ALGO Breakout COMING SOON!Price seems to have bottomed out at .83 on Feb 23. That's a 55% pullback! Since then price has been consolidating in a narrow range. As this pattern becomes more narrow, price will breakout soon. VERY IMPORTANT, price could breakout to either side. It's also very possible that price could break below .83. It's not unusual for Altcoins to correct by more than 60%. Still it's a great opportunity! Manage your risk!
Algotrading
ALGOUSD (ALGORAND) - POTENTIAL BUY ENTRY ANALYSIS 🔎
- ALGOUSDT brokeout above descending trendline resistance.
- Price action is printing an ascending triangle pattern.
- This is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the ascending triangle's horizontal resistance.
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
EURUSD London session trading plan march 2ndLondon session set up for NFP week. 3/1/2021 - 3/5/2021
Looking for some wild price action into day 2 of week 1 March.
Bias: Bearish
Seasonal Tendencies : Consolidation
Monthly Judas? Yes (Expecting on week 1/2)
Weekly Judas? Yes (Expecting Tuesday low of week)
Daily Judas? Yes ( Possibly will complete on current trade set up)
Institutional order flow weekly : Bullish
Institutional order flow daily: Bullish
Institutional order flow H4 : Bearish
Institutional order flow H1: Bearish
Institutional price levels near? : Yes 1.20000 at the start of FVG 14 pips above our TP target.
Confidence level : ⭐️⭐️⭐️⭐️(4/5)
Entry 1 : Mitigation block formed inside of the asian range.
-1.20233
Take Profit : End of Fair Value Gap on the 4HR
Entry 2 : 15 min Fair Value Gap formed out of central bank dealers range going into asia.
Take profit : End of Fair Value Gap on the 4 HR.
Notes
Possible shift of higher time frame institutional order flow this week.
Will keep a look out for this shift in price action after HTF fair value gap is filled.
Expecting Higher prices in EURO for NFP
ALGOUSDT Zoom UP 🔜ALGO is been low key trying to recove r, done pretty well in this regard.
Inverse H&S formed nicely is the journey so far
ALGO is yet to fully realize its potential. Promising future for real use-case.
A few resistance on the way up .
So expect zig-zag dances as we move along
I picked an entry at $1.31
I am bullish on ALGO/USDT
Final target seen in chart. Might be hours or days. This coin moves steady, no hype!
Symmetrical triangle already gave way
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FMC Trade with MOUNT Germany 30 Quant SystemTrading is Waiting - Quants have a lot of time and wait until they the setup fits their requirements.
Traderama uses quant based "buy the valley" strategies for equity trading. This is an example, that the best returns will be achieved if you find the bottom and trade the bounce.
This trade example is a result of the MOUNT Quant System
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/
CADCHF Daily Long, Algo TradingCADCHF Daily longs. Trade was transferred from MT4 > Tradingview, all indicators aren't present. Keltner + bolly bands = trending, momentum = up, Means the pair is trending.
Volume isn't fully present to enter full risk position (fill 2%, enter with .05%)
QQE signals long
Strength is Long
Pair is Trending.
Mean-reversion SHORT - US100/NASDAQGreetings folks,
The tech index has been rising quite sharply since end of last Friday, forming a few large and strong bullish bars.
A pin was formed, though small, at the upper bollinger band with the default 20 period and 2 standard deviation settings.
My trading system recommends a short at the low of the pin with the SL be at the high of the pin.
The system historically has a 36% winrate with a 12(%/R) returns for the past 132 trades when locking in 2R (or 2x profit to risk).
Cheers
PineConnector
ALGO to 2.67 in the near futureALGO has a great 6%APY and on top has a $2.1B market cap with constant volume at 1.3B range. This is indicating exponential growth with huge incentives. I think this will surpass GRT which has reached ATH of 2.89 at the time of this post. ALGO also has the chance of going as high as $12 by summer time.