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Algotrading

ALGO/BTC pumpin!!Here is a quick analysis of the ALGO/BTC chart pumping. Next targets are resistances marked in horizontal ray blue at 4575 sats & purple at 5540 sats per ALGO coin. Big green arrow shows how the trend tested the 200 MA and bounced off of it making to break the downtrend channel that was created. RSI indicator shows how once the downtrend was broken (blue small arrow), it backtested before mooning (orange small arrow). MACD Showing how positive momentum is building up... :)
Long
by subawu
3
GOLD - 1920 Target Confirmed, But Don't Chase PriceWe clearly underestimated this current upswing and did not expect gold to break 1835. We expected one more dip to 1770 level then a breakout to the upside follows. Yet market proved us wrong by breaking 1835 today and reaching as high as 1868 after unexpected CPI number came from the US. So we are back to the original plan with our bullish case for gold to 1920-1950 level by year end if you follow our tweets. Gold surely has its eye on next target 1920 after breaking important resistance 1835. However, do not chase the price as it goes up really fast after shocking news. After digesting the shocking news, gold will probably temper down a little bit. Traders will take profit and big boys will shake out weak hands, the ones who chase the price up. Technically, you can see gold is repeating its algorithm pattern in April. So we suspect that after this big up, gold will retrace back to 1820-1835 level before making its big upside move toward 1920-1930 level in the next 2,3 weeks. We would prefer to buy dip. However, it is not a bad idea to short gold from resistance 1865-1875 back to the support level 1820-1835. Our recommend trade is to sell gold around 1865-1875 and target 1825-1835.
FX_IDC:XAUUSDShort
by GOLDTREND-NET
EURGBP buy valid 👊It's late on but I thought I would end the night sharing some trades I still find myself in come end of the day. POW EDGE trend strategy in use for this EURGBP trade. Entry details are shown on the chart the trade has been live since 20:00 UK time. Working the H1 time frame here and we're only looking for TP3. Previous trades can also be seen on chart and regular followers will know this strategy and some of those trades have been covered recently. Simple small pip movement this strategy but the figures in the report box back it up that it's a proven way to trade in this manner. As always the report box at foot of the idea shows the stats for this strategy. In that box every trade is logged and can be viewed by clicking the tabs in the report box. You as the viewer of this idea can also do that so go ahead and have a play. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily. Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way. ------------------------------------------ Please hit the 👍 LIKE button if you like my ideas🙏 Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌 No one likes missing out, do they? Also, see my 'related ideas' below to see more just like this. The stats for this pair are shown below too. Thank you. Darren.
Long
by pow_removetheguesswork
1
Algorand could breakout anytime$ALGO has been lagging behind in price action lately, after a pullback from it ATH of $2.50 level. A symmetric wedge is currently forming on the daily chart, and with Bitcoin being pumped about 15-20% since last week, it time for money to enter alts. With excellent technology and fundamentals $ALGO is comparable to the likes of $ADA (Cardano) which currently captures approx 70B market cap. Short term: ATH coming soon, Medium term: I see $ALGO going up to $8-$10
Long
by moneek91
$ALGO cup and handle pattern since 2019BINANCE:ALGOUSDT Look at this cup and handle pattern forming since June 2019. This is perfect TA pattern which give us potential move upside to 5.50 (1.618 Fib) Also we just trade exactly on 0.5 level FIB in monthly timeframe . In local timeframe we have a higher low and lower hight so we are forming triangle with potential upside break out. Target of this break out 3.42. Since September 6, we trade also on 0.5 level FIB. More details marked on chart! Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! Disclaimer: Please be aware of the risks involved in trading. This video was made for educational purposes only not for financial Investment Purposes.
Long
by Crypto4light
1