Algousd
ALGO/USD Analysis Hi there guys. Here on a weekly chart, we've got ourselves the famous (or infamous lol) triangle plus hush ribbons indicator that clearly show that we're in a bull run. I'm expecting ALGO to go to at least 0.55-0.57 with some slight corrections on the way. Of course, we'll need bitcoin to either stay in between 19200 - 19600$ or at least not move farther than 19K. Anyways, DYODD guys. I wish you profits and a great week!:)
ALGOUSDT (Trend line Breakout) Wait for the small retracement
ALGOUSDT (4H CHART) Technical Analysis Update
Trend line breakout
ALGO/USDT currently trading at $0.3010
SHORT Entry level:0.3200 - 0.3300 (wait for the retracement
STOP LOSS: 0.3400
Support level 1 (Target 1) : $0.2970
Support level 2 (Target 2) : $0.2800
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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+170% potential for algo/usdtas provided in the chart as most of crypto are forming the same descending triangle.
but for algo it is different some how as it has a massive potential when break out come
predicted to touch the support 28.0 cent at the mid of dec.
break out of triangle in the last 10 days of dec.
january will be a fire month for algo and the whole market
enjoy trading it ....good luck
ALGOUSDT (Resistance Breakout)ALGOUSDT (4H CHART) Technical Analysis Update
Resistance Breakout
ALG0/USDT currently trading at $0.320
LONG ENTRY LEVEL: After resistance Breakout in 4-hour chart (only enter long after 4-hour candle close above the resistance level at 0.320$
STOP LOSS ( support): Below 0.2940$
Target: $0.400
Max Leverage: 4X
ALWAYS KEEP STOP LOSS...
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✳️Algorand/USDT (20/11) View + Trading Plan #ALGO $ALGOALGO just broke out of a Falling Wedge pattern and is ready to make a big move in the near term. The uptrend will be fully confirmed if ALGO can close a 1D candle above the 0.3$ zone.
📈BUY- LONG
-Buy close to 0.25-0.26$, SL if B
-Buy more: 0.3-0.315$ if A, SL if B
📉SELL-SHORT
-Sell: 0.4-0.42$, SL if A
-Sell: 0.5-0.525$, SL if A
-Sell: 0.6-0.63$, SL if A
♻️BACK-UP
-Sell close to 0.25-0.26$ if B, SL if A
-Buy: 0.2-0.21$ if A, SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
ALGOUSDT (Descending Channel Breakout)
ALGO/USDT currently trading at $0.29
LONG ENTRY LEVEL :$ 0.27 to 3.0
STOP LOSS ( support): Below $0.245
Resistance level 1(Target) : $0.35
Resistance Level 2(Target): $0.44
Resistance Level 3(Target): $0.66
Risk Reward Ratio : 1:9
Max Leverage: 10X
ALWAYS KEEP STOP LOSS...
$ALGO ALGORAND is going to moon real bad comparedto BAND FET ERDToken Sale: 19 Jun – 19 Jun
Ticker: ALGO
Token type: Own wallet
ICO Token Price: 1 ALGO = 2.4 USD
Price: Max 10 USD; Min 0.1 USD Per Token
Current Valuation: $439,682,763 USD Central Dollars
Projected Valuation: $9,000,000,000 USD Central Dollars
Algorand: the only decentralized, secure and scalable solution to the blockchain trilemma out of 6000+ dubious blockchain proposals out there.
Not only is Algorand ranked as top 3 groundbreaking technology of 2020 according to MIT Review report
www.technologyreview.com
Algorand's MIT team has been chosen by Federal Reserve bank to launch a digital dollar with Coinbase in order to compete with China.
www.bostonfed.org
Amongst a hundred other milestones, Algorand has tokenized and decentralized Gold from Australian Company Meld Gold via FTX.
Is listed on all renowned pioneering exchanges in the Blockchain 2.0 growing market.
Will help launch Idex 2.0
Will help launch the first internationally welcomed Central Bank Based Digital Currency for Pacific Marshall Islands.
Is supported by Steven Chan who is the Senior Director and Regional Head of Government Relations, Asia Pacific Paypal.
Decentralized Algorand's groundbreaking technology is the only blockchain that's scalable to billions of users with seconds speed transactions. So far the only Rival out there is centralized and corruption dubious Ripple.
I encourage you to review this discreet but behemothic and promisingly undervalued company founded by Silvio Micali who has received his Laurea in Mathematics from the University of Rome, and his PhD in Computer Science from the University of California at Berkeley. Since 1983, he has been on the faculty of the Electrical Engineering and Computer Science Department at MIT.
Silvio’s research interests are cryptography, zero knowledge, pseudo-random generation, Byzantine agreement, secure protocols, mechanism design, and distributed ledgers.
Silvio is the recipient of the Turing Award (in computer science), the Gödel Prize (in theoretical computer science), and the RSA prize (in cryptography). He is a member of the National Academy of Sciences, the National Academy of Engineering, of the American Academy of Arts and Sciences, and of the Academia dei Lincei.
Rome before The United States, before London, Before China, Rome is at the epicenter of expertise in monetary policy and finance.
This is it. Algorand will be in the top 3 one day.
ALGOUSDT: Possible Long (11.11.2020)At D1, the price has broken the downtrend line. An initial growth impulse was formed.
On H4, the price is forming a local correction, which can take the form of a Zagzag. It is highly likely that the price will test the 76.4% Fibonacci correction level, where the RSI reaches the oversold level.
We recommend taking a long when the price reaches the $ 0.24 level in order to keep the position above $ 0.35.
Close above this level to switch bullish & supports to watch*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
*Follow me for the latest cryptocurrency analyses on my watchlist
*Thank you to those who donated, I very much appreciate it.
*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
Negating this VERY bearish pattern and reverse back up?*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. You should always do your own due diligence before trading or investing.
*Follow me for the latest cryptocurrency analyses on my watchlist
*Thank you to those who donated, I very much appreciate it.
*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
ALGOUSDT potential reversal setup formingLooking at today's candle as a potential buy signal IF AND ONLY IF it closes near its high. If it does, a buy above the candle is reasonable.
Setup invalidated if either of the following happens: market pulls back significantly before closing, market trades below 0.2767 (red line), or if market creates a lower low (below support level around 0.2626).
Warning: not a trading advice, please. DYOR.
ALGO/BTC (3rd Test at Key Level Support)💎Technical Analysis Summary💎
BINANCE: ALGOBTC
-Algorand is back trading around the key level of support
-Well, this is still good because the Bull defended this zone again
-But the fight is not yet over until the downward trendline is broken upward
-Yes, you can buy at key level but tight stop loss
-Or, wait for the trendline breakout to confirm that the trend will start to reverse
-Upside potential is up to 4000s sat area or higher
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