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Algorand

Bullish Stance on ALGO (Algorand)Despite all the China FUD, ALGO or Algorand has held up pretty strong. Bullish Indicators in favor of ALGO: Volume Contraction Pattern MACD Positive (despite the recent crypto sell off) 50 DAY EMA as support Relative Strength vs the entire crypto market Stochs at Oversold levels Strategy: Buy below $2.00 Cut price $1.40 There might be more upcoming consolidation but ALGO looks really good for the long side This is my favorite cryptocurrency as of the moment as the market looks to bounce from its recent slump. Good luck!
COINBASE:ALGOUSDLong
by kevvela
1
MY NOT SO MINIMALIST ANALYSIS OF $ALGO9.23.21 Analysis of $ALGO HOW TO READ CHART 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 (accumulation phase/recovery.)Algorand has hit it's "floor" at $1.50, which was a previous price marker, and has seen a healthy recovery since the dip. Algo is now seeing higher lows, with a possible touch to $1.70-$1.65 before it continues moving up. I would expect some sideways trading between the pricing $1.90-$1.80. Resistance at $2.00 and $2. 40 . *additional trading journal notes: Algorand's Community Governance is coming October 1st, 2021. youtube link below: youtu.be
Long
by marcosdaunte