Algousd
ALGOUSD D2: 250%+ gains THE BEST Level to BUY/HOLD(SL/TP)(NEW)Why get subbed to me on Tradingview?
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ALGOUSD D2: 250%+ 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
::: updated/revised outlook
::: overall strong chart looks good
::: BULLISH compression pattern
::: focus on buying lower later
::: final swipe lower possible/likely
::: but then expect MASSIVE GAINS
::: chart looks good /strong
::: still valid today / great setup BULLS
::: BULL FLAG setup with massive upside
::: still expecting pullback off the highs
::: get ready to BUY LOW later
::: accumulation in range previously
::: then we had 350% gains PUMP
::: we had 2 pumps already before this
::: 350% pump - pullback
::: then 350% pump and now pullback mode
::: expecting short-term pullback
::: BULLS get ready to BUY after pullback
::: TP bulls is +250% gains later
::: expecting decent gains soon
::: 20-30% pullback short-term
::: recommended strategy: BUY/HOLD after pullback
::: TP BULLS +250% gains
::: 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.
ALGOUSDT, Are we repeating the previous cycle ?Hello everybody
According to the chart you can see the price was done the cycle and now because of the distance of the price is a little far from static support line that we shown on chart (Yellow Box), We expect the price is coming to impact to the trendline support area then it can repeat the cycle and we are in the beginning of the cycle.
But if the price can not support from the trendline support zone its ready to drop more and break that support and reach to our static zone (Yellow Box).
The trend of the ALGO is upward adn we are only be in position according to the trend :D
Previous analysis :
If you have any question ask us in private
Good Luck
Abtin
Algo going back to 1$ ?BINANCE: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
➡️Test fundamental price 1$ and global support trend line
➡️ Retest on D1 downtrend fib line
➡️ Retest 0.23 level FIB to make a continuation move UP
➡️ After retest target by end of Bull Run 5.52$
➡️Pattern since 2019 cup and handle already played.
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!
ALGOUSD - Bullish idea on the daily timeframeHello traders and investors,
Today we have looked at the ALGO / USD pair. Assuming that 2020 March low is the beginning of a primary cycle (purple) and that 2021 February high is the beginning of extension in primary wave 3 (hence intermediate blue wave 1), I can only be extremely bullish that we are in a 1-2-1-2-1-2 pattern that is unfolding towards new (incredible) high.
Looking at possible targets, I see a confluence of Fibonacci for primary pink 3 (2.618) and possible ends of intermediate blue wave 5 (200%).
This is a bullish idea that still needs to unfold in the next couple months.
What's your target?
ALGOUSD LONGWe recommend to take a long position as the price is currently at the lower boundary of the Keltner Channel. Moreover current market conditions are favouring bulls and we expect it to bounce towards the previous support which should be act as a resistance.
Entry and target are shown in the chart.
No financial advice.
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 $1.30 support. price may dip further to retest either of the major bull trendlines, but i don't think the probability is high enough to risk waiting.
this is (not coincidentally) right around the same level i was buying last time:
ALGO we tested 0.38 FibBINANCE:ALGOUSDT
✅Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it.
Thank you.
Possible Targets
➡️We tested 0.38 Fib global chart since 2019. (1.39$)
➡️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!
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
Algorand (ALGO) - December 7Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(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.
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(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.
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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.
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** 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.)
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ALGOUSDT , Amazing movement ...Hello everyone
Its one of the amazing chart that we analysed , it has amazing movement
According to the chart, after parabolic upward movement and complete waves, we expect the correction is omig toward the first support zone of trendline and if the price break this level, the price can drop to other levels of support zone.
If you need any help just tell us and send us messages in private
Good Luck
Abtin
ALGOUSD Fibonacci CircleI have drawn up some Fib circle describing a bullish move to a spot that has been a previous trend rejection point (red ovals)
Price comparison points can be drawn between the green ovals
Major trendline in bold white line
The Cup and Handle pattern is an addition that supports the bull idea