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Algorandusdt

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
ALGO 1D Support and Resistance Levels on the ChartAs you can see from the chart, the growth of the ALGO coin is supported by large volumes - this is a good sign. On the other hand, the parabolic growth has almost become vertical, that is, the final upward spike is not far off. As long as the price of ALGOUSDT is below $1.15 , it is more likely that the price will push below $0.85, and then will follow the arrows. Fixing above $1.15 will give a chance to shoot the ALGOUSD price up to $1.50-1.55, and reach about half of 2019 absolute maximum. _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
7
ALGORAND /USDT Started his Bullrun Has we have seen on our previous analysis of ALGO on the weekly timeframe, Algorand broke out with strong volume, Now ALGO succesfully closed the week above the neckline, retested it, and had a great bounce on it. It shows that the bulls are in control and logically, we are heading till target 1... For a first step ! - Succesful breakout + Retest - Strong volume wich confirm the momentum - We went out of a Long accumulation phase -> now, long expansion phase - Bitcoin is ranging, so the altcoins are able to let themselves go ... - Great fundamentals behind Everything is green for ALGORAND at the moment! 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/
by Taidotrading
1
Algorand / TetherUSD (ALGOUSDT) Daily TF for Swing TradeHI here we have Algorand analyzed using complete Price Action method where its key levels lies on the Key Fib points and absolutes support and resistances are specified. we can see that we have a very good chance to retrace the market to the preview Supports on it bearish trend so we can be bullish for a while up to where it gets back to its highs it happen when the BTC price start to stabilize for a while so does the liquidity flows to other sections of crypto world we have zones and a projection time slabs where approximately we are expecting the market to reach by then. please comment your opinions
Long
by BitonGroup
ALGO a setup to hit $5 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 resistance the price action has also broken out the $0.40 price level resistance and now reached the next resistance at $0.50. If the $0.50 resistance will be broken out then the next resistance would be at $0.70 and then a final and key level resistance is at $0.90. On the long-term weekly chart, it can be seen that after $0.90 resistance there is no significant resistance between $0.90 to the highest price level that is $3.44 as per the Binance exchange. An up-channel formation: On the long-term weekly chart, it can be seen that the priceline of Algo coin has formed an up channel and moving between the support and resistance of this channel very well. While moving between the support and resistance of this channel the price action of Algorand is also making higher highs. Therefore if this time it will go for another higher high then it can be above $0.80. The exponential moving averages with the time period of 10 and 21 have also formed a bull cross beneath the candlesticks and now lifting the priceline up. And this cross is just formed therefore a more powerful rally is expected. Conclusion: In the near future, a more powerful rally is expected. However, if the price action will be able to breakout the resistance of the up-channel that has been formed on the daily chart, then it can also break out the key level resistance of $0.90 and can move to the highest price. And if it will surpass the previous high then it can even move to $5.
Long
by moon333
3
Next MAJOR resistance levels following the breakout to watch*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 always do your own due diligence before trading or investing in this market as it is extremely risky. Affiliate links are also included in this same video description section here and if you decide to support me by using any of them, I may receive a referral bonus or commission. *Follow me for the latest cryptocurrency analyses on my watchlist *Thank you to those who donated, I very much appreciate it. *Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
COINBASE:ALGOUSDLong
by CryptoRush_
Huge reversal pattern apparent & resistance levels to watch*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 always do your own due diligence before trading or investing in this market as it is extremely risky. Affiliate links are also included in this same video description section here and if you decide to support me by using any of them, I may receive a referral bonus or commission. *Follow me for the latest cryptocurrency analyses on my watchlist *Thank you to those who donated, I very much appreciate it. *Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
COINBASE:ALGOUSDLong
by CryptoRush_