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Algorandusdt

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_
$ALGO ALGORAND is going to moon real bad comparedto BAND FET ERDToken Sale: 19 Jun – 19 Jun Ticker: ALGO Token type: Own wallet ICO Token Price: 1 ALGO = 2.4 USD Price: Max 10 USD; Min 0.1 USD Per Token Current Valuation: $439,682,763 USD Central Dollars Projected Valuation: $9,000,000,000 USD Central Dollars Algorand: the only decentralized, secure and scalable solution to the blockchain trilemma out of 6000+ dubious blockchain proposals out there. Not only is Algorand ranked as top 3 groundbreaking technology of 2020 according to MIT Review report www.technologyreview.com Algorand's MIT team has been chosen by Federal Reserve bank to launch a digital dollar with Coinbase in order to compete with China. www.bostonfed.org Amongst a hundred other milestones, Algorand has tokenized and decentralized Gold from Australian Company Meld Gold via FTX. Is listed on all renowned pioneering exchanges in the Blockchain 2.0 growing market. Will help launch Idex 2.0 Will help launch the first internationally welcomed Central Bank Based Digital Currency for Pacific Marshall Islands. Is supported by Steven Chan who is the Senior Director and Regional Head of Government Relations, Asia Pacific Paypal. Decentralized Algorand's groundbreaking technology is the only blockchain that's scalable to billions of users with seconds speed transactions. So far the only Rival out there is centralized and corruption dubious Ripple. I encourage you to review this discreet but behemothic and promisingly undervalued company founded by Silvio Micali who has received his Laurea in Mathematics from the University of Rome, and his PhD in Computer Science from the University of California at Berkeley. Since 1983, he has been on the faculty of the Electrical Engineering and Computer Science Department at MIT. Silvio’s research interests are cryptography, zero knowledge, pseudo-random generation, Byzantine agreement, secure protocols, mechanism design, and distributed ledgers. Silvio is the recipient of the Turing Award (in computer science), the Gödel Prize (in theoretical computer science), and the RSA prize (in cryptography). He is a member of the National Academy of Sciences, the National Academy of Engineering, of the American Academy of Arts and Sciences, and of the Academia dei Lincei. Rome before The United States, before London, Before China, Rome is at the epicenter of expertise in monetary policy and finance. This is it. Algorand will be in the top 3 one day.
Long
by axelrodd
2
Can it stay above this CRITICAL support level & keep reversing?*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. *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_
Key resistance levels to break & start looking bullish again*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. 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. *Follow me for the latest cryptocurrency analyses on my watchlist *Let me know in the comment section if you agree or disagree, would love to hear your ideas too. *Thank you to those who donated, I very much appreciate it.
COINBASE:ALGOUSD
by CryptoRush_
Bullish & bearish case scenarios as BTC continues moving*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. 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. *Follow me for the latest cryptocurrency analyses on my watchlist *Let me know in the comment section if you agree or disagree, would love to hear your ideas too. *Thank you to those who donated, I very much appreciate it.
COINBASE:ALGOUSD
by CryptoRush_
Close above this level to switch bullish & supports to watch*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. 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. *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:ALGOUSD
by CryptoRush_
Look out for these support levels if price continues dropping*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. 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. *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:ALGOUSD
by CryptoRush_
ALGO.USDT and BTC (Y20.P3.E2).One of the good onesHi All, When you look at ALGO amongst many to chose from, it has potential to give back x2 or x3 returns however it requires to pass the pullback test. > Requirement > If BTC holds current level (unlikely but possible). Lets say it does then Algorand (ALGO), looking at the Weekly chart, must hold of the weekly support of $0.57 With the ALGO/BTC pairing goes below 4224 sats then its likely to continue down but if it holds then ALGO can perform well in the coming weeks. ==================================================================================== Note: At the moment the weekly USDT is bouncing below but holding the daily USDT chart $0.57. RISK: BTC has dropped but is back above 11500. It needs to hold otherwise the above scenario is invalid. Please give me a like or tick for this post. Cheers, S.Sari ALGO.BTC close up ALGO. USDT overview ALGO.BTC overview
Long
by ssari
ALGO/BTC: Breakout Confirmation for the Long Term 1D (Aug. 11)X Force Global Analysis: If you find our analyses to be helpful, make sure to support us by dropping a ‘like’ In this analysis, we take a look at Algorand (ALGO)'s daily chart, assessing its bullish probabilities. Analysis - To begin with, it's important to note that we have broken out of a descending trend line resistance that had been suppressing prices for over a year - After a breakout, we have had a pullback, retesting the now support-turned-resistance - We have managed to close above the 0.236 Fibonacci retracement support - The Simple Moving Averages (SMAs) are all aligned in the order of: the 20 SMA, 60 SMA, and 100 SMA What We Believe Just as many other alts that have broken out of major descending resistance trend lines, ALGO demonstrates a high potential upside in a bull market. Let us know what you think in the comment section below Trade Safe.
Long
by XForceGlobal
10