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Algousd

Possible divergence at ALGO Algorand has had a good last week of recuperation with +30% boosted by the general recovery of all currencies especially the Altcoins. 2-3 days ago it bounced off the resistance of the bullish channel which it has not been able to break and came close to the $1.20 level where there was strong buying from the people. Currently it is a bit far from both the EMA and MA 20 last sessions. To note the clear bearish trend generated by the average volume in the last 5 sessions that could generate a bearish divergence to the price. With all this I could expect a break towards the bottom of the channel that could coincide with the support of $1.18-1.20 and then bounce again to the top of the channel breaking all the resistances in between. Algorand lleva una buena ultima semana de recuperación con un +30% impulsado por la recuperación general de todas las monedas especialmente de las Altcoins. Hace 2-3 días reboto con la resistencia del canal alcista que no ha podido romper y se acercó a buscar los $1.20 donde hubo una fuerte compra por parte de la gente. Actualmente se encuentra un poco lejos tanto de la EMA como la MA 20 ultimas sesiones. A destacar la clara tendencia a la baja generada por la media del volumen en las ultimas 5 sesiones que eso podría generar una divergencia bajista al precio. Con todo esto podría esperar un descanso hacia la parte baja del canal que podría coincidir con el soporte de los $1.18-1.20 para luego rebotar otra vez hacia la parte alta del canal rompiendo todas las resistencias de en medio.
BINANCE:ALGOUSD
by GuillemGM
ALGO/USDT 50% profit from the entry hope you enjoying#ALGO/USDT Profit Update:- $ALGO finally hit our first Target. Which is 50% from entry zone. Now currently trading at $1.41 And our entry was $1.02 Entry:- $1.02 ✅ Targets:- TP1:- $1.38 ✅ TP2:- Pending Now..? I sold my Principal amount and holding only profit because this is best strategy of safe your fund. Support:- $1.21/$1.16 Resistance:- $1.66/$2.22/$2.6/$3.00 Please click LIKE button and Appreciate my hard work. Must follow me for latest crypto real time updates. Thank you.
Long
by CryptoPatel
11
ALGO (ALGOPERP) – Long signalBUY: 1.12 – 1.18 (Wait for price to reclaim the EMAs before entering) TARGETS: 1) 1.44 2) 1.77 STOP: When a 4h candle closes below 0.98 Rationale: -The 100 and 200 EMA have acted as strong support for the duration of the uptrend. -More recently, the price has been conforming to an ascending channel. -The RSI has also been moving in a channel and is at a key support/resistance level. -If the RSI can break and hold above the channel it should also hold above the 200EMA. This is our signal to enter a long position. -The confluence with the 200EMA and RSI gives us confidence in taking a long position once the EMA is reclaimed as support. Your risk, your reward. This is not financial advice. Happy trading.
FTX:ALGOPERPLong
by ForgeTrades
Algorand (ALGO) - March 30Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also ask for the "Like" clock. Have a nice day. ---------------------------------- You should watch for any movement that deviates from the 1.35677473-1.47009413 section. If it goes down, you need to make sure you get support at 1.32179365. If you fall at the 1.18903235 point, you need a short stop loss. However, it may rise along the uptrend line, so careful trading is necessary. We'll get support at 1.47009413 and see if we can climb above 2.11836146. In the CCI-RC indicator, it remains to be seen whether the CCI line can break above the EMA line. --------------------------------------- (ALGOBTC 1D chart) We need to see if we get support at the 2374 Satoshi spot and see if it breaks off the downtrend line. The next volatility period is around April 7. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional 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 that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective. GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
BINANCE:ALGOUSD
by readCrypto
1
ALGO/USDT now 33% up so guys enjoy with profit#ALGO/USDT Profit analysis:- $ALGO currently trading at $1.32 And now 33% up from our entry point. Entry:- $1.02 ✅ Targets:- $1.18 ✅ $1.38 waiting Guys almost 33% pure profit without leverage. Still waiting for upside and my eye on my Targets. But please book some profit. I sold here 35% positions for safe zone. Please click LIKE button and Appreciate my hard work. Must follow me for latest crypto real time updates. Thank you.
Long
by CryptoPatel
8
ALGO/USDT : Seems bullish in mid-term overview BINANCE:ALGOUSDT Hello everyone 😃 ALGO is moving above bullish trendline and Indicators are showing positive now. Also Volatility had a bullish breakout and now MACD is bullish... By the way, There's a pressure zone which is located at current level. ALGO had a breakout from EMA 100, so It could be a good support for it.. 📌 There's a possible chance for BTC to do some correction on mid-term ! It's not a good time to hold your positions more than 4 days; We advice to do scalping rather than holding !! Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
Long
by Helical_Trades
16
ALGO/USDT 20% up within 2 days hope you enjoying#ALGO/USDT Profit Update:- $ALGO currently trading at $1.18 Hope you happy guys and not panic from last 2 days dump. I told you $ALGO bullish and Target will be $3. So now Our entry was filled at $1.02 And now 20% up from our entry. Still Targets are same. Resistance:- $1.18/$1.38/$1.66/$2.2/$3 Support:- $1.00 Please click LIKE button and appropriate my Hardwork. Must follow me for latest crypto real time updates. Thank you for your Love.
Long
by CryptoPatel
22
ALGO/BTC 600% Potential from this entry level...so what next..?#ALGO/BTC TA Update:- #ALGO/BTC currently trading at 2030 Satoshi And our entry was 1900-2000 Satoshi as per last chart. According to my TA #ALGO now Trading at All time strong support. As per chart 1900 Satoshi is strong support but My entry zone will be 1600-2000 Satoshi . I will accumulate if any big dip. Entry:- 1900-2040 Satoshi Targets:- 3232/4368/5812/8252/13500 Satoshi Stop loss:- No need 🚨 After 3100 Satoshi breakout If #ALGO hold above TP1 ( 3200 sat ) then I will convert in fully bullish mode. With 8000-13000 Satoshi Targets. Please click LIKE button and Appreciate my hard work. Must follow me for latest crypto real time updates. Thank you.
Long
by CryptoPatel
12
ALGO/BTC Yesterday Chart Update AnalysisRequest of many Followers:- #ALGO/BTC Trade Analysis Yesterday Update :- #ALGO/BTC currently trading at 1970 Satoshi And very near of Strong support level. And Good bounce from 1900 Satoshi level. And now trading above 1900 Satoshi support level. So I am adding some #ALGO/BTC here. Entry:- 1900-2020 Satoshi ( both filled) Targets:- 2982/3632/4224/5368 sat Stop Loss:- Below red line Exit Please click LIKe button and Appreciate my hard work. Must follow me for latest crypto real-time updates. Thank you.
Long
by CryptoPatel
7