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Algobtclong

Algorand (ALGO) formed bullish Shark for another price reversalHi dear friends, hope you are well and welcome to the new trade setup of Algorand (ALGO). Our last successful trade of ALGO was as below: Now on a 4-hr time frame with Bitcoin pair, ALGO has formed a bullish Shark move, at the moment after the completion of final leg the priceline is slightly moved up, therefore, we can wait for some correction. 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.
Long
by moon333
ALGO/BTC - Algorand: Resistance_Breakout◳◱ A Resistance Breakout has been identified on the SIX:ALGO / CRYPTOCAP:BTC chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 0.00000622 | 0.00000639 | 0.00000677, and the major support zones can be found at 0.00000584 | 0.00000563 | 0.00000525. Consider entering at the current price zone of 0.00000623 and targeting higher levels. ◰◲ General info : ▣ Name: Algorand ▣ Rank: 42 ▣ Exchanges: Binance, Kucoin, Huobipro, Bittrex, Kraken, Hitbtc ▣ Category/Sector: Infrastructure - Smart Contract Platforms ▣ Overview: Algorand is a scalable, secure, and decentralized digital currency and smart contract platform. Its protocol uses a variation of Proof-of-Stake (PoS) called Pure PoS (PPoS) to secure the network and reach consensus on block production. Unlike other PoS models, PPoS does not reward, nor does it put validator or user funds at risk of being slashed (a loss of funds used to promote honest node and user behavior). Algorand intends to eventually leverage its PPoS design to form the foundation for an on-chain governance system. ◰◲ Technical Metrics : ▣ Mrkt Price: 0.00000623 ₿ ▣ 24HVol: 14.526 ₿ ▣ 24H Chng: 2.467% ▣ 7-Days Chng: 2.40% ▣ 1-Month Chng: -27.91% ▣ 3-Months Chng: -37.87% ◲◰ Pivot Points - Levels : ◥ Resistance: 0.00000622 | 0.00000639 | 0.00000677 ◢ Support: 0.00000584 | 0.00000563 | 0.00000525 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : BUY ◲◰ Sharpe Ratios : ▣ Last 30D: -6.44 ▣ Last 90D: -1.69 ▣ Last 1-Y: -0.75 ▣ Last 3-Y: 0.51 ◲◰ Volatility : ▣ Last 30D: 0.55 ▣ Last 90D: 0.75 ▣ Last 1-Y: 0.87 ▣ Last 3-Y: 1.20 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.60 - Bullish ▣ Reddit sentiment score is 0.59 - Bullish ▣ In-depth ALGOBTC technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
ALGO/BTC - Algorand: Falling_Wedge◳◱ We've detected a Falling Wedge pattern on the $ALGO / $BTC chart. This pattern is a bullish indication and could indicate a potential trend reversal. The next resistance key levels are at 0.00000826 | 0.000009 | 0.00001016 and the major support zones are respectively at 0.0000071 | 0.00000668 | 0.00000552, We may consider buying at the current price zone at 0.00000738 and targetting higher levels. ◰◲ General info : ▣ Name: Algorand ▣ Rank: 39 ▣ Exchanges: Binance, Kucoin, Huobipro, Bittrex, Kraken, Hitbtc ▣ Category/Sector: Infrastructure - Smart Contract Platforms ▣ Overview: Algorand is a scalable, secure, and decentralized digital currency and smart contract platform. Its protocol uses a variation of Proof-of-Stake (PoS) called Pure PoS (PPoS) to secure the network and reach consensus on block production. Unlike other PoS models, PPoS does not reward, nor does it put validator or user funds at risk of being slashed (a loss of funds used to promote honest node and user behavior). Algorand intends to eventually leverage its PPoS design to form the foundation for an on-chain governance system. ◰◲ Technical Metrics : ▣ Mrkt Price: 0.00000738 ₿ ▣ 24HVol: 18.171 ₿ ▣ 24H Chng: -0.135% ▣ 7-Days Chng: -10.79% ▣ 1-Month Chng: -21.83% ▣ 3-Months Chng: 19.53% ◲◰ Pivot Points - Levels : ◥ Resistance: 0.00000826 | 0.000009 | 0.00001016 ◢ Support: 0.0000071 | 0.00000668 | 0.00000552 ◱◳ Indicators recommendation : ▣ Oscillators: BUY ▣ Moving Averages: STRONG_SELL ◰◲ Technical Indicators Summary : SELL ◲◰ Sharpe Ratios : ▣ Last 30D: -2.72 ▣ Last 90D: 1.30 ▣ Last 1-Y: -1.08 ▣ Last 3-Y: 0.65 ◲◰ Volatility : ▣ Last 30D: 0.81 ▣ Last 90D: 0.79 ▣ Last 1-Y: 0.95 ▣ Last 3-Y: 1.20 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.60 - Bullish ▣ Reddit sentiment score is 0.59 - Bullish ▣ In-depth ALGOBTC technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
$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 0.00001206 | 0.00001266 | 0.00001393 and the major support zones are respectively at 0.00001079 | 0.00001012 | 0.00000885. We may consider buying at the current price zone 0.00001154 and targetting higher levels. ◰◲ Technical Metrics : ▣ Mrkt Price: 0.00001154 ₿ ▣ 24HVol: 54.442 ₿ ▣ 24hChng: 0.874% ◲◰ Pivot Points - Levels : ◥ Resistance: 0.00001206 | 0.00001266 | 0.00001393 ◢ Support: 0.00001079 | 0.00001012 | 0.00000885 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : BUY ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.53 - Bullish ▣ Reddit sentiment score is 0.38 - Bearish ▣ In-depth ALGOBTC technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
$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
by Crypto2AF
$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
by Crypto2AF
ALGO/BTC pumpin!!Here is a quick analysis of the ALGO/BTC chart pumping. Next targets are resistances marked in horizontal ray blue at 4575 sats & purple at 5540 sats per ALGO coin. Big green arrow shows how the trend tested the 200 MA and bounced off of it making to break the downtrend channel that was created. RSI indicator shows how once the downtrend was broken (blue small arrow), it backtested before mooning (orange small arrow). MACD Showing how positive momentum is building up... :)
Long
by subawu
3
The 2nd Best Day to Buy Algorand, 2017 repeat, start of 2nd WaveIt's all been said and done, Algorand shot up from 23 cents to 1.88, printed a double top and finally met a bottom around 90 cents. It's been slower than initially expected I'll admit, but nothing has changed. Now we're going to flat line and shoot up the next leg up to 5 dollars, correct to 2.70 twice and continue to 17 dollars. Bitcoin on the other hand is printing a very similar pattern to the one it printed last September 2020 and September 2017 when it bottomed around 9800 and 2.8. This could suggest the next 2023 bitcoin bottom is around 52k as it heads towards a million dollars for the first time in human history. If the trend continues as it has so far, expect to see a 300k bitcoin around December of this year and an algo price of 113 Dollars early 2022. Great accumulation phase around 5 to 17 dollars range for months to come, very similar to the time XRP hit 45 cents and accumulated all 2017 after that between 15 to 30 cents. Follow On Course Until Successful. This is the year of the Bull. Massive life changing gains ahead. Two opportunities to buy low. Double bottom on the 15 minute timeframe followed by a small M coming up next, least you know it, KABOOM!!!!! Buy at 9 pm eastern time today!!! The most bullish news Algorand has had will be announced early next week. Stay tuned!
Long
by axelrodd
14
ALGO looks primed for a bullish Q2ALGO has been showing off the power of the Chaos PRZ (4.669 and 8.77 fibs) as a targeting tool since early 2020. Having successfully navigated the reload zone in March, this is one we've got a position in for what looks like could be a very strong 2nd quarter for altcoins. The timing of arrival at the. 8.77, as drawn on the chart is arbitrary. The white circle + ? is just there as an illustration! A mini-tutorial on the Reload Zone (RLZ) and Chaos PRZ can be found here Reload Zone youtu.be Chaos PRZ youtu.be
Long
by Randomtask555
1