What is the Rising Three Methods Pattern? "Rising three methods" is a bullish continuation candlestick pattern that occurs in an uptrend and whose conclusion sees a resumption of that trend. Read more: www.investopedia.com As Bitcoin recovers from the previous consolidation rage, I'm convinced that the Rising Three Methods could play out.
The breakout is done on ALGOBTC and we expect higher levels in the next weeks. See also:
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)
My thoughts on the path for the next few weeks. A shift in sentiment will change this significantly, but as it stands I could see this as bitcoin improves. I find Algorand very easy to use, I like the team. I really like the project, I just wish they did more on the marketing side.
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...
Possible scenarios I am looking at: 1. BO of Ascending Triangle 2. Consolidation before the next leg up to ATH P.S: This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own risk
Not an expert. Not financial advice. Is the entire cryptocurrency market potentially at Base 3 on a parabolic curve?
If Bitcoin is slow, we can see this scenario next month
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 $0.7xx . But on what looked like a...
Try not to miss current support zone 2250-2350 before next leg up. This can give at least 30-50%.
BINANCE:ALGOUSDT Hello everyone 😃 ALGO is moving above bullish trendline and Indicators are showing positive now. Also Volatility had a bullish breakout and now MACD is bullish... By the way, There's a pressure zone which is located at current level. ALGO had a breakout from EMA 100, so It could be a good support for it.. 📌 There's a possible chance for BTC...
there is another opportunity to buy
Hello traders and community, today we will tell ourselves shortly about the situation of ALGO/USDT Trend analysis - As you can see from the ALGO/USDT daily chart, the price of Algorand coin is started to moving higher cause of volumes and possible bullish double bottom pattern (blue line on the chart) and also from the month chart we can see cup and handle...
ALGOUSDT 1D-TIMEFRAME ANALYSIS✨ Hello ladies and gentlemen This is my new idea for Algorand ALGOUSDT I expect the price to move higher... I hope my idea is clear Support me by like and share Stay Safe💯 Good luck💰
the technical analysis and the market volume says ALGO is ready for a bullish move entry : 1.09$ First Target : 1.16% Second Target : 1.25$ Third Target : 1.36$ Stop loss : 0.92 Everybody is responsible for his trade !
Algo has broken downtrend, if this springboards algo up we could see it retesting previous highs with potential for 70% gains. I have opened a trade at this point If algo fails this move up we could be looking at a drop down to 70cents. Algo is a fantastic project with a lot of potential and one of my favourite coins to trade. This is not financial...
Algo is ready, head and shoulders are formed previously and the neckline is broken. the price retested the neckline and it's ready for a bullish rally! take the chance! BINANCE:ALGOUSDT