HELLO ALGO :D* None of what i write here is not an investment advice. Please do your own research before investing in any digital asset.
* Never take my personal opinions as investment advice, you may lose your money.
Algorand
Algorand (ALGO) - July 31Hello?
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(ALGOUSDT 1W Chart)
The key is whether it can find support and move higher near 0.3319.
(1D chart)
Primary resistance: 0.3872-0.4478
Secondary resistance: 0.5993-0.6704
Support: 0.3099-0.3319
If it finds support above the HA-High indicator of 0.3414, I would expect it to move higher.
A break below 0.3099 to find resistance is expected to lead to further declines.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
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ALGO TO $.395ALGO showing heavy confluence at .395 cents
We have a ISHS target matching up with a volume profile and a fib with the same coordinates.
Let's ALGO to this target!
Algorand longAlgorand broke trough the resistance area. Asset broke trough the descending trendline. Bullish movement to resistance level at 0.375 is possible.
WHAT IF ALGORAND MAKE A HUGE RALLY?If Algo makes a good rally my possible ALGO/BTC price is indicated in the chart. I really like the project by the way.
Algorand longAlgorand is bouncing off the Fibonacci 0.5 level and bouncing off the support level. Bullish trend is likely to continue and reach the resistance level at 0.377.
Algorand (ALGO) - July 19Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(ALGOUSDT 1W Chart)
It is expected that an upward trend will occur when it breaks above the 0.4253-0.6132 section.
(1D chart)
Primary resistance: 0.3689-0.3872
Secondary resistance: 0.4253
Support: 0.3091-0.3310
The key is whether we can break through the 0.3689-0.3872 section, which is the primary resistance section, upwards.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
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Algorand longAlgorand bounced off the lower boundary of ascending channel. Bullish movement to resistance area at 0.323 is possible.
ALGO/USDT Main trendThe main trend in which the uptrend channel was formed. Long-term work from the trend channel. Position trading. The idea is more for understanding where the price is in the primary trend. A cup has formed in the secondary trend in the channel, the price is at its resistance.
Cryptocurrency of 2 groups. XRP group. Al/gor/and.
Coinmarketcap: Algorand.
ALGO/USDT Secondary trend.
ALGO/USDT Secondary trendSecondary trend. It formed a cup, the price at its resistance.
Cryptocurrency of 2 groups. XRP group. Al/gor/and.
Coinmarketcap: Algorand.
ALGO/USDT Main trend
ALGORAND - AT RESISTANCEMarket is Green today. is it the 4th of July or Green Monday?
Well, a trader like me (i like to hedge) is constantly looking to hedge.
I am long on BTC and a few altcoins but at the same time short on Algorand at the moment, since i see resistance.
0,3173 could be breached higher. For the time being and until that happens Professor is SHORT on ALGO
One Love,
the FXPROFESSOR
⚡️ #ALGO/USDT - Potential 40% ⚡️⚡️ #ALGO/USDT - Potential 40% ⚡️
Entry Criteria:
- Bullish Divergence
- Local Support & Consolidation
- Added To Kraken Futures
News Source
twitter.com
Entry: 0.2796 - 0.3
TP1: 0.324
TP2: 0.3523
TP3: 0.3971
SL: 0.27 or HOLD
ALGORAND - Wait For The Trigger!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
WEEKLY: Left Chart
ALGO is approaching a strong support and demand zone so we will be looking for buy setups on lower timeframes.
H4: Right Chart
ALGO formed a valid channel in red but it is not ready to go yet. For the bulls to take over, we need a break above the previous high.
Trigger => Waiting for a momentum candle close above the last high in gray to buy.
Meanwhile, until the buy is activated, ALGO can still trade lower inside the blue support zone.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
ALGORAND or ALGO-RUN ?Not looking great at the moment as the market is taking a huge beating.
Good news here is the massive Resistance at 0.3173
It allows us to look for short entries.
Remember: you shouldn't be trading if the chart makes no sense.
This is a 4h chart but the levels are drawn carefully from 'far far away'..they are strong
Support turns resistance and vice versa. We give you the best levels, it's up to you how to use them right (or how to use them at all).
DYOR, maybe trading is not for you.
One Love,
the FXPROFESSOR
Algorand shortAlgorand bounced off the resistance level. Asset bounced off the descending trendline. Bearish movement to support level at 0.284 is possible.
Algorand (ALGO) - June 30hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(ALGOUSDT 1W Chart)
Below 0.5021 is likely to be a mid- to long-term investment area.
(1D chart)
Below 0.3310, it is likely to enter the long-term investment realm.
So, the key is whether it can move higher than 0.3091-0.3310.
Rather than rising immediately, it is likely to rise after it leads to a further decline.
As I said in the explanation of the BTC chart, I think that it is more likely to rise faster if it moves sideways while showing a large fluctuation.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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AlGORAND #ALGO idea 28 June 2022AlGORAND #ALGO idea 28 June 2022 - Algo could possibly dip down to the $0.17 price range before regaining strength
ALGO open the parachute!🔥🔥Subscribe to the channel, get notifications about signals!🔥
#ALGO
▪️There was an increase of 13%, now the indicators are overbought, which indicates a possible correction.
💎In the near future we will correct down by about $0.3
$Hit$torm Incoming. Hold on to your bags. Here comes another over leveraged banker bleeding out.
Humor us and let it have a dead cat bounce soon :)
Algorand (ALGO) - June 16hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(ALGOUSDT 1W Chart)
The 0.5021-0.6132 section or less is likely to be a mid- to long-term investment area.
Therefore, the key is whether it can move higher than the 0.5021-0.6132 section.
(1D chart)
An important volume profile section is formed around 0.3091.
Therefore, if it falls below 0.3091, there is a possibility of entering the long-term investment area, so careful trading is required.
Looking at the overall picture, the volume proifle section is formed over the section 0.3091-0.6132.
Therefore, it needs to move above 0.6132 to continue the uptrend.
Once you see support at 0.3310, you can make an aggressive buy with a small amount.
This aggressive buy can be used as a way to increase the number of coins for profit by making short-term trades.
A full-fledged buy is possible when we see support in the 0.5021-0.6132 section and rise above 0.6132.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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The Future is Bright for AlgorandFinally hitting my price target. Great time to buy some discounted Algorand. Will be buying weekly to get my average price in the $.50 range.
If price can hold this area of support we could see ALGO setup for a fantastic bull run in 2023-2024. Good luck all!
ALGO/USDT - Potential Short ScenarioHello Traders!
ALGO price continues to move within the descending trend completing the previous market cycle.
The culmination of the falling phase will be an aggressive downward exit of the price under the support level of $0.25
Medium-term purchases can be considered at $0.1440 - $0.1900.
The targets of such purchases will be price levels of $0.25 and $0.36
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
ALGONot financial advice.
The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
