ALGOBTC
ALGO/BTC (Testing Strong Support)💎Technical Analysis Summary💎
BINANCE: ALGOBTC
-Algorand is now testing a strong support area
-This zone is a confluence of previous resistance and support
-If ALGO can hold this area for a few days
-And BTC starts consolidating normally
-There is a chance, this coin will bounce up to 3500 sat
-But if the support fails, the next level to watch is 2000 sat
-So please be careful, I don't advice to buy at market price yet
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ALGOUSD - Bearish Continuation Pattern or Bottoming Pattern?Algorand looking as if it is building one massive broadening triangle which could go into both direction when hitting the bottom.
Looks very bearish at the moment. Also built a H&S in shorter time frames. Good luck with that one!
Happy Trading!
Algo next move detailed... not yet long setupI expect market to be bearish next days, because of BTC dump...
We have formed a channel, now we are @ top line and also EMA200 on 4H 6H 8H charts
Very possible to drop until fib 0.718, previous big support and also bottom of the channel 0.24 area
From there is will be best long setup until 1$ - 2$
Algorand is a very very very good project, is a game changer for blockchain but market will be one time shake-out before we have a nice BTC bullrun until 13-14k
Cheers !!!
MAKING THE MOST OUT OF A DIP — 100DAYS OF TA, DAY 75Time Frame: Daily, 4Hour, and Hourly
Hi guys,
Welcome back! Day 75 of the 100 Days of TA is here! Today's spotlight is on ALGO (ALGOBTC). I talked about how we can make the most out of the current dip. It's more like a continuation of the ALGO video I posted a few days ago
Have fun watching today's video! If you think there's something I should add or maybe there's any coin you have your eyes on? You can drop in the comment section.
Always remember that this is Technical Analysis and it's a game of probabilities.
Thanks for coming today!
See you tomorrow!
ALGO/BITCOIN ABOUT TO DO ITS THING? — 100DAYS OF TA, DAY 73Time Frame: Daily, 4Hour, and Hourly
Hi guys,
Welcome back! Day 73 of the 100 Days of TA is here! Today's spotlight is on ALGORAND (ALGOBTC). I talked about the next direction of ALGORAND and the whys. I showed some setups here, what usually happens and what would happen.
Have fun watching today's video! If you think there's something I should add or maybe there's any coin you have your eyes on? You can drop in the comment section.
Always remember that this is Technical Analysis and it's a game of probabilities.
Thanks for coming today!
See you tomorrow!