Hi 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:...
◳◱ 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...
◳◱ 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...
Algorand looks good and I think we can trust it and publicly we see a positive movement in the coming days.
◳◱ 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...
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...
We'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 |...
Hi 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...
Another 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.
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...
Algorand is in a nice setup towards the downtrend-line - if it breaks chances are that we can see +180% from here within the next 90 days. Even more realistic if Altseason is about to start. The slim white lines represent support/resisitance-levels that we want to overcome. Good luck. Trade carefully. Be happy with 10% every here and there. Consider stop-losses
ALGO looks very good and I think we'll see that soon with green candles
Algo will be alright, just adding comedy since my projection was wrong. This might be the dip to buy, it hit my buy dip target of 1.60 earlier today. It could bleed more so i am watching it throughout today and the beginning of the week here. Everything is red today, so just be patient and DCA when you think its time.
ALGOBTC is rejected from the upper bound of the channel. In my opinion it will retry to break it. See also:
Crypto Analysis: Algobtc has formed triangle pattern, looks good buy around marked demand area with bottom demand zone as stoploss level, also once it breaks above supply zone espected to reach the given target and percentage. Lets see Happy Mining!
After breakout event in ALGOBTC chart (please see the following link), it seems that ALGOUSDT is preparing to reach targets higher than $4 by the end of the year.
It seems that ALGOBTC chart is breaking out the triangle pattern from its top edge. If such a breakout gets fixed, it may be considered as BUY or LONG SIGNAL on ALGOBTC chart by the end of the year (please see my ALGOUSDT analysis too)
ALGO looks good and i think we will see green candle on its chart in the next few days