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Algousd

buy zoneit's no secret that i'm bullish on ALGO long term, and i think we're likely to see strong growth starting in Q1 2022. here are a few reasons why: the new governance model is beginning, and users will be locking up supply for extended periods of time, effectively taking algo out of circulation. supply down, price up. el salvador committing to algorand for their crypto infrastructure. el salvador doesn't exactly have a great track record as a model government, but i do think their endorsement is a valid signal of adoption. it's fast and cheap and has some of the best minds behind it. and with MIT's ties to the Fed, i'm betting ALGO is on the U.S.'s short list. placing my next round of buy orders on this $1.30 support. price may dip further to retest either of the major bull trendlines, but i don't think the probability is high enough to risk waiting. this is (not coincidentally) right around the same level i was buying last time:
by reees
2
ALGO we tested 0.38 FibBINANCE:ALGOUSDT ✅Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it. Thank you. Possible Targets ➡️We tested 0.38 Fib global chart since 2019. (1.39$) ➡️I mention how much % Algo made last 2 times when we touch bottom on 1D on RSI ➡️According by cup and handle pattern what I've mention in previews ideas ALGO should reach 3.44$ ➡️We got huge wick candle on 1D if we hold 0.38 fib we will go in to this imbalance zone 3-4$ ➡️Worse case scenario if btc going to 44-40K we can see retest support global line and test 0.23 level by fib around 1$ ➡️Targets still relevant for Algo 3.45$ - 5.52$ 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 idea was made for educational purposes only not for financial Investment Purposes. Don't forget sub and join my channels under this idea!
by Crypto4light
ALGORAND- Updated Chart with Key Levels 🕺Updated chart for ALGORAND which had a nice recent Pump and Dump that hit our 3 previous targets. Remember: Buying and Holding will get you places but learning how to take profits and buying the dips will take you there faster... 3 Reasons to Buy Algorand : 1. Interoperability 2. Smart contracts 3. Algorand's growth potential is impressive For hypergrowth investors, finding investments that provide unique competitive advantages and moats is important. In the cryptocurrency world, there is certainly no shortage of such options. However, Algorand's unique network provides interoperability along with functionality that is truly enticing. Of course, like other digital tokens, Algo is not without risk. This token's value depends upon the market consensus of its value, and the value of the underlying Algorand network. Accordingly, volatility can be expected. However, those seeking a hypergrowth option in the cryptocurrency space today have reason to consider Algo. This is one of the top cryptocurrencies I've got on my watch list right now. One Love, the FXPROFESSOR
Long
by FX_Professor
3
Algorand (ALGO) - December 7Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (ALGOUSD 1W Chart) - Mid-Long-Term Perspective Above 0.76754798 point: Expected to create a new wave. (1D chart) First resistance section: near point 2.30117362 Second resistance section: 2.84473154-3.02591751 First support section: near point 1.21405778 Second support section: 0.67049985-0.85168582 A move above the 1.97455023 point is needed to see if it can accelerate the uptrend. If they do, they should check to see if they find support at the 1.57642973-1.75761570 zone. The price should hold above the 1.35658321 point to continue the uptrend. Accordingly, a short-term Stop Loss is required if the price declines from the 1.57642973 point. ------------------------------------------ (ALGOBTC 1W chart) 6469 Satoshi point or higher: Expected to create a new wave. Above the 2886 Satoshi point: It is likely to turn into an uptrend and continue the uptrend. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves. ------------------------------------------------------------ ------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet. (Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** 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.) ---------------------------------
BINANCE:ALGOUSD
by readCrypto
5
MY MINIMALIST CHART ANALYSIS FOR ALGORAND $ALGO ON TRACK WITH OUR TARGET AREA OF VALUES 11.18.21 1422H +8 SINGAPORE Disclaimer: The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice. ALERT: VITAL SIGN A-OK, WE WILL FINISH THIS SWING. The Market has amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION. We are now looking at an ENTRY that we can TOP-UP for our Investment FIB 0.618. Congratulating all those who have climbed the SWING together with me. REMINDER: INDICATED ARE ENTRIES, PARTIAL EXITS/TOP-UPS, EXITS, and MAXIMIZED AREAS OF VALUE "FOLLOW THE WHITE RABBIT!" Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE where the MARKET will take you. HOW TO USE THIS MINIMALIST CHART Created on a MONTHLY, WEEKLY & DAILY Analysis (The Dynamics of the Market.) It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it. You can CLICK AND hold THE CHART and PAN or DRAG IT. TARGET ZONE IDENTIFICATION The LARGE BOXES (Tops and Bottoms) are MAJOR pivot points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR pivot points. These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS, and, if you wish to hold longer for a MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.) At times I include WAY BEYOND PARABOLIC Price TARGETS depending on The Character of the Market (CRYPTOS ONLY). Watch out for your Volume, Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, especially institutional and retailer trading psychology. Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work. Much thanks to My 3 Mentors. They are so much of a Blessing that I also wish to Share. Vive Le Autist! Vive Le Egalitarianism!
COINBASE:ALGOUSDLong
by The_Crypto_Samurai
5
Algo has reach the bottom of this correctionAfter the correction that we just saw, it is just a matter of time before we bounce right back up. My entry point is right now $1.69 the RSI is very low the MACD is also very low indicating a promising bounce. The next few hours are important, if BTC can hold the line at $60K then we will see a quick turn around. If the support breaks, the next stop is $52K so it will take a bit longer to recover. We have 2 supports, one at $1.49 and another at $1.19, but I really don't think we will make it to that and this is why I prefer to get in right now, even if it will drop a little further still. TP1: 2.03, (50%) TP2: 2.23, (50%)
Long
by crypthal
7
Algorand (ALGO) - November 15Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (ALGOUSD 1W Chart) - Mid-Long-Term Perspective Above 0.76754798 point: uptrend expected to continue (1D chart) First resistance section: near point 2.30117362 Second resistance section: 2.84473154-3.02591751 Support section: 1.57642973-1.75761570 We need to see if we can sustain the price above the 1.90329264-1.97455023 segment. If it goes down, you should check to see if you find support in the support zone. If the price holds above the 1.90329264-1.97455023 range, I would expect a move to move above the first resistance level. ------------------------------------------ (ALGOBTC 1W chart) 4309 Satoshi-6469 Satoshi section or more: Expected to create a new wave. Above the 2886 Satoshi point: Expected to turn to an uptrend. Currently, it is forming a box section below the 4309 Satoshi point and walking sideways. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released. (Since it is not publicly available, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying the 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.) ---------------------------------
BINANCE:ALGOUSD
by readCrypto
1