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Algousd

ALGOUSD CLOSE TO BREAKOUTALGOUSD is finishing bullish wedge pattern, we already bounced two times and closing in on breaking it upwards. We should look for a retracement back to 50% fib. Aroon: On a daily timeframe it is already giving us an entry for a bullish trade. Macd: is showing bullish momentum gain but we need to wait for a signal line to cross. Bollinger band: We already bounced off of a bottom of a Bollinger band which indicates we should go long. Entry: 0.77 Invalidation: 0.600 Target: 1.66 Ratio: 1:5
BINANCEUS:ALGOUSDLong
by vf_investment
2
ALGO shortTotal market: - BTC at daily resistance, bulls losing momentum. Price has broke triangle on 15 min chart to the down side Daily: - Price getting rejected at 20 day EMA & previous structural level 4H: - Had bearish divergence, price could not break resistance level 1H: - Price broke uptrend line, retested and has rejected and making move lower 15 min: (entry) - Price selling off, going to have bb break to the downside Stop loss: 0.8649 - within previous volatility level above VPVR zone Take profit: 0.7336 - at strong liquidity zone on daily * managing trade discretionally
Short
by CMSTrading
ALGOThinking ALGO ran The Fib extension gambit here all the way to $3 back in Aug 2021. (luckily some of our members took part in this move as I alerted the buy around $1 I think back in July 1 month prior) since then Algo stays inside 1 brutal correction and I'D say .53c gets tested B4 we can resume the run. But the wick to .67c bottom channel TL does show massive support. So kinda hard to call here, but if my BTC analysis is correct in projecting BTC double bottom after we finish this B wave then ALGO will likely hit my lower bearish targets. If my BTC analysis is incorrect then likely ALGO has bottomed. Let's keep an eye on this.
COINBASE:ALGOUSDShort
by Big_Mike716
💡Don't miss the great buy opportunity in ALGOUSDTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.8073). . 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 below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 59. Take Profits: TP1= @ 0.8483 TP2= @ 0.8822 TP3= @ 0.9303 TP4= @ 0.9673 TP5= @ 1.0086 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
8
💡Don't miss the great buy opportunity in ALGOUSDTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.8073). . 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 below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 58. Take Profits: TP1= @ 0.8483 TP2= @ 0.8822 TP3= @ 0.9303 TP4= @ 0.9673 TP5= @ 1.0086 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
6
ALGO PLAYS CATCH-UPAlgorand is displaying the early signs of a bullish reversal, flipping the daily 20 EMA (exponential moving average) into support around 1.05 USD, is the confluence needed to reinforce this trading idea. Many big cap altcoins are beginning to chase liquidity, and you could not have asked for a more clean technical set-up here. If the D1 20 EMA becomes support, then the next resistance is at $1.30USD. Once in profits, manage your own risk accordingly (move up stop losses into break-even for a risk-free trade is but one example). SUPPORT 1: $0.90 USD SUPPORT 2: $1 USD RESISTANCE 1: $1.30 USD RESISTANCE 2: $1.60 USD easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
COINBASE:ALGOUSDLong
by easyMarkets
ALGOUSD D2: 500%+ gains THE BEST Level to BUY/HOLD (SL/TP)(NEW)Why get subbed to me on Tradingview? -TOP author on TradingView -2000+ ideas published -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -before/after analysis -24/7 uptime so constant updates IMPORTANT NOTE: If you want to request analysis via DM you have to SUPPORT MY IDEAS FIRST - LIKE/COMMENT. Otherwise don't waste my time. 🎁Please hit the like button and 🎁Leave a comment to support our team! ALGOUSD D2: 500%+ gains THE BEST Level to BUY/HOLD (SL/TP)(NEW) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. 🔸 Summary and potential trade setup ::: ALGOUSD D2 chart review ::: chart looks good /strong ::: setup still valid as of right now ::: noteworthy compression in progress ::: expecting one final pullback soon ::: get ready to BUY LOW later ::: best reload bulls near 60C later ::: expecting 500% bull run ::: re-test of sliding S/R line ::: near 3.50 USD later ::: BULLS stay out be ready later ::: expecting short-term pullback ::: BULLS get ready to BUY after pullback ::: TP bulls is +500% gains later ::: expecting decent gains soon ::: 30-45% pullback short-term ::: recommended strategy: BUY/HOLD after pullback ::: TP BULLS +500% gains / 3.60 USD ::: BEST reload BULLS near 60C ::: TP BULLS is 3.60 USD+ final exit ::: SWING TRADE: BUY/HOLD IT ::: bull run not over yet ::: good luck traders! ::: BUY/HOLD and get paid. period. 🔸 Supply/Demand Zones ::: N/A ::: N/A 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment mid-term: BULLS ::: Sentiment short-term: BEARS/PULLBACK RISK DISCLAIMER: Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
BINANCE:ALGOUSDLong
by ProjectSyndicate
6
ALGO, pay attention to this key level!On the ALGO chart you can highlight the key level of $1. Now this level acts as resistance. The price has already tested this level several times, with each test the level is weakening. Therefore, in case of squeezing and breakout, there could be a good opportunity for buying. But the whole market is in a downtrend right now, and many breakouts end up with a false breakout. Therefore, in case of a false breakout there might be a good opportunity to sell. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
by Yuriy_Bishko
2
ALGOUSD | ALGOUSDT Short trade on harmonic patternThis is just ALGOUSD short trade taken on Phemex exchange with all Twitter link for personal trading journal but maybe someone will find this helpful. Trade is taken when I saw ALGO reached bearish Gartley harmonic pattern PRZ and possible projected harmonic pattern. After reached confluence of two bearish harmonic (Cypher and Anti Butterfly) I have ready short position with stop loss and targets based on bullish harmonic projection (I use also harmonic patterns for good place to take profit in stages). And always moving Stop on break even or in profit in stages. Rest of full of this trade (I took 3 short and one long what is closed on break even, flipped to short) is on chart with all update I done on my Twitter. Reminder to always give winning trade to run and losing trade cut when you see is going against your idea. Use Stop Loss and take profit in stages. Move Stop Loss according to your trading plan.
by CryptoArch_
Algorand is going to shock the worldAlgorand is long overdue a real bullrun. After completing an accumulation phase, followed by a distribution, followed by a reaccumulation phase, and a redistribution wyckoff event, what comes next is a complete mystery, but xrp skyrocketted after a similar pattern. That time xrp ballooned from half a cent to 45 cents by May of 2017. Recent glitches on tradingview show a sudden spike in total2 as the marketcap excluding Bitcoin takes on 3.5 to 4 trillion dollars first leg up, while btc.d drops to 17% another glitch, one of 7 in the last 2 years. XRP.D also temporarily hit 0.80%, it shows a very similar pattern to the start of 2017 which is very strange because Bitcoin dominance is also showing the same pattern as the end of November 2016. By now, it feels almost as if everyone gave up on Algorand because it didn't print any ROI since inception and listing price at 3.3 dollars. What if, just saying, what if, the real run is very near, April 1st most likely if not sooner. It feels like a 2016 end repeat. Be on the look out.
Long
by axelrodd
5
ALGOUSD has bottomed. Next High at $4.00.Algorand's price action has been very straightforward since the start of 2020, as it has been trading within a long-term Channel Up. Every Higher High follows a +0.236, +0.786 +1.0 sequence on the Fibonacci scale and every Bottom is made on the second low following the correction and a Triple Bottom on the 1D RSI (green shape). If this pattern continues, then ALGO should currently be on its bottom as it is the second low leg since the correction (could be even the third if we count December 04). That makes it a strong buy opportunity on the current levels. A 1D MA50/MA100 Bullish Cross should come as confirmation of the rally but the accumulation process has already started. Based on the Fibonacci sequence of Higher Highs, the next High should be on the 2.236 Fib extension i.e. somewhere around $4.00. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
BINANCE:ALGOUSDLong
by TradingShot
10
AlgoUsdt Algousdt: Description: It made small breakout but without any confirmation about it. We just got 2 candlestick clsoed above it which is not enought and also there is some diagonal resistance trendline from which one we got rejection and rejected down to retest breakout level. For now i can't say anything with ambitions about algo. If we hold this level next resistance would be around 1.65$ If we got rejection from here next support line would be around 1,383. if lose that level most likely in that case algo will drop down around 1,2 WIth respect your Rhino Aka Bear.
by RhinoAkaBear
ALGO/USD ChartHi, I try to post often so if you could follow and like it would mean a lot to me. ALGO is very bullish right now and is ready to move towards 2$. The FOMO on the coin is amazing, the 4H and 1D charts are looking amazing. The coin broke the 1.50$ resistance a few days ago, and after having a bullish retest, the coin looks ready to skyrocket. I don't have to much to say, but right now BTC is moving sideways in between the 45K-48K, and the best way to be profitable right now is in alts that are showing strenght (like ATOM and ALGO). Please comment what you think and check my recent ideas!
COINBASE:ALGOUSDLong
by Devan-CryptoCharts