long on ALGO $ALGO broke through the resistance level and the descending trendline. Bullish movement to resistance level at 0,9615$ is likely to happen.
Algorand
ALGO made HHHL; either 0.68 holds or D.Bottom at 0.54?ALGO is one of the rare cryptos still making a HHHL it is now making a rising wedge. 0.68 must hold or else it will risk going back down to retest previous bottom at 0.54.
Holding 0.68 may see next resistances at 0.80, 0.90 & the 1.00 to 1.03 zone.
See chart for possible movements.
Not trading advice
ALGOAs their have partnership now with FIFA, it can run and also football tokens as there is a world championship in Qatar this year.... worth to watch on new 2W candle... i am looking for long. PA looks decent here
NOT FINANCIAL ADVICE
ALGOUSDT LONG bouncing of lower support on daily pitchforkLooks to me like ALGO is finding good support at the bottom ranges of the trend lines with an increased probability that it will returns to upper levels. What do you think?
Thank you
ALGOUSD on a strong bullish streak but not a Buy Opportunity yetAlgorand (ALGOUSD) has completed a strong 3 day bullish streak coming close to the 1D MA50 (blue trend-line) again for the first time since the first week of April. Despite this green short-ter display, it is not a buy opportunity yet, as on the medium-term it remains within a Channel Down (dashed lines) and on the long-term it has broken below the Channel Up.
A buy signal will be given, when the price breaks above not just the 1D MA50 but also the Lower Highs trend-line (top) of the Channel Down. This Channel can be seen better on the linear scale:
On the long-term, which will be the safest trade, ALGO will turn into a confirmed buy once the price breaks not just above the 1D MA200 (orange trend-line) but also the 1W MACD makes a Bullish Cross. As you see, the last two MACD Bullish Crosses, have resulted in strong rallies within a 2-year time-frames.
Until those medium and long-term conditions are met, Algorand can be moving lower and lower in accordance to the lower Fibonacci extensions shown on the chart.
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$ALGO - trendline breakout + retest?after the announcement of its partnership with FIFA earlier today, ALGO got a huge pump of about 20% but will we be able to stay at these levels?
ALGO broke the downtrend trendline and is currently retesting the one, we just need to see whether we get a succesful or an unsuccesful retest of it
I will place a good long position targeting the $0.77 resistance if the price fixes well above the trendline, what do you think about it?
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ALGO - Video Top-Down Analysis!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for ALGO.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
ALGOUSDT 4H TA: In the ChannelAlgousdt In the 4-hour timeframe, it is in a downward channel, which is thrown up by reaching the floor of the channel with strong support. It currently has a price range of $ 0.8 for canal roof resistance and static resistance, which can grow again if it can pass through this area with strength. Otherwise it is possible to correct by reacting on the resistance up to the midline and the bottom of the channel.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
Bottom is in for AlgorandIt finally seems like the bottom is in for algorand or very close to it. If it dumps a little lower, a limit 45 cents could be in play. However this is a very good entry right here. 2023 could be the year for Algorand.
Bullish Divergence on Algo#Algo is getting ready for a bigger move and forming bullish Divergence on weekly timeframe is a confirmation for the same
Algorand is a very long term investmentYou either love it or you hate it, look at Apple, it took 45 years. Now I'm not saying algorand is a scam but just imagine how much a single Bitcoin is going to be worth around 2029, probably 6.5 million dollars. To think how much that is in Satoshis on Algo/BTC pair is ridiculous, 0.0001 at best. Is this coin really worth it? I swear this start up belongs to Nasdaq, not crypto.
Algo at support sneaky longBINANCE:ALGOUSDT
Times are tough but here is a sneaky way to make a small profit:
Bought at 0.66
Tp 1: .71
Tp 2: .78
SL .62
ALGOUSDT iH&SSupport on ALGO touched. Easy to put a stop loss with massive potential gains.
SL should be around 0.67$
Inverted Head & shoulders on daily.
Hidden bull divergence on MACD histogram and RSI on daily.
4H showing a partial decline with 3 rising valleys with hidden bull on MACD.
1.54$ is the first level second should be 1.83$ 50% fib level.
ALGO/USDT Futures And SpotBe careful not to use high leverage in futures.5-7 is suggested.I hope u have a good weekend.
Algorand (ALGO) path back out?Accountability? Agh. I know that I should remain neutral on this one for ALGO, just to keep a decent batting average 'round these parts ⚾️ for ol' Algorand.
Nevertheless, i am STILL bullish on ALGO.
This coin is going to have a gigantic breakout in the next several days/week. It's unfortunate that Algorand is still dictated in large part by big b (BTC) calling the shots with market fluctuation.
Things are getting better though. Coins and tokens are developing their own internal economy and ecosystems, with these becoming more and more impervious to BTC's ridiculously orchestrated fluctuations. The more people come on board and begin buying these coins, and creating traffic on the networks... the more these coins ( annnnd tokens, for all you defi peeps out there) --the more they all begin to break away from the grasp of BTC's and ETH's market fluctuations. --my love, Monero (XMR) being a prime example of this, especially at the present.
♠️🤫🐿
Algorand Price Prediction 2022Look when we broke that downtrend first time, went from 0.80 to 2.75, this time we may reach around $4
Algorand (ALGO) we could see a rise...I'm still feeling bullish on Algorand.
Have always felt that it is a vastly underrated coin. The ALGO blockchain is one of, if not the most resilient, secure blockchain in the crypto-verse.
It has never been breached, and it the transaction times are faster and cheaper than any other currency I've come across with the exception of maybe some very obscure swappable tokens that I'd rather not mention here.
C'mon ALGO!
♠️🤫🐿
AlgorandAlgorand Technical analysis basically on elliott waves Principles and Priceaction Strategy
Algo can be grow to 5$
Wait and watch.
Algorand longAlgorand bounced off the support level. Asset broke through the descending trendline. Bullish movement to resistance level at 0.88 is expected to happen. If the next resistance level will be broken up the Algorand is supposed to reach 0.98.
Algo is supremely BULLISHALGO is ready to start, do not miss this extremely bullish move. Get ready for 300% returns.
ALGO... seeing some love? I'm just throwing this out there because ALGO is a very underrated, and undervalued currency.
<₮0.75 is a good stop in general, and I feel as though 0.75 could finally provide some decent support.
ALGO still offers the least expensive, most-secure option of sending crypto from one place to another.
The ALGO blockchain has never crashed. Ever. I don't think any other chains can say the same thing.
🤷♂️ bullish IMO
♠️🤫🐿
