Algousd
ALGO/BTC (200D MA Retest?)ALGO/BTC
-Since the retest of 200D MA last July 14
-The price has pump 60% before coming back to the average
-ALGO is currently reacting to the Key support area
-If we can see more rejections from strong support zone
-There is a high chance this will be its temporary bottom
-And eventually, continue higher and break the recent top at 4300 sat
-Aggressive Buyers are ready to enter this market once the signal is triggered
ALGO for %70 upALGO tech is on par with Tezos and is in infancy stages. Created by MIT minds. It has drawn down majorly in the bear market and has upside potential as a real player in Defi and STO markets. It has acceptance already with local EU governments and is primed for a major continuation move.
ALGO/BTC (Pullback Ready?)ALGO/BTC
-after some good news about this coin
-the price rallied over 40% high today
-currently, the candle is painting a temporary top
-I have highlighted the chart where potential good pullback entries
-if ALGO will continue higher, watch out this immediate levels
-a break below the 2nd green line will send the price much lower
-target is the swing resistance at 5200 sat
Algo testing support at key levelFollow up of previous idea on long Algo. Current price level consolidating in resistance area. Good add on price for bullish move upwards with stop under support at key levels
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ALGO with 15% near term upsideBulls broke out from Multi month base/consolidation surging off the long term POC at 0.21 area with MACD and STOCH signaling on daily chart. Price To test next resistance at .26 area and if closes above has lots of room to grow up to .29 area. This alt has yet to recover as much percentage-wise since March lows as similar currencies, I think it has room to run up in the current rally.
ALGO(Algorand) Inverted Head & Shoulders Possibility ?? Wait for Refraction >>> Not Investment Advice. For Tracking Purposes
#ALGOBTCALGOBTC
We got a cup & handle pattern on ALGO by daily. Much upside is expected if we break through 2630 sats resistance zone and confirm the pattern.
ALGO LONG..BREAKOUT SOONAlgo looking Very NIce at LTF,,,Looks ready for Breakout and a nice move Above.
ALGO/BTC (Bullish Pattern?)ALGO/BTC
-forming a complex IH&S+Cup&Handle pattern
-the trade setup is to buy the break/close above trendline resistance
-target is the recent top or mid resistance area between 3056s-3716s
-key stoploss is below 2333s or potential new higher low
LONGSimple, with nice risk management can be great, lets see. also TPs are being super conservative for this one, monitor when take off.
ALGO, your new favorite token <3That was a lot of correcting for this extremely dope token. I think we're likely seeing the bottom for ALGO going forward. I'm very bullish on this project <3 I think it has a such a bright future!
How a real inverse head and shoulders breakout looks Actual Inverse head and shoulders (IH&S) breakouts rarely occur when the IH&S is obvious to see. You know the one I am talking about, with everyone screaming "INVERSE HEAD AND SHOULDERS" going "ALL IN" because it's "SO OBVIOUS" . The ones that break out are much more subtle and even arguable. Here I see a subtle IH&S with the yellow line being the neckline. Breaking out from this should give this coin the juice to also break from the previous support of the bear market. I see a large move on the horizon.
Bless
I bet algo coin will rise fastAlgo coin should rise if it should rise soon. The graphic pattern looks pretty bull
