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Algousd

Algorand (ALGO) - July 19Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (ALGOUSDT 1W Chart) It is expected that an upward trend will occur when it breaks above the 0.4253-0.6132 section. (1D chart) Primary resistance: 0.3689-0.3872 Secondary resistance: 0.4253 Support: 0.3091-0.3310 The key is whether we can break through the 0.3689-0.3872 section, which is the primary resistance section, upwards. ------------------------------------------------------------ ------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly as price and volume move. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
Algorand (ALGO) - June 30hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (ALGOUSDT 1W Chart) Below 0.5021 is likely to be a mid- to long-term investment area. (1D chart) Below 0.3310, it is likely to enter the long-term investment realm. So, the key is whether it can move higher than 0.3091-0.3310. Rather than rising immediately, it is likely to rise after it leads to a further decline. As I said in the explanation of the BTC chart, I think that it is more likely to rise faster if it moves sideways while showing a large fluctuation. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
Algorand (ALGO) - June 16hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (ALGOUSDT 1W Chart) The 0.5021-0.6132 section or less is likely to be a mid- to long-term investment area. Therefore, the key is whether it can move higher than the 0.5021-0.6132 section. (1D chart) An important volume profile section is formed around 0.3091. Therefore, if it falls below 0.3091, there is a possibility of entering the long-term investment area, so careful trading is required. Looking at the overall picture, the volume proifle section is formed over the section 0.3091-0.6132. Therefore, it needs to move above 0.6132 to continue the uptrend. Once you see support at 0.3310, you can make an aggressive buy with a small amount. This aggressive buy can be used as a way to increase the number of coins for profit by making short-term trades. A full-fledged buy is possible when we see support in the 0.5021-0.6132 section and rise above 0.6132. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
1
ALGO/USDT - Potential Short ScenarioHello Traders! ALGO price continues to move within the descending trend completing the previous market cycle. The culmination of the falling phase will be an aggressive downward exit of the price under the support level of $0.25 Medium-term purchases can be considered at $0.1440 - $0.1900. The targets of such purchases will be price levels of $0.25 and $0.36 Good luck and watch out for the market P.S. This is an educational analysis that shall not be considered financial advice
COINBASE:ALGOUSDShort
by UnknownUnicorn10064030
1
Algo.Algo saw a clean 5 wave impulse which had begun back in march of 2020. The impulse was completed in November of 2021. Since that top, Algo has put in what looks to be a zig-zag (labeled a-b-c). -it has retraced roughly 61.80% of the entire bull run. -quadruple bullish divergence on the daily time-frame is present (very rare). -indicative that this dip could potentially be a wave (2). if i'm right about all of these alts being in a 1-2, then we are in for a ride into the skies. --- things definitely don't look too good in the world right now, the economic crisis which is happening right now would be the single biggest argument against what i'm portraying here. the only way this scenario could play out, is if something drastic changed in the world in the near future. --- i will continue to entertain the idea that these could indeed be 1-2's, but i'm also going to approach this very conservatively and with extreme care \ caution; making sure to use proper risk management if i ever was to play any of these. nothing in this market is certain, in fact, it's all extremely uncertain right now; and there is an infinite amount of possibilities which could potentially be at play. this is merely the bull case, nothing more. there is also a very probable bear case, so you gotta be very careful. don't be attached to either side, just let the market show you what it wants to do, then simply go with the flow. --- Best of luck!
by notoriousbids
💡Don't miss the great buy opportunity in ALGOUSD  Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.6418). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . ALGOUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 65. Take Profits: TP1= @ 0.7444 TP2= @ 0.7727 TP3= @ 0.8096 TP4= @ 0.8968 TP5= @ 0.9881 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
4
💡Don't miss the great buy opportunity in ALGOUSD Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.6418). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . ALGOUSDT is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 65. Take Profits: TP1= @ 0.7444 TP2= @ 0.7727 TP3= @ 0.8096 TP4= @ 0.8968 TP5= @ 0.9881 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
10
#ALGO/USDT 1DAY UPDATE BY CRYPTOSANDERS Welcome to this quick ALGO/USDT analysis. I have tried my best to bring the best possible outcome in this chart. Reason of trade:- ALGO/USDT PARALLEL CHANNEL brake the green and trandline and buy the retest green zone. PARALLEL CHANNEL green zone. (SPOT CALL) Entry:-$0.4230,$0.4625 Traget:- 30% Stoploss:- $0.3555 Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. Thank you...
Long
by CryptoSanders9563
[ALTCOIN] ALGOUSDT TREND LINE ANALYSISHello, everyone We're a team that specializes in chart analysis We will always analyze and provide you with charts to help you sell There are so many trading laws and there are so many good technologies that come with them, but I'm confident that the trend line is really strong. If you read the point of view and get to know the line, every line will adjust Thank you. Personally, I don't like it because it's a coin that has often shown me playing with the trend line. For example, around here, when a rebound was expected, he often showed a green frog-like appearance that he supported in the line that was always expected to break and break. There has been a rebound in the current support section, but it seems that it will show a good performance only if it is raised more strongly to break through the thick yellow upward trend and retest.
by BIT_INVEST
ALGOGUSD (Long Term Buy?) Scaling InScaling in to obtain best asset prices: We are looking to acquire assets to hold long term as the markets are selling off and the SPX and ES breaking through the 4,000 level while the DXY may test new highs. We do this by scaling in slowly to obtain an attractive weighted average price in selected cryptos. For this to work, you need to be VERY TIGHT in your entries and sizes, and not chase the markets. One of the assets we are looking to acquire is Algorand (ALGOUSD) which from their website, is "the world's most decentralized, scalable, and secure blockchain infrastructure, that is capable of powering anything from decentralized finance to generative NFT art, powering future economic models." Reminders: 1) Unless you are selling puts, it is more difficult to protect yourself from the downside in cryptos and create a margin of safety by selling DOTM puts on lower strikes for protection. 2) Cryptos are more risky therefore portfolio allocation and trade sizes are of critical importance. Levels where we are looking to buy. We are looking make small purchases in the 25 to 50 cent area as it's a great price range for a long term hold. If you buy in the 50-69 cent range, it's a good but not as great. Anything above 69 cents, you are starting to chase as our min sell target is $1.85 No matter what the SPX ES and DXY do, we are looking to purchase ALGOUSD at levels that have attractive risk to reward ratios, where slow scaling in with a long term hold make sense. At the low end, if we risk $0.25 to make $1.60 (eg 1.85 - 0.25 = 1.60) or over a 5x return. At the mid level, we risk $0.50 to make $1.50 a 3x return. * If you are not willing to scale in small amount of money for a very long time minimum 3-7 years here don't do this trade. Hope it helps Marc
COINBASE:ALGOUSDLong
by PowerIndicators
4
Algorand (ALGO) - May 10hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (ALGOUSDT 1W Chart) Above 0.6132: It is expected to continue the upward trend from a mid- to long-term point of view. If it falls below 0.5021, there is a possibility of entering the mid- to long-term investment zone, so careful trading is required. Therefore, it is an important observation point to reserve the power to create a new wave by going sideways in the 0.6132-0.9353 section. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto