Algorand #ALGOKeep it simple as we form the base for the cup and handle pattern (big potential breakout)
Jupu has tagged green on daily time frame
Look for test of fibs and 4H green shades on Jupiter Pendulum for your setup
Algorand
Will the 3rd time be a charm for XRP?XRP has made two attempts to cross the .4068 and failed. Will the 3rd time be a charm?
ALGO looks to be setting up for another breakout!ALGO has been on a pretty good run for the past week or so, and it looks like it may be setting up for the next leg up. If ALGO breaks the .238 level we could see a pretty good run over the next few days.
Algorand $ALGO - $0.30 Incoming?Stochastic RSI looks cooked on this daily chart but money flow and price continue to move up. Could we see 30 cent $ALGO soon?
Algorand shortAlgorand broke trough off the lower boundary of ascending channel. Bearish movement to support level at 0.1815 is expected to happen.
HBAR is very close to its ATL. Buying below .04 is a no-brainer.Whether you agree with the tech behind HBAR or not, you have to admit that an entry point here is looking pretty good! ALGO still looks better, but this isn't too bad. It would be very simple to dollar cost average at this level even if the price dropped from this level.
AlgousdtAlgo Formed Falling Wedge In H4 Timeframe( Bulish Reversal Chart Pattern)
Rsi Printed Massive Bulish divergence ( Bulish Divergence In Rsi Is Also Bulish sign)
Now Algo Needs To Break Wedge To The Upside Then We Can Look For Long Entries
Keep In Mind That Algo Will Remain Bearish Till Wedge Upside Breakout
The upside potential in ALGO is obvious!The price action has - for the first time, broken out of the long term trend line.
Algorand longAlgorand broke trough the resistance level. Asset broke trough the descending trendline. Bullish movement to resistance level at 0.213 is possible.
ALGO is looking better than it ever has!This is literally just screaming to be bought. Right now is 1 of only 3 brief periods in ALGO'S history where you could buy at this low of a price. If you buy now then you're buying cheaper than 99% of everyone who's ever bought.
That's called an opportunity, and opportunities like this don't happen very often.
Lead, don't follow!
Right now is the 2nd best time to buy ALGO ever!This is one of only 3 brief periods of time where you could buy ALGO at these levels since its creation. This is beyond a doubt the least risky, ISO 20020 compliant coin on the market.
ALGO WAVESHello, I hope you are well
I think the pattern is inside a diametric diamond, which still has wave e, f, and g, and the price correction of this symbol is not over. I have such a view on this symbol for a short time
Comment if you have any questions
Thank You
AlgorandDuring the past months Aglo has seen a lot of bearish sentiment due to bear market and the 35M exposure to Hodlnaut. This very big bearish pressure i assume that it will come to an end with a very big cundlestick to the upside.
algo can go upHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ALGO symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Long ALGOUSD nowLonging ALGO with a tight stop-loss.
Or buy some spot for a safer option.
Entry: 0.17x
Sl: 0.16
Tp: 0.19
ALGO / USDT technical analysis and price prediction (Binance)Hello,
Today I will take a look at the ALGO / USDT pair on Binance in 4h timeframe. Algorand (ALGO) is today trading at $0.21, and we can see that it is in a downtrend (bearish momentum). According to historic price levels, the expected demand zone is at approximately $0.20. The supply zone is sitting around the price of $0.25. I can see that we are inside a descending trading channel and that we are moving in the direction of a historically very strong demand zone around $0.20. If we hit the price of $0.20, then this is an excellent, almost perfect position for opening a BUY/LONG position (still be careful because of the market conditions, we are still in a bear market). If you will enter trade at the price of $0.20, then you can expect the next targets to be for the short term at $0.25 and later at $0.30. In the case of the Cup and Handle trading pattern, I recommend entering at $0.25 after confirmation, otherwise not. I am expecting a bullish movement for ALGO at the price of $0.20, but just for the short term. Don't forget that we are still in a bear market and there are no signs of a major reversal of the trend. Trend is your friend :) If we break the expected demand zone, we can expect the price to continue falling, and the lowest level for ALGO is around $0.14 from March 2020, but I don't believe this scenario will occur.
Have a fantastic day and make the most of it.
Greetings,
BF
$60 Algorand in the years to comeAlgo is setting up for a good long term hold. This project checks all the boxes when it comes to fundamentals, here is what could become of the asset over the next 3 years. Personally, I think it is a bit conservative but time will tell.
ALGORANDALGORAND POSSIBLE TRADE SETUP
Algo has been forming a BEAR FLAG. It broke out recently and now making a RISING WEDGE on the way to retesting the STL turned into RTL. Both the pattern is BEARISH. Ideal breakout targets are given in the chart.
SL: 0.2308 or little bit over depending on your risk appetite.
Non Financial advise. Trade at your own risk. Do your own research.
Use proper position sizing & take proper entry.
Fib Level of 0.382 becomes the Point of Control... Perhaps you think the worst of the bear market is over. If so, ALGO may be trading at values that are quite attractive for the long term holder or new to the ALGO coin. From the previous high in November around 45 cents, trading at 23 cents is almost 50% off. Drawing the fib retracement alongside the volume profile for ALGO going back to May of 2021, shows an alignment of 0.382 fib level with the Point of Control.
ALGORAND Rising WedgeGot news for you: ALGORAND's not the only altcoin trending in a RW pattern. There are many others. Upper shadows are long and deep above microtrend resistance, volume is relatively low on the upthrusts. Blood is in the forecast, but perhaps not before another bull trap rally. Don't get fooled by the FOMO. Stay safe!
Be sure to subscribe for more clean, accurate, easy-to-follow swing charts with exceptionally high win ratios (80-85% average). I've been a fulltime crypto trader/investor since 2017, and I handpick all the runners myself after conducting a series of careful volume-to-spread reads and Wyckoff schematic comparisons.
Not financial advice. Always DYOR & trade at your own risk.
Zoom In, This is called patience. What awaits Crypto Market and Algorand.
It's just the beginning, and we might indeed be in the end of a cycle and a beginning of new one. You can't be in Crypto for just a year or two. This is just the start of what expects this market in the future.
“Beware the investment activity that produces applause; the great moves are usually greeted by yawns.” - Warren Buffet
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Disclaimer .
Do NOT trade or invest based upon the analysis presented on this channel. Always do your own research and due diligence before investing or trading. I’ll never tell you what to do with your capital, trades or investments. I’ll also never recommend for you to buy, sell, long or short any asset, commodity, security, derivative or cryptocurrency related instrument as it's extremely HIGH RISK! You should always consult with a professional/licensed financial adviser before trading or investing in any type of assets.
NagalrandThe Naga 2.0
NGC dumped to as low as half a cent and with less than 100 million supply, imagine how low Algo could go with a 10 billion coin supply
back in the days Naga was being shilled by Tony Vays and Formula 1 of all people,
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ah yes, the FIFA pump is coming
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