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Algolong

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... :)
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by subawu
3
Algorand : algousdt Everyone in crypto knows #Algorand: strong fundamentals, good community, high trading volume... Now that we are talking #algousdt has broken a triangle upside. If you go back and look at the chart, you see a huge cup&handle pattern which is also broken upside. Everything suggest buy. I'm telling you; this is gonna be huge . #full_send #algo #todamoon REMEMBER: this is daily timeframe, I do NOT tell you where/when to buy. Make your decision based on the chart and provided patterns. Always do your own research. #dyor Good luck, Median Eagle.
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by Median_Eagle
ALGO ---> C&H pattern - DIRECTION 7$Hello everyone ! 
 Today the Black Cat Trader is analyzing ALGO based on a weekly chart.  
 What we can see : Pitchfork : Prices are stuck under the intermediary lower line of the pitchfork Pattern : Prices are building what seems to be a beautiful Cup and Handle pattern. 
 What we can expect : - If ALGO manages to break the median line of the pitchfork, we can expect prices to reach the intermediary upper line of the pitchfork first. A pull back on the neckline of the C&H would be perfect to send ALGO to the last upper line of the pitchfork. - Note that the trend based fib extension gave us targets who match with our C&H and pitchfork final objectives. Major resistance 1 : Median line of the pitchfork Major resistance 2 : ATH —— Major support 1 : Lower line of the pitchfork Major support 2 : Long term uptrend (Green) —— TP1 : 3,49$ (1.618) TP2 : 5,23$ (2.618) TP3 : 6,98$ (3.618) TP4 : 8,72$ (4.618) IF YOU LIKE THIS POST, FEEL FREE TO LEAVE A LIKE AND FOLLOW THE BLACK CAT TRADER  
 MAY THE CRYPTO BE WITH YOU GUYS (D.Y.O.R)
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by Hector_Bienvenu
1
ALGOUSDT Daily TimeframeSNIPER STRATEGY (new version) It works ALMOST ON ANY CHART. It produces Weak, Medium and Strong signals based on consisting elements. NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear. TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON STRENGTH OF THAT LEVEL. ENTRY PRICE BLACK COLOR MOST PROBABLE SCENARIOS TARGETS GREEN COLOR LEAST PROBABLE SCENARIOS TARGETS RED COLOR TARGETS ARE NOT EXACT NUMBERS THEY ARE MORE LIKE A ZONE. DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING. It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave. The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe. Consider those points and you will have a huge advantage in the market. There is a lot more about this strategy. It can predict possible target and also give you almost exact buy or sell time on the spot. I am developing it even more so stay tuned and start to follow me for more signals and forecasts. START BELIEVING AND GOOD LUCK HADIMOZAYAN
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by hadimozayan
1
Does Algorand have hidden potential that's about to be released?Hi Guys Quick disclaimer please do your own research and do not trade based on my opinion; this is not professional advice. Let's get going: CHART OVERVIEW Here is a daily chart for ALGO/USDT on Binance. I've marked out specific points which could be pointing towards a Wyckoff Reaccumulation Pattern. The pattern has not be completed so it can very well fail but if it plays out here's what can happen. Analysis This pattern has a number of phases I'll briefly go through, the preliminary supply, this point marks the entry of the professional or "composite man" as Wyckoff put it, big financial operators who have identified an valuable asset and want to add as much of it as possible to their bag. This phase they are attempting to shake out investors in order to pause the uptrend, once they shake enough out, a short sharp up thrust occurs resulting in a "buyers climax". At this point their is an "automatic reaction" sending the price plummeting. After this the composite man (CM) will establish resistance points and support points in with secondary test (ST) in order to create a trading range in which to encourage selling from the public and accumulate as much of the asset from them as possible. Their will be a major Upthrust (UT) and then a laboured long decline all the way to the bottom of support in order to significantly shakeout small investors. Once the bottom is reached their is a "Spring" all the way out of the reaccumulation zone, a few tests will be made to make sure their is enough demand and strength to continue the uptrend, once a significant "Sign of Strength" (SOS) occurs with a high volume uptrend a small shakeout at the high resistance points occur and after the bullish uptrend continues. What do you guys think, is this possible? Thanks for taking the time to read this.
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by cmpkpersonal
ALGOUSDT. Incredible Bullish UP-Trend. ALGORAND To The Skies!!Daily we publish new trading opportunities , Short-term. Mid-term and Long-term. Friends, today we found something incredible on $ALGO . ALGOrand is such a gem I have held since long ago. And still HODLing. On the Daily's we found a nicely shaping Cup-and-Handle setup . Wow! Initial Resistance for ALGO happened near $0.7xx . But on what looked like a third attempt, it punched through this resistance. It did a crazy Triple-Greens to touch $1.xx . Then it began a decline from this point, took nearly 2 weeks . From here it began recovery in a zig-zag stride within a strong Support level near $0.9xx . Steadily moved up the trend to find another Bulls support near $1.2xx holding pretty tight. In the big picture we get like an epic Cup-and-Handle birthing. Final resistance as seen in chart exists near $1.8xx . With great Bulls rally , ALGO will break and race towards $2.2xx , then later onto last ATH. Follow 🚶 for Daily opportunities Like 👍 for more encouragement Share your thoughts
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by CryptonKidd
ALGO/USDT : Seems bullish in mid-term overview BINANCE:ALGOUSDT Hello everyone 😃 ALGO is moving above bullish trendline and Indicators are showing positive now. Also Volatility had a bullish breakout and now MACD is bullish... By the way, There's a pressure zone which is located at current level. ALGO had a breakout from EMA 100, so It could be a good support for it.. 📌 There's a possible chance for BTC to do some correction on mid-term ! It's not a good time to hold your positions more than 4 days; We advice to do scalping rather than holding !! Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
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by Helical_Trades
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