart, the price action of ALGO coin has completed the harmonic Gartley move and entered in potential reversal zone. Here we have a support of 25 SMA in buying zone. The 50 and 100 simple moving averages are also moving down to form bull crosses with each other.
On long-term weekly chart the priceline has completed a bullish Shark harmonic move and at the moment the price action is moving within the potential reversal zone.
The priceline may move at this level uptil the end of Jan 2021. Because the ichi moku bearish cloud is showing weak bearish cloud signals at that time. So a powerful rally can be expected at the end of Jan 2021.
Conclusion:
The price action has a support of strong trendline, the bullish Gartley is completed and also a bullish Shark move is another strong bullish signal. But the trendline or PRZ level or Shark should be used as stop loss to minimize the risk.
Negating this VERY bearish pattern and reverse back up?*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. You should always do your own due diligence before trading or investing.
*Follow me for the latest cryptocurrency analyses on my watchlist
*Thank you to those who donated, I very much appreciate it.
*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
ALGOBTC formed bullish Cypher | Upto 76% move expectedThe priceline of Algorand (ALGO) has formed bullish Cypher on weekly chart, the targets as per Fibonacci sequence of Cypher are as below:
Potential reversal or buying zone: 0.00003233 to 0.00002683 btc
Fibonacci projection or sell zone: 0.00003666 to 0.00004732 btc
Regards,
Atif Akbar (moon333)
ALGO/BTC bullish time !!!!!!!================ BINANCE:ALGO/ BTC ================
ALGO / BTC breakout the line
as u can see
AlgoHIT THE BREAKOUT LINE
maybe it's time the WEAK UP
and make revearsal pattern tu bullish time
the reason
1. algo cross the falling wedge
2. bullish engulfing
3. the price is up from ema 14,20,50,100
and wait to cross ema 200 and bullish
let see elliot wave. we wait for wave 1 if stop and correction we can wait for pullback to wave 2 and entry and ready to moon wave 3.
==============================================
Trading is High Risk
THIS IS NOT ADVICIAL MANAGEMENT
Please use Risk Management and your stop loss
==============================================
support my channel
Thumbs Up, Comment & Follow
Happy Trading
Thank You and GOOD LUCK! :)
==============================================
ALGOBTC forming bullish Shark | Upto 55% bullish movePrice action of Algorand / Bitcoin is forming a bullish Shark and soon it will be entered in potential reversal zone insha Allah.
This PRZ area should be used as stop loss in case of complete candle stick closed below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00002955 to 0.00002636
Sell between: 0.00003342 to 0.00004086
Regards,
Atif Akbar (moon333)
ALGOBTC formed bullish BAT |Long opportunity upto 17%Priceline of Algorand / Bictoin has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00002770 to 0.00002703
Sell between: 0.00002931 to 0.00003172
Regards,
Atif Akbar (moon333)
ALGOBTC formed bullish Crab a good buying opportunityPriceline of Algorand / Bictoin has formed a bullish Cypher pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00003066 to 0.00003002
Sell between: 0.00003116 to 0.00003236
Regards,
Atif Akbar (moon333)
Algorand/Bitcoin (Aug 20) #ALGO $ALGO #BTC $BTCAccumulate : 570-580
Sell : 650-700
Stop : Under 565
Buyback Plan : 520-540
Buyback Stop : 515
Algorand/Bitcoin (Aug 09) #ALGO $ALGO $BTC #BTCALGO is still fluctuating in bullish patterns, so our plan is to buy the low price and wait to sell with profit!
At this time, we can wait it to buy at 620-580 or even 550-500sts
We can hit 690sts in just 3 days
