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Algorandusdt

ALGO/USDT : Seems bullish in mid-term overview BINANCE:ALGOUSDT Hello everyone 😃 ALGO is moving above bullish trendline and Indicators are showing positive now. Also Volatility had a bullish breakout and now MACD is bullish... By the way, There's a pressure zone which is located at current level. ALGO had a breakout from EMA 100, so It could be a good support for it.. 📌 There's a possible chance for BTC to do some correction on mid-term ! It's not a good time to hold your positions more than 4 days; We advice to do scalping rather than holding !! Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
Long
by Helical_Trades
16
ALGOA little explaining to do... Was looking at this chart and noticed some symmetry (not perfect but close). I highlighted the purple box and grabbed the fractal within it. Flipped the fractal to a mirror image and changed the color to yellow and it overlays perfectly...also follows the pitchfork pretty well. I have highlighted the price target in orange which coincides with this charts ATH. The Content is for informational and entertainment purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. This is not financial advice nor am I a financial adviser. :)
BINANCE:ALGOUSDLong
by RozeRoze
Algorand has been amazing... But there is more to come !We are monitoring ALGO since the beginning of it's bullish trend at 0.40 cents ... (first analysis of Algo below) On today’s analysis, we saw that Last week we successfully reached our target 2 (written on the chart) and we closed above the weekly resistance (Blue line on the chart) that has been built since September 2019. Now we are actually flipping this resistance in to support ... A weekly closure above would be very bullish for the next few weeks. As there is very little volume on this retest, i am very confident about what will come ! Time will speak! Patience is a key in this market The content covered in this publication is NOT to be considered as investment advice. Thank you all, If you enjoyed this analysis please mark a thumbs up and do not hesitate to share your point of view in the comment section. Have a Good day and Safe trade Butterfly .D /Metamorphose your portfolio/
Long
by Taidotrading
2
$ALGO 4hr pitchfork = strong trend.This is log scale chart. The pitchfork shows a strong respect of the 1.5 deviation. We've seen a couple of flash crashes to the 2.0 deviation on other bigger coinbase alts like $LINK, so those kinds of moves are still on the table. Also if big daddy $BTC decides to run? Alt's will bleed / stay sideways for a while. I'm still very bullish on these Coinbase alts. BTC breaks out into price discovery -> retail normies fomo in -> Coinbase is the onramp -> Bitcoin is "too expensive" -> Normies buy cheaper alt coins, especially ones like $ALGO that have staking rewards -> Alt season commence.
COINBASE:ALGOUSDLong
by its_maxbro