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Algorand

Algo with perfect retest of green channel tl as supportPerfect support retest of the bottom trendline of the green horizontals channel. In reaching there price also broke above the purple falling wedge…we can also see now that price is testing the turquoise neckline of an inverse head and shoulders as well. I have put the inverse head and shoulder target and the falling wedge targets on the chart for now. Will add the channel breakout target if/when we get closer to its top trendline. *not financial advice*
COINBASE:ALGOUSDLong
by DrDovetail
3
OPUL Bearish: Head and Shoulders Signal??After a 550% bullish move from Opul, moving from 0.05 to 0.30 it looks like a head and shoulders signal is playing out. This may be a bearish signal that sends opul down another 50-80%. I've placed my buy zone at 2 different levels to keep an eye on for potential investment points. First point is around the $0.11 to 0.085 area. The second point is around $0.055 to 0.045 area. Movement below these lower buy zones is considered very bearish. Depending on macro conditions as well as the success of their MFT platform this could rise from the buy zones back to the recent high of $0.30. --- This is not financial analysis or advice. Please asses your risk tolerance before taking trades of any kind.
Short
by WillGood
OPUL in Downtrend - Potential Buy SetupOn the 10th of August OPUL experienced an explosive upward movement in price due to the reveal that it's staking dashboard will be launching on August 22nd. The price of the coin jumped over 100% from around $0.08 to $0.17 before it began moving back down. It is now developing a clear channel downward and based on fibonacci levels it looks as tho the $0.10 area will be a nice opportunity to stack OPUL. The general macro sentiment to Bitcoin, crypto, and larger financial markets is still mostly bearish so please use caution when purchasing. Use your best judgement, this is not financial advice!
by WillGood
ALGOETH - Gains Approaching after small FakeoutAfter a pretty decent 30% profit from the last Short trade we've now got ourselves what looks like a profitable Long trade too! We've had a small fakeout on the bottom edge of this descending channel but the price was quickly restored to within range and now looks to be heading to the upper boundaries! We should be able to bag at least 10% on this trade, all the way up to around 30% if you're feeling brave, keep your trailing stops up to date with this one! If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
Long
by theCrypster
ALGOUSDT...i hate youBINANCE:ALGOUSDT Although i hate this coin...the chart is very simple. in the first rejection, i waited till breakout/confirmation and took a buy///sold the buy. NOW, it tested the 0.26 and retraced till 0.612% fib, and now "it seems" or "it might" (for the bastard who wanna sue me) the next target will be 0.30 i hope yall don't make money out of it... MzrFkrz ……..…../´¯/)………… (\¯`\ …………/….//……….. …\\….\ ………../….//………… ….\\….\ …../´¯/…./´¯\………../¯ `\….\¯`\ .././…/…./…./.|_……_| .\….\….\…\.\.. (.(….(….(…./.)..)..(..(. \….)….)….)… ) .\…………….\/…/….\. ..\/……………./ ..\…………….. /……..\……………..…/ ….\…………..(…………)……………./ #STOP_BEING_POOR
Long
by meez_PremiumNOT
2
Algo turning point! Crypto Altcoins #CryptoWhale100Billion Alt Coin Analysis: Algo My Analysis shows that Algo has been holding at the .24 cent market for a few days now, filling up bear pockets. Algo has been falling for quite some time from an all-time high at $2.79 and crashed to .24 cents. A lot of sell-off, but this coin has the potential of stake rewards of Algo 5.75%+ interest which will give you more reward of Algo over the longer time of holding it. I can see it moving back to .285 cents and .33 cents. Indicators show strong resistance using common pass strategies indicators to see cryptocurrency patterns. Rsi giving an Upper trend, Macd crossing over to the higher side of the trend. Candlesticks holding the resistance for over a week. I am more bullish on Algo to .284-.33 cents. For bearish to .19 cent. Shoot me a message with your Technical Analysis to see your thoughts and trading strategies. #CryptoWhale100Billion Press The Thumbs Up and shoot me a message below what your idea on KNC will hit. Thank You for the support! Below are some Previous chart links I've written for Reference.
COINBASE:ALGOUSDLong
by CryptoWhale100Billion
4