Algorandusdt
ALGO BTC SHORT TIME ANALYSIS (ALGORAND BITCOIN)first resistance 7100, my expectation is 8200.
it is not investment advice. it is my personal work. I wish everyone luck.
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.
ALGO-Preparing for second Takeoff!
Algo had a huge sell-off, however, has recovered strongly by bouncing at the support area outlined there.
We can expect it to begin another bullish run if it breakout of the outlined red area.
-Megalodon (Rahim)
Enjoy!
Please be safe and diligent, do not take this as guaranteed advice.
HUOBI:ALGOBTC KRAKEN:ALGOEUR KRAKEN:ALGOXBT BINANCE:ALGOUSDT
You can Expect some profits from Algo BTCthere is bullish div on daily and ALgo is one of the coins which shows the potential of growth. you can open a small position at 0.00002249 with SL 0.00002231 TP at 0.00002286 and we can also see targets up to 0.0002749 but it would be safe to fix partial profits and you can move your Sl with the trade.
#ALGOBTCALGOBTC
We got a cup & handle pattern on ALGO by daily. Much upside is expected if we break through 2630 sats resistance zone and confirm the pattern.
ALGO / USDT Mid to Long Term Hold IdeaALGORAND seems to be in reasonable range to be accumulated. For mid to long term holds, this might be an idea to consider. Put your stop losses in place.
$ALGO some levels to take profit(only if $BTC pump do)Algorand catch some nice trend above demand line, it can be start of a big wave(targets are green doted lines,stops under the first rerd line)
Setup is ready to takeoff, we need just a little spike up on bitcoin to do this
ALGOUSDT: Bearish retest and fall into the abyssLooks like bearish retest so far and fall into the abyss next 'coz there's no support left.
Information is just for educational purposes, never financial advice. Always do your own research.
ALGOUSDT: Looks bad, need to get back in rangeDoes this look like a good buy? Absolutely not.
I won't touch this until it returns to the selected area. It's about 40% higher than current price, not that easy to climb.
Information is just for educational purposes, never financial advice. Always do your own research.
ALGORAND - Moon Signal?!Hi,
I have the feeling that our dear Friend ALGORAND is gonna offer us a nice Bull Trend for the next weeks... Anyway, if we close above 0.3366$, 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.
Altcoin: Next pair to watch ALGOUSDT Hi Traders
ALGOUSDT start to build up a pump. It crossed the Moving Averages (except the SMA200) on the daily. With a possible start of alt season in the back, this could be
another coin to pump.
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)
ALGOUSD formed bullish BAT | Upto 37% profit expectedPriceline of Algorand (ALGO) / US Dollar has formed a bullish BAT pattern and entered in potential reversal zone.
Do use the potential reversal zone as stop loss in case a candle stick closes below this PRZ area.
I have defined targets using Fibonacci sequence as below:
Buy between: 0.2207 to 0.2093
Sell between: 0.2477 to 0.2883
Regards,
Atif Akbar (moon333)
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
ALGOUSD forming bullish Gartley | A good long opportunityPriceline of Algorand (ALGO) / US Dollar is forming a bullish Gartley pattern and soon it will be entered in potential reversal zone insha Allah.
Do use the potential reversal zone as stop loss in case a candle stick closes below this PRZ area.
I have defined targets using Fibonacci sequence as below:
Buy between: 0.2691 to 0.2629
Sell between: 0.2740 to 0.2857
Regards,
Atif Akbar (moon333)
