Our main selection from last week (the other one was AVALANCHE) is doing well, very well. Despite Bitcoin's struggle to rise, ALGORAND is rising and outpacing the others. Will this continue? Most likely yes as you can see on our charts. Let's go ALGO! One Love, the FXPROFESSOR
The last time we analyzed the Algousdt pair was back in February, but if you look at its performance and read the description... you'll see quite a precise realization of the idea. Today let's refresh our thoughts a little, after all, it's been half a year) In recent days, the Algousd chart has recorded abnormally high trading volumes. Importantly, these...
Algorand keeps doing great, with the El Salvador Launching Government Blockchain Infrastructure on Algorand This Year As you had been informed here before, The country has signed an agreement with Latin American asset tokenization company Koibanx to allow official records to be hosted on the blockchain. El Salvador’s government has signed an agreement with...
One more concurent of Polkadot, Solana and Luna. What Is Algorand (ALGO)? Algorand is a self-sustaining, decentralized, blockchain-based network that supports a wide range of applications. These systems are secure, scalable and efficient, all critical properties for effective applications in the real world. Algorand will support computations that require reliable...
Events: El Salvador to Launch Government Blockchain Infrastructure on Algorand This Year The country has signed an agreement with Latin American asset tokenization company Koibanx to allow official records to be hosted on the blockchain. El Salvador’s government has signed an agreement with Koibanx, a Latin American asset tokenization and blockchain financial...
This is looking like a positive bid for coming quarter. purple channel likely to break up and mark higher given how long this has been consolidating with the rest of the market and overal shift to bullish since the 20th of july. Trading Disclaimer: All trades and ideas posted from this account, including setups, are given for educational purposes only. 95% of...
So far EW count on Algorand looks reasonable. Wave 5 could be extended, since wave 3 was not. Let's see how this plays out. Please remember, that alternative cryptocurrencies (altcoins) are depending heavily on Bitcoin.
Hi Guys Quick disclaimer please do your own research and do not trade based on my opinion; this is not professional advice. Let's get going: CHART OVERVIEW Here is a daily chart for ALGO/USDT on Binance. I've marked out specific points which could be pointing towards a Wyckoff Reaccumulation Pattern. The pattern has not be completed so it can very well fail but...
ALGO has been consolidating range bounded between 1$ to 1.8$ for the last 2 months. Expecting big upside movement if consecutive daily candles close above 1.8$. Based on the cup pattern and fib expansion from the last impulsive wave it could hit somewhere between 3$ to 7$ if BTC remains bullish.
Hello $1.39 trendline support If break down buy zone target is in the chart 1.54$ resistence to break, if come out with volume orders we can hit our high target (in the chart) Goodluck Keep holding Algo
Good news regarding NFTs being built on ALGO. This is a narrative that i will be trading for as long as the HFT bubble drags out! Algo looks to be breaking out on 1hr as well. Good Luck :)
the price is broken its previews resistance and is getting close to the Red area where we may face some resistance and the first Target also is specified base on the supply zone and Fibonacci projection this is an update for our past analysis
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We are getting a nice bottom formation. Cup and handle is also possible. I expect that it cool down first because of the bearish divergence on a daily. Lower we can find some more liquidity on the support line for pushing it further up. After breaking the resistance a price discovery will follow. Also good for long-term investment. Huge potential is behind the...
Fundamental and Technicals are there for Algorand to top the charts by the end of the year, absolute Mad season this year. Final target 20 dollars
Hello everyone! Here is wave count for Algorand. The pair is following an ascending channel and currently formed a bearish flag. Wait for the breakout confirmation and go long. Don't mind the track drawn, the price may break out from the bullish flag at any time.
Hi friends hope you are well, and welcome to the new update on Algo coin. Breakout from wedge pattern: On the daily chart, the priceline of Algorand coin started the formation of wedge pattern in the 1st week of Nov 2020 and now finally, it has broken out the resistance of this wedge. Reached at $0.50 resistance: While breaking out the wedge’s...
*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should...