Algousd
Algorand ALGO-USD Ascending Triangle - Bullish ScenarioPossible scenarios I am looking at:
1. BO of Ascending Triangle
2. Consolidation before the next leg up to ATH
P.S: This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own risk
ALGO upside targetsALGO has been consolidating range bounded between 1$ to 1.8$ for the last 2 months. Expecting big upside movement if consecutive daily candles close above 1.8$.
Based on the cup pattern and fib expansion from the last impulsive wave it could hit somewhere between 3$ to 7$ if BTC remains bullish.
ALGOBTC Massive Broadening Wedge BottomGo google it, it's so classic and obvious that you can't miss it, Silvio Micali is going to launch it!
ALGOUSD - Breaking above 50D MAForming a mis-shapen cup & handle, two recent big pumps but still trending sideways in a consolidation range. Pretty good entry if you're not in already, looking to re-test recent highs. I like ALGO because of the simple 6% interest w/o lock up, long term this should be banger, adoption presently a bit light but big things expected in the future.
Buy AlgorandWho else loves Alrorand?
What a great project with great people behind.
And I love the pure proof of stake!
algo for it!Listen, if I don't type things in the description, some mod in the crypto chat said they would make it so no one but me and my current followers would see my charts. Personally I think that is wizack. <^>(-_-)
Slow and Steady for Algorand*Not Financial Advice*
Algorand is the first crypto I got into (after BTC) so of course I dove deep into it. I don't expect this coin to moon in a matter of days so this is definitely a long term hold due to it's uses.
Looks like a rising wedge pattern to the ATH of 1.86. Expect resistance along the way but eventually hitting $2 and beyond.