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Algorandusdt

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
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