#ALGOBTC.. IF IT IS NOT NOW, WHEN? I think there is no need to say much for #ALGOBTC, ALGO should act against Bitcoin soon..
Although there is no signal about returning from the bottom up yet, I think Bitcoin will bind to bed for a while and there may be opportunities in some altcoins, we will wait and see .. You can find important levels in the chart ..
Disclaimer: What I wrote is not investment advice.. Please do your own due diligence when it comes to crypto-investing.. Never put in money that you cannot afford to lose.. Invest at your own risk..
I wish you all the best..
Algobtclong
ALGO/BTC (Double Bottom?: up to 60% profit)ALGO/BTC
If ALGO will repeat the history to form a bottom at the same area of support, we could see a potential rally up to 4000 sats region.
The RSI is also painting a bullish divergence that perfectly coincides with the current price level and area of confluence.
This is a good setup to play a Long position and have your stop-loss placed under 2250 sats.
#ALGO Bounce and breakout from the support level !#ALGO - the price came back to the support level and forming a falling wedge. Also, the price is located very close to the support level. I expect to see a bounce and breakout of the descending resistance. Targets are on the chart.
You can see my previous ideas on #Algo.
ALGO - GO, GO... GO?Wondering about the same patterns repeating here to drive ALGO on for another push.
Bull pennant fakeout on bearish divergence (the most recent was largely down to the latest BTC dump), drop and test of 200 4hr EMA (blue), inverted H&S at that level then push on up to another higher high from there.
I plan on trading this idea and will be entering around this level. Let's see what happens.
ALGO seemed to do a similar skip along the 200 4hr EMA late last year before losing the trend.
Invalid with a confirmed close below and bearish retest of the 4hr 200 EMA.
ALGO/BTC ALGO seeing a good continuation after breaking above this resilient trend line yesterday, indicating a change in short term trend, matched with a corresponding increase in volume; we can anticipate price and volume to keep rising while we trade above our 0.236 fib support(2600 sats). As we stand, we are definitely bullish on this pair and can anticipate good price appreciation in the short - mid-term; as always, take profits and love stop losses accordingly as the trade progresses
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