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Algorandusdt

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 $0.57. RISK: BTC has dropped but is back above 11500. It needs to hold otherwise the above scenario is invalid. Please give me a like or tick for this post. Cheers, S.Sari ALGO.BTC close up ALGO. USDT overview ALGO.BTC overview
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by ssari
ALGO/BTC: Breakout Confirmation for the Long Term 1D (Aug. 11)X Force Global Analysis: If you find our analyses to be helpful, make sure to support us by dropping a ‘like’ In this analysis, we take a look at Algorand (ALGO)'s daily chart, assessing its bullish probabilities. Analysis - To begin with, it's important to note that we have broken out of a descending trend line resistance that had been suppressing prices for over a year - After a breakout, we have had a pullback, retesting the now support-turned-resistance - We have managed to close above the 0.236 Fibonacci retracement support - The Simple Moving Averages (SMAs) are all aligned in the order of: the 20 SMA, 60 SMA, and 100 SMA What We Believe Just as many other alts that have broken out of major descending resistance trend lines, ALGO demonstrates a high potential upside in a bull market. Let us know what you think in the comment section below Trade Safe.
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by XForceGlobal
10
ALGORAND - Moon Signal?!Hi, I have the feeling that our dear Friend ALGORAND is gonna offer us a nice Bull Trend for the next weeks... Anyway, if we close above 0.3366$, we got probably a nice run! - Ascending triangle; - Volume is still growing; - OBV is increasing (refill bags by market makers?); - No bearish divergence in DAILY; - RSI not yet in overbought; According to me we are gonna start a wave 3. It means the standard level is : 1.618, 2.618 or 3.618. By the way, the only level that reach a good resistance would be 3.618 at around 0.8241$ (TARGET 1). Trade safe! Cheers, PS: it's not a Financial Advice.
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by Horus83
ALGOUSDT forming bullish Shark | Upto 79% bullish move expectedAfter successful formation of bullish BAT now the Priceline of Algorand / US Dollar cryptocurrency is forming bullish Shark pattern and soon it will be entered in potential reversal zone. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. I have used Fibonacci sequence to set the targets: Buy between: 0.1998 to 0.1681 Sell between: 0.2326 to 0.3011 Regards, Atif Akbar (moon333)
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by moon333
1
Algorand - signal by EXCAVOI have been following this coin several months ago, when I saw that the volumes were coming, from that time the coin was moving in a horizontal trend, or I would say in the accumulation zone. I already made a profit with this coin Why do I think this coin will grow? 1. Because it is a Proof of stake coin and large coin holders, I think they will not sell it 2. Because the price of a coin fell in price by 93.7% 3. I see the accumulation zone of this coin 4. this coin is on the binance and it is new, and I did not see the pump, it means that it will be;) This coin is in my top coin list for midle period of time. Best regards EXCAVO
Long
by EXCAVO
7