ALGO/USD 50% potential from here#ALGO/USD TA Update:-
$ALGO currently trading at $1.37
And this is good entry point for short term.
Entry:- $1.20-$1.40
Targets:- $1.55/$1.71/$2.11
If break out upward this bullish Pennant then I can expect next Target can be $2.11
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Algousd
ALGO/USDT : Slightly bearishBINANCE:ALGOUSDT
Hello everyone 😃
ALGO is moving below bearish trendline, Based on 5th RULE;
There will be one more rejection from trendline...
We expect a retest on support line before breakout.
📌 Market is bullish, so breakout can be happen sooner !
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
ALGO/ USD🔥by Rocket Bomb 🚀💣Hello friends! For a long time, many of You have been interested in this coin - ALGO/USD.
I'll tell you my vision on it.
🔥
I buy coins ONLY at the very bottom. Of course, it's possible, that I can get a second bottom as a gift🤣
But I always avoid coins, that are hyped by news. For me, that's a signal to sell.
As for ALGO/USD, I hold it from 0.29 and have already partially sold it by 0.38 - 0.47 - 0.53!
You can find my latest sell orders in the orange zone on the chart!
AVOID OVERHYPED COINS - for staying safe and profitable!
I try to be useful to you🧡
Always sincerely Yours Rocket Bomb🚀💣
ALGOUSDT (ALGORAND) - POSSIBLE PRICE ACTIONSANALYSIS 🔎
- ALGOUSDT is consolidating in a symmetrical triangle pattern .
- A relatively big move is imminent.
POSSIBLE PRICE ACTIONS
- Uptrend ⬆️: breakout above the symmetrical triangle's inclined resistance.
- Downtrend ⬇️: breakdown below the symmetrical triangle's inclined support.
TARGETS 🎯
- Uptrend ⬆️: Horizontal resistance levels (R1, R2, R3).
- Downtrend ⬇️: Horizontal support levels (S1, S2).
ALGO to 2.67 in the near futureALGO has a great 6%APY and on top has a $2.1B market cap with constant volume at 1.3B range. This is indicating exponential growth with huge incentives. I think this will surpass GRT which has reached ATH of 2.89 at the time of this post. ALGO also has the chance of going as high as $12 by summer time.
ALGO - Taking Out Resistance One Bullish Pennant at a Time!Momentum is really picking up here. You can see the parabolic rise starting to happen as it tests major resistance. Algo has taken this resistance level out once before and now it is re-testing it. If we breakout here, it's clear skies ahead!
ALGO 1D Support and Resistance Levels on the ChartAs you can see from the chart, the growth of the ALGO coin is supported by large volumes - this is a good sign.
On the other hand, the parabolic growth has almost become vertical, that is, the final upward spike is not far off.
As long as the price of ALGOUSDT is below $1.15 , it is more likely that the price will push below $0.85, and then will follow the arrows.
Fixing above $1.15 will give a chance to shoot the ALGOUSD price up to $1.50-1.55, and reach about half of 2019 absolute maximum.
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ALGO another Higher high or a cup & handleLove to spot Cup & handle forming, which I found are the easiest pattern to trade.
Algo is a very good project and it's a little bit back in terms of growth with respect to the other coins, so this could be a nice ride with a lot of margins.
We could find a natural resistance on the previous top and the price will retrace, or we could break the previous high and gain momentum for a bigger ride.
Good luck