Get started

Algorand

ALGORANDO for a BILBOFor all you stakers out there, Rib Eye or Sirloin? Option A or B? - algorand.foundation Leading up to the voting period for Governance, we could see a breakout from the 200 EMA. The trendline is strong and everytime it retests we see a bounce upwards, paired with the fact we are consolidating. Many buy the dip opportunities or to DCA at $1.50-$1.7 Also looks like we'll get rewards in the sub 2B mark. Good luck fellow ALGONAUTS and bagginses. (Disclaimer - not financial advice, just rational research into one of the most underrated projects)
COINBASE:ALGOUSDLong
by jackohgorman
Algorand (ALGO) - October 10Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (ALGOUSD 1W Chart) - Medium to Long-Term Perspective Above 0.76754798 point: uptrend expected to continue (1D chart) First resistance section: 2.11836146-2.25112275 Second resistance section: near 2.51664536 First support section: near point 1.72007755 Second support section: 1.18903235-1.32179365 If the price is maintained in the range of 1.72007755-2.11836146, the uptrend is expected to continue. However, it is recommended to maintain the price beyond the psychological support and resistance zone formed in the 1.90329264-1.97455023 zone. The first resistance section is an important section that determines the trend. So, if it rises to the first resistance zone, you need to check whether the price holds. If you fall from the first support, you can touch the second support, so you need a short stop loss. ------------------------------------------ (ALGOBTC 1W Chart) - Mid/long-term perspective Bottom sideways section: 1970 Satoshi-4309 Satoshi section 6469 Satoshi point or higher: Expected to create a new wave. (1D chart) First resistance section: near the 4309 Satoshi point Second resistance section: near the 6469 Satoshi point Support section: 2452 Satoshi-2886 Satoshi section ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released. (Because it is not public, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** 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.)
BINANCE:ALGOUSD
by readCrypto
ALGO might be into a triangleThis shaping up might be a triangle! I cannot be sure yet considering that it's just beginning to shape and also because, it'd have a very tighten form compared with the prior one, however it might be. If I'm right this pattern will take until the end of november to form completely. Off course, in most cases, price don't fill the patterns completely so, a prossible breakout will occur before the end. Let's say that around 20th of November the breakout can happen. However I expect a change in shape, probably an extension because this just look too short. If the chart will mimic prior one then price will take a dip to surge in 2022 (Jan to Feb). If ALGO will be positively influenced by altcoin season bullish wave I think a 40-50% increase is to be expected. At the moment I don't feel like saying more because chart isn't showing too much. At least not much interesting. Anyway at daily and at 4h EMA 200 is under the price which is a good sign!
by Shotokhan
Algorand (Bullish Scenario to $3.00)A possible "Big W" Pattern (pink circles) may be forming, indicating a continued Bullish scenario. Algo is breaking out a a large bull flag pattern, (large orange triangle, partially seen here) with a price target of $2.75-$3.00, and is generally using measured moves up to do this. A breakout from the large W Pattern with a 46% increase would point to a Price Target of $2.86 ($2.57 starting from the lowest point in the W pattern). Algorand would need to stay above $1.90-$1.93 (generally) in order for the breakout to occur. If Algo dips below $1.77-$1.74 this could indicated additional sideways trading for several days/weeks. Additional Trading Journal notes: Registration for Algorand's new Community Governance ends 10-14-2021. Sideways trading could be seen until this date, after which the price of Algo is sure to go up (due to the number of tokens locked up causing the price and value of Algorand to rise.) related Algorand published ideas posted below:
Long
by marcosdaunte
Reiterating Bullish Call on Algo (Algorand)Crypto space is starting to go bonkers and with this happening, it's wise to choose the strongest one In my opinion, it's ALGO or Algorand. Been watching this crypto for almost a month now and here's what I like about it: *ALGO corrected and stabilized on the 50 Day MA while ETH and BTC on the 100 DAY MA, a sign of relative strength *MACD Cross up, MACD + *Area Pattern: Falling Wedge, a Bullish one *Histogram soon to be on the positive side - a sign that downward momentum is about to reverse direction *Area Pattern breakout retest, now acting as support ($1.80 level) *Volume Contraction Pattern With all this plus the bullish environment, it's tough to say no to ALGO. Let's go! For my entry strategy, check link below Good luck!
COINBASE:ALGOUSDLong
by kevvela
2
MY MINIMALIST ANALYSIS FOR $ALGO9.14.21 My Minimalist Analysis of $ALGO 1. TARGET ENTRIES for $ALGO Correction taking place. The Chart will be adjusted after correction. 2. We will ENTER during ACCUMULATION. Indicated are key support and resistance levels using small and large trading range boxes for ENTERING A SWING TRADE (Short - Long.) Watch out for Patterns, Divergence, EMA, Candlestick Math, and your Fibs. Further Analysis on price action is required on a 1HR-4HR chart when entering or closing a trade, depending on your risk appetite and trading style. Disclaimer: The findings/predictions of the following analysis are the sole opinions of the publisher of this idea and must not be taken as investment advice. Thank You for your appreciation and support.
COINBASE:ALGOUSDLong
by The_Crypto_Samurai
Algorand (Bullish Scenario to $3.00)Algorand is currently charting several measured moves up, and at times showing an even more bullish scenario with R.S.I Divergence. With Algo's Community Governance now in the "sign-up-stage" ending October 14th, the token is sure to see continued bullish movement with an overall price target at : $2.75-$3.00, (breaking out of the large bull flag pattern, seen as the orange triangle.) Algorand is also charting nicely with a rounding bottom, (seen as the black curved line). Support/Floor at $1.50 with resistance at $1.90-$2.00. Algo will likely test the $1.90 price target, after which the token should see an almost parabolic move up to $2.00 (and beyond.) If Algorand falls below $1.90-$1.80 though, I would expect general sideways trading between the $1.50 to $1.80 range for several days possibly weeks. If Algo reaches the $2.40 price target (while still within the rounding bottom pattern) I would expect it to break out of the prior move (rounding bottom) but with an overall price target of $2.75-$3.00 still. related Algo published ideas linked below:
Long
by marcosdaunte
Crypto ALGOUSDT (The Next Leg UP?)View on Crypto ALGOUSDT (27 Sept 2021) Network coins are in the rage in recent days and this network could be the next winner. We had a whopping rise 50% in the early Sept and it may be due for the another leg up. Moreover, $1.50 region is supported well for now and it is likely to go higher. $2 will be an immediate term resistant. Let's see. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
by SonicDeejay
5
Algorand (Bullish Scenario to $3.00)Algorand's Community Governance at the time of writing this has: 19,638 Governors and 175,203,003.544 Algo's committed to be staked. Algo will surely have 20,000 Governors within the next 24-48 hours and 200,000,000.000 Algo's committed to the Governance Program. Meaning less Algo's will be available on the market, both raising the value of the token and providing security. The deadline for the Governance will end mid-month, with governance rewards varying on the overall committed Algo's. Algorand is now breaking out of a much larger bull flag pattern, but is making measured moves up to do so, the last move can be seen as the purple bars (copied bars pattern). The next move might be seen as the orange bars, with a lot of variation expected but the overall move up looking similar. Floor/Support at $1.50 with resistance at $2.00. The overall price target for the bull flag pattern is $2.75-$3.00. similar published Algorand ideas linked below:
Long
by marcosdaunte
ALGO/USDT Algorand removes the technical barriers that for years undermined mainstream blockchain adoption: decentralization, scale, and security. Now you can build on a stable platform you trust. Our consensus mechanism is permissionless and PURE PROOF OF STAKE™. It ensures full participation, protection, and speed within a truly decentralized network. With blocks finalized in seconds, Algorand’s transaction throughput is on par with large payment and financial networks. And Algorand is the first blockchain to provide immediate transaction finality. No forking. No uncertainty. The era of a decentralized, borderless economy is here. Algorand is the foundation. Now what will you build?
Short
by itsFaroukS
ALGOUSDT Technical Analysis ⏳ Spot 💎 ALGOUSDT has formed a symmetrical triangle and after the breakout it might go down for a retest and then continues the Bullish move. The Pullback are is at around 1.7070 🏁 Short & Medium Term 💵 Invest Only 5% of your Portfolio 🎳 Entry at market or 1.7070 ☕️ TP1 1.9550 🍺 TP2 2.0650 🍻 TP3 2.2222 🍾 TP4 2.4000 🍷 TP5 2.5555 🍸 TP6 ______ 🍹 TP7 ______ 🎁 TP8 ______ 🚫 SL 1.5500 Good Luck 🎲 Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️ Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. We will have more FREE forecasts in TradingView soon Have a Profitable Day
Long
by Fibonacci-Signals
ALGO next move could be a big oneI have been following ALGO closely, its shown very positive signs and next move could be big. Last trade I set a modest price target just below global trend which it reached. Now it is pushing up on global trend which will also be a likely bullflag breakout. Which should attract a lot of attention Look for break and retest above global trend and previous daily support around 1.85 If it pulls back from here look for a reset in the 1.75-1.65 range then watch for a break up of global trend. Possible to open a higher risk trade on the reset with a stop loss of 2 ATR. Look for buy setups on lower time frames Check my previous post for more details, make a plan and follow it! As always, keep an eye on the health of BTC
by jamoooo
3
Algorand (heading to $2.00)Algorand's Community Governance is open, and enrollment closes mid-month. Algo is currently seeing a breakout from a larger Bull Flag, followed by this small Descending Triangle (seen within the red lines). Assuming this pattern might be part of a larger move, this could be a measured move up with a price target of $2.00. This move might be seen as the copied bars pattern from the previous swing up. (seen as the purple bars). Support/Floor at $1.50 with resistance at $2.00. related published Algorand ideas linked below.
Long
by marcosdaunte