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ALGOBTC

Algorand (ALGO) - September 29Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (ALGOUSDT 1W Chart) The key is whether you can support and move up in the 0.3310-0.4253 zone. (1D chart) 0.4253 : volume profile point 0.3310: boundary point of the floor section 0.3091 : volume profile point Therefore, it is important to be able to support and move up in the 0.3091-0.4253 zone. As it has moved out of the mid- to long-term downtrend channel, if it finds support in the above area, I would expect a sharp move. However, if it fails to find support and falls below 0.3091, I would expect it to fall below 0.2140. However, as I mentioned in the description of the BTC chart, I think it is time for altcoins to gain support by increasing the BTC price by at least 20.7K. Therefore, before that, it is recommended to trade conservatively when trading altcoins. ------------------------------------------------------------ ----------------------------------------------------- ** 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. ** SR_R_C indicators are displayed 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.) ---------------------------------
by readCrypto
3
Algorand (ALGO) - September 20Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (ALGOUSDT 1W Chart) The key is whether it can rise above the 0.3310-0.4478 section. (1D chart) The price needs to remain above 0.3099 to transition into an uptrend. In order to continue the uptrend, it must rise above the 0.3642-0.3872 section. If not, there is a possibility that it will fall to around 0.2140. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (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.) ---------------------------------
by readCrypto
ALGO/USDT (Trend Line) As the name implies, trend lines are levels used in technical analysis that can be drawn along a trend to represent either support or resistance, depending on the direction of the trend. Think of them as the diagonal equivalent of horizontal support and resistance. Notice how shortly after breaking trend line resistance, the market came back to retest the trend line as new support and formed a bullish pin bar in the process. This allowed price action traders to buy just before the market rallied for up trend
Long
by majidalisabir
Algorand (ALGO) - September 4Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (ALGOUSDT 1W Chart) The 0.3310 point is an important support and resistance point, and whether we can move higher than 0.3310 is crucial. (1D chart) It is mixed, so you need to be careful with your trade. Therefore, it is necessary to confirm whether it can be supported by rising above the 0.3310 point. - In order to continue the upward trend from the current position, it must rise above 0.3601. - For those who are investing in ALGO, we recommend that you take the time to trade to increase the number of coins (tokens) you have. From a mid- to long-term perspective (at least 6 months to 1 year or more), a large uptrend is expected. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (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.) ---------------------------------
by readCrypto
Algorand (ALGO) - August 23Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (ALGOUSDT 1W Chart) The key is whether it can rise above 0.3310 and find support. (1D chart) If it does not rise above the 0.3099-0.3310 section, there is a possibility that it will fall to around 0.2140. - Since the RSI, Stoch RSI, and CCI(9) indicators have all entered the oversold zone, if they start to break out of the oversold zone, it is likely to lead to a big rise. To do that, you need to find support at or above the 0.3099-0.3310 range when you break out of the oversold zone. If it doesn't and it's finding resistance as it is now, it's likely to lead to further declines. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (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.) ---------------------------------
by readCrypto
1
Algorand (ALGO) - August 12hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (ALGOUSDT 1M Chart) The key is whether the price can be maintained above 0.3310. (1W chart) The key is whether it can find support at the 0.3310-0.4478 zone and move higher than 0.6704. - The RSI indicator is out of the oversold zone, but the Stoch RSI indicator is entering the overbought zone, so it is expected to show a mixed trend. (1D chart) It seems likely that a trend will form in a direction that deviates from the 0.3099-0.3872 range. A move above 0.3872 is expected to rise above 0.4478. However, holding the price above 0.3310 is expected to lead to an attempt to move higher above 0.3872. If it falls below 0.3099, it is expected to decline to around 0.2140. Therefore, if it falls below 0.3099 and resists, a stop loss is required to secure cash. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
1
Algorand (ALGO) - July 31Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (ALGOUSDT 1W Chart) The key is whether it can find support and move higher near 0.3319. (1D chart) Primary resistance: 0.3872-0.4478 Secondary resistance: 0.5993-0.6704 Support: 0.3099-0.3319 If it finds support above the HA-High indicator of 0.3414, I would expect it to move higher. A break below 0.3099 to find resistance is expected to lead to further declines. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
1
Algorand (ALGO) - July 19Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (ALGOUSDT 1W Chart) It is expected that an upward trend will occur when it breaks above the 0.4253-0.6132 section. (1D chart) Primary resistance: 0.3689-0.3872 Secondary resistance: 0.4253 Support: 0.3091-0.3310 The key is whether we can break through the 0.3689-0.3872 section, which is the primary resistance section, upwards. ------------------------------------------------------------ ------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly as price and volume move. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
Algorand (ALGO) - June 30hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (ALGOUSDT 1W Chart) Below 0.5021 is likely to be a mid- to long-term investment area. (1D chart) Below 0.3310, it is likely to enter the long-term investment realm. So, the key is whether it can move higher than 0.3091-0.3310. Rather than rising immediately, it is likely to rise after it leads to a further decline. As I said in the explanation of the BTC chart, I think that it is more likely to rise faster if it moves sideways while showing a large fluctuation. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (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.) ---------------------------------
by readCrypto
Algorand (ALGO) - June 16hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (ALGOUSDT 1W Chart) The 0.5021-0.6132 section or less is likely to be a mid- to long-term investment area. Therefore, the key is whether it can move higher than the 0.5021-0.6132 section. (1D chart) An important volume profile section is formed around 0.3091. Therefore, if it falls below 0.3091, there is a possibility of entering the long-term investment area, so careful trading is required. Looking at the overall picture, the volume proifle section is formed over the section 0.3091-0.6132. Therefore, it needs to move above 0.6132 to continue the uptrend. Once you see support at 0.3310, you can make an aggressive buy with a small amount. This aggressive buy can be used as a way to increase the number of coins for profit by making short-term trades. A full-fledged buy is possible when we see support in the 0.5021-0.6132 section and rise above 0.6132. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (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.) ---------------------------------
by readCrypto
1
#ALGO/USDT 1DAY UPDATE BY CRYPTOSANDERS Welcome to this quick ALGO/USDT analysis. I have tried my best to bring the best possible outcome in this chart. Reason of trade:- ALGO/USDT PARALLEL CHANNEL brake the green and trandline and buy the retest green zone. PARALLEL CHANNEL green zone. (SPOT CALL) Entry:-$0.4230,$0.4625 Traget:- 30% Stoploss:- $0.3555 Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. Thank you...
Long
by CryptoSanders9563