ALGO LOOKS BULLISHHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ALGO symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
ALGOBTC
$ALGO/#BTC [#Algorand]: BBand_Breakout Hey traders, we've identified a Bollinger Band breakout on the $ALGO / $BTC chart. The price has moved outside of the upper Bollinger Band, which can indicate a potential bullish trend. The next resistance key levels are at 0.00001192 | 0.00001262 | 0.00001425 and the major support zones are respectively at 0.00001029 | 0.00000936 | 0.00000773. We may consider buying at the current price zone 0.0000119 and targetting higher levels.
Technical Metrics :
Current price: 0.0000119
24H Volume: 36.9450 Ƀ
24H Price change: 5.872%
- Pivot Points - Levels :
Resistance: 0.00001192 | 0.00001262 | 0.00001425
Support: 0.00001029 | 0.00000936 | 0.00000773
Indicators recommandation :
Oscillators: NEUTRAL
Moving Averages: STRONG_BUY
Technical Indicators Summary : BUY
- In-depth ALGOBTC technical analysis on > Tradingview TA page
$ALGO/#BTC [#Algorand]: ResistanceBreakout+ConfirmationWe've detected a Resistance Breakout and Confirmation on the $ALGO/$BTC chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are at 0.00001157 | 0.00001213 | 0.00001337 and the major support zones are respectively at 0.00001033 | 0.00000965 | 0.00000841. We may consider entering a trade at the current price zone at 0.00001104 and targetting higher level.
- Technical Metrics Index:
-- Current price: 0.00001104
-- 24H Volume: 48.4664 BTC
-- 24H Price change: 7.498%
- Pivot Points - Levels:
-- Resistance: 0.00001157 | 0.00001213 | 0.00001337
-- Support:0.00001033 | 0.00000965 | 0.00000841
- Indicators recommandations:
-- Oscillators: BUY
-- Moving Averages: STRONG_BUY
--Summary: BUY
Algorand (ALGO) formed bullish Gartley | A good buy opportunityHi dear friends, hope you are well and welcome to the new trade setup of Algorand (ALGO).
Previously we caught more than 53% pump of ALGO as below:
Now a 4-hr time frame, ALGO has formed a bullish Shark pattern for another pump soon.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
algo can go upHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ALGO symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Algorand (ALGO) - November 28Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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(ALGOBTC 1W chart)
In order to get the power to rise, it must be supported by rising in the range of 0.0000 1970 to 0.0000 2452.
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(ALGOUSDT 1W Chart)
In order to continue the uptrend, it needs support by rising to the 0.4253-0.6132 zone.
To do so, the key is whether it can rise above 0.3310.
(1D chart)
We need to see if the price can sustain it by moving above 0.2651.
If not, you need to check if there is support around 0.2140.
Since the HA-Low line is located near 0.3101, it should either move sideways until it declines or swing it up and down to make it fall.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If this chart is shared, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
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ALGO Loading up for a move! Here's a quick look at ALGO 30 min chart. As we can see, the price has been forming a symmetrical triangle and we will see a breakout soon! Keep an eye on this setup!
The best entry would be when the price breaks above 0.302$ with a good amount of volume.
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The idea is: Buy when the price breaks above 0.302$ and take profits at the levels shown in the chart.
Targets:
1. 0.306$
2. 0.31$
3. 0.327$
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern if validated or a powerful reversal pattern, in the event of failure.
3. three potential triangle variations can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
-------------------------------------------
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Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
ALGO's remarkable growth!ALGO has registered a growth of 11% in the last 24 hours. The price of this currency, which is in a range trend in the daily time frame, broke (fake) its support level in the range of 0.26 to 0.28 dollars. The support of buyers has led to the return of high prices in this area. Therefore, we expect a good reaction in case of a pullback to this area. The overall trend momentum is still bearish, and there is selling pressure in the market. The price trend of this currency is upward in the 1-hour time frame, but considering the range of the trend in the 4-hour time frame and the resistance in the range of 0.32 to 0.33 dollars, we expect a negative reaction to this range. For the next week, if this currency returns above the range of $0.36, it is likely that we can see an upward trend in the 4-hour time frame.
Keep an eye on ALGO! World Cup starting this weekend!Here's a quick Look at ALGO 2 hr chart. As we can see, the price has been forming an inv. head and shoulder pattern and we could see a break above the neckline soon - It all depends on BTC! Also, World Cup starting this weekend - we should expect some movement from ALGO!
The best entry would be when the price breaks above 0.285$ with a good amount of volume. One to keep an eye on.
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The idea is: Buy when the price breaks above 0.285$ and take profits at the levels shown in the chart.
Targets:
1. 0.293$
2. 0.3$
3. 0.318$
4. 0.338$
-------------------------------------------
What are triangles when it comes to trading?
Key points:
"1. In technical analysis, a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern if validated or a powerful reversal pattern, in the event of failure.
3. three potential triangle variations can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Algorand (ALGO) - November 16Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(ALGOBTC 1W chart)
In order to gain the power to rise, it must rise in the 0.0000 1970 ~ 0.0000 2452 section and show support.
----------------------------------------
(ALGOUSDT 1W Chart)
The key question is whether it can rise to the 0.4253-0.6132 range.
To do that, we need to see if it can rise above 0.3310.
(1D chart)
Below 0.3310 is likely de facto long-term investment territory.
Therefore, it is important to keep the price moving above 0.3310 quickly.
If not, a decline below 0.2140 is likely.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
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ALGO/USDT - LONG 12H TF----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
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⚡️⚡️ #ALGO/USDT ⚡️⚡️
Client: My-Binance Futures
Trade Type: Breakout (Long)
Leverage: Cross (2X)
Entry Targets:
1) 0.4550 - 100.0%
Take-Profit Targets:
1) 0.4843 - 20.0%
2) 0.5297 - 20.0%
3) 0.6062 - 20.0%
4) 0.6742 - 20.0%
5) 0.7319 - 20.0%
Trailing Configuration:
Entry: Percentage (0.0%)
Take-Profit: Percentage (0.0%)
Stop: Breakeven -
Trigger: Percent (10.0%)
Algorand (ALGO) - November 5Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(ALGOUSDT 1W Chart)
The key is whether it can be supported by rising to the 0.4253-0.6132 section.
(1D chart)
The key is whether it can find support near 0.3853 and move above 0.4253.
If it doesn't, it is likely to drop to around 0.3421.
A volume profile section is formed over the section 0.4253-0.6132.
Therefore, if it rises above this section, it is expected to show a full-fledged upward trend.
------------------------------------------------------------ -------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** HA SRRC indicators are expressed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
The best day to buy Algorand, 2016 repeat, end of altbear marketNotice the repeating pattern from March 29th Midnight GMT. This is the bottom. Alt season is about to start as Bitcoin Dominance plummets. Ripple and Institutional Blockchains like Algorand and Vechain are about to take over the space.
This is it, the great reset is set to start as early as March of 2021. Check IMF reports, a massive Gold sell off is coming.
Algorand Diamond BottomAnother idea that I have is algo diamond bottom pattern, in addition to my old idea of brodeading bottom pattern posted months ago. On logarithmic chart you can see the target, according to textbooks.
ps\ FIFA is in November, in case if anyone needs the news to justify that possible price increase.
Algorand (ALGO) - October 18Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(ALGOUSDT 1W Chart)
The key is whether it can rise above the 0.3310-0.4253 section.
(1D chart)
The key is whether it can be supported by rising above the 0.3310-0.3425 section.
In order to continue the uptrend, it must rise above the 0.3722-0.3938 section.
If it goes down, you should check to see if it finds support at the 0.2865-0.3091 zone.
The 0.3310 point or lower is most likely a mid- to long-term investment area.
Therefore, it is important to keep the price above 0.3310.
However, since the volume profile section is formed around 0.4253, it is recommended to trade from a short-term perspective until it rises above 0.4253.
------------------------------------------------------------ -------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** HA SRRC indicators are expressed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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