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Algousd

ALGO - Fib Time & Space Predictions using the Power of PyramidsALGO - Fib Time & Space Predictions using the Power of Pyramids the length of each segment of the blue rektangles is equal to the time price spent inside of the price range of the pyramid (diamond) so using pyramids give us knowledge about time AND space that lower triangle caught my eye a while back and i had to leave it on there interestingly it lines up well with the fib spiral the angle of the center line of the pyramid tells us about the ratio of the blue rektangles the golden ratio and eureka! the yellow lines are the fib time tool the coordinates being the time price spent in the range of the pyramid exactly matching my blue rektangles Let's watch how this goes
COINBASE:ALGOUSD
by antempire4
2
Algo turning point! Crypto Altcoins #CryptoWhale100Billion Alt Coin Analysis: Algo My Analysis shows that Algo has been holding at the .24 cent market for a few days now, filling up bear pockets. Algo has been falling for quite some time from an all-time high at $2.79 and crashed to .24 cents. A lot of sell-off, but this coin has the potential of stake rewards of Algo 5.75%+ interest which will give you more reward of Algo over the longer time of holding it. I can see it moving back to .285 cents and .33 cents. Indicators show strong resistance using common pass strategies indicators to see cryptocurrency patterns. Rsi giving an Upper trend, Macd crossing over to the higher side of the trend. Candlesticks holding the resistance for over a week. I am more bullish on Algo to .284-.33 cents. For bearish to .19 cent. Shoot me a message with your Technical Analysis to see your thoughts and trading strategies. #CryptoWhale100Billion Press The Thumbs Up and shoot me a message below what your idea on KNC will hit. Thank You for the support! Below are some Previous chart links I've written for Reference.
COINBASE:ALGOUSDLong
by CryptoWhale100Billion
4
ALGORAND Rising WedgeGot news for you: ALGORAND's not the only altcoin trending in a RW pattern. There are many others. Upper shadows are long and deep above microtrend resistance, volume is relatively low on the upthrusts. Blood is in the forecast, but perhaps not before another bull trap rally. Don't get fooled by the FOMO. Stay safe! Be sure to subscribe for more clean, accurate, easy-to-follow swing charts with exceptionally high win ratios (80-85% average). I've been a fulltime crypto trader/investor since 2017, and I handpick all the runners myself after conducting a series of careful volume-to-spread reads and Wyckoff schematic comparisons. Not financial advice. Always DYOR & trade at your own risk.
COINBASE:ALGOUSDShort
by jalapablo
2
Algorand (ALGO) - November 28Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (ALGOBTC 1W chart) In order to get the power to rise, it must be supported by rising in the range of 0.0000 1970 to 0.0000 2452. --------------------------------------- (ALGOUSDT 1W Chart) In order to continue the uptrend, it needs support by rising to the 0.4253-0.6132 zone. To do so, the key is whether it can rise above 0.3310. (1D chart) We need to see if the price can sustain it by moving above 0.2651. If not, you need to check if there is support around 0.2140. Since the HA-Low line is located near 0.3101, it should either move sideways until it declines or swing it up and down to make it fall. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** If this chart is shared, you can use the indicators normally. ** The MRHAB-T indicator includes indicators that indicate points of support and resistance. ** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor). ** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100). (Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.) ---------------------------------
by readCrypto
2
Harmonic Decomposition of Trend Exhaustion - - ALGOUSD (1h)L I N E - W O R K : The foregoing, and more, populate my Object Tree, which is summarized as a separate item, below. Any line or drawing tool that I use frequently is saved as a color-coded template for rapid repetition. Fib Space - A concrete Leading Indicator comprising several overlapping Fibonacci Trend-Based Extensions and a Retracement or two. Rather than to find Support & Resistance, its purpose is to target Volatility as the areas between highlighted zones. AVWAP Array - A fluid Leading Indicator comprising several overlapping Anchored VWAPs, as well as some some standard and nonstandard deviations and anchor-points. Although Price itself behaves violently when interacting either with VWAPs, experience shows that the crossing of key VWAPs is a Leading Indicator of high Volatility. Among the VWAps, three in particular deserve special attention, namely the 1.272 Std Deviation VWAP since the chart’s inception, below the current price, as well as those marked by this year’s dates of 2.24 (two-tone red) and 9.8 (two-tone green), above the price. Further line-work includes a Schiff Pitchfork implied by the right wing of the pattern (points ABC), and a section of a larger bullish arrow consequent to a larger Bullish Harmonic Reversal Pattern that does not fit within the hourly chart. Notice the use of S-Curves as projected future trend lines, following the conservative path of Maximum Market Pain. Price is like a pendulum. It does not move in straight lines; rather, it describes the struggle between buyers & sellers pulled into maximum commitment before shorter term swings. See below for more on Harmonics. . . . . . . . . . . . . V O L U M E : The various horizontal histograms of volume simply indicate accumulation and distribution. Volume Profiles, however, serve two purposes. 1) As a Lagging Indicator, to discover ranges of Supply & Demand, and the all-important Mean, and 2) as a Leading Indicator to corroborate entries, profit targets and stop-losses, as well as any discretionary management of the latter, if needed. Notice that each day, beginning with the Tokyo Session at 12:00 UTC, has its own 24-hour Volume Profile (see the Object Tree, below). None of these are as useful as the custom construction in my Object Tree under the name AWAP Array. In this case, Volume has been healthy partially due to the ongoing FTX Crash (as of this writing), and ALGO tends to have high Volume in general, making it a good indicator of the health of the sector. A recent spike in selling has dropped price to point C which, for those less familiar with them, is NOT considered complete until confirmation at D. . . . . . . . . . . . . V O L A T I L I T Y : This is the least understood of the the three fundamental axes of trading, or at least of my style. In any timeframe, price rises more slowly than it falls, which is to say that Volatility is the opposite of price variation. To see Volatility with any hope of clarity, it is essential to remove innate directional bias. In general, it rises sharply and declines slowly. The Question, even more than HOW FAR?, is WHEN? The mystery of Volatility tests, and rewards, patience. Generally and in this case, too, the greatest Volatility occurred at X, which coincides approximately the 9.8 VWAP and the midpoint between the price drop begun near the 2.24 VWAP and the bottom of that swing, at A. As expected, there is a rise leading into the midpoint of the pattern, B, which is also the second highest price (so far). Another peak in Volatility may be expected at D, if it is reached. Again, see below for more on Harmonics. . . . . . . . . . . . . T R E N D - E X H A U S T I O N : In order to maximize the Risk:Reward ratio, one must act at the edges, or as close as possible. Therefore, one needs an improving sense of where the potential for reversal is highest BEFORE price reaches it. Like Volatility, and unlike Volume, it is impossible to measure directly, and yet with clean Line-Work and a sound market narrative, or trade thesis, various containment and decomposition techniques exist to estimate probable areas in a chart where price vectors will reverse. In this case, a Schiff Pitchfork is implied by interwoven patterns, among other evidence. Although the Price Action in the near term may be described by it, a larger Bullish Reversal Pattern (to large for the hourly chart) appears to have completed as well, implying an even larger set of Pitchforks. . . . . . . . . . . . . H A R M O N I C S : Whether by definition or analogy, harmony implies cooperation between two or more agents. To draw X5 patterns without understanding which elements one seeks to reconcile is like a chimpanzee playing with an iPad. When I draw them, I visualize the interplay of 1) the Range between Supply & Demand, 2) the Volume Spread and 3) Probability over Time. In this case, in addition to the much larger (green) Bullish pattern completing, a smaller such pattern can be seen in the (red) Bearish Reversal Pattern whose CD Leg comprises the vector of the trade. In effect, the trade can also be seen as the AD Retracement of the smaller Harmonic Bull, since it coincides with the ABC Fib-Based Trend Extension. Upon the Red W-Pattern are superimposed two smaller bullish patterns, one completed and one potential. Of these, the second marks a point, or an area, of risk along CD Leg. . . . . . . . . . . . . F O R E C A S T : Trading the CD Leg of a Reversal Pattern is technically premature, and risky. In this case, not only the coincidence of the Fib ratios but several factors of the Big Picture, as well as the Indicators make this a decent t proposition. As always, there is a point between 1/2 and 2/3 up the vector when it will be tested (and where it tends to fail, if it does fail) therefore some profit may taken along the way. Considering the high R:R Ratio and the duration of the swing, it’s not a bad idea to de-risk. On this timeframe as of this writing, price is testing the 1.0618 custom “Overthrow” line in the template marked as a “Moving Stop Loss”. Considering recent price drops, this retest near the prospective bottom suggests support rather than a further run to the downside. Also, being a holiday weekend with other markets closed, crypto may indeed have an upsurge due to bored and/or her-eager traders. Setting the left edge of the window to the peak above X, near the 8.9 VWAP, shows the Point of Control of the Visible Range Volume Profile to be above the current price, further suggesting a price reversal in this zone. _____________________________________________________________________ O B J E C T - T R E E : The most overlooked tool in Tradingview is the Object Tree. When cleverly rooted, it enables the chartist to arrange (i.e layer) the Drawings and Indicators (if any) and then selectively toggle them on and off. I am sometimes asked about my suite of indicators, which I have listed below, per the order in which they are layered. (The settings I use are beyond the present scope.) A more relevant detail is that the major Volatility Indicators are placed in the upper windows while those which measure Volume appear in windows below the price action. In the main window, the preference is inverted. Any original Line-Work that I might create is collected beneath all (12) Indicators. Again, the purpose of this groundwork to deliberately overlap objects and to selectively turn them on or off like light bulbs in order to discover and/or important but not obvious facts about the potential action space. . . . . . . . . . . . . Tesla Coil ____________________________________ Average Volatility Movement ____________________________________ Buying & Selling Pressure Average True Range (Line) Average True Range (Histogram) ____________________________________ ALGOUSD, COINBASE, 1h Indicators VSA v6 Volume Pressure Analysis Time Segmented Volume Bands Visible Range Volume Profile Periodic Volume Profile Daily High/Low/Mid/Open/Close+Weekly/Monthly Open Volatility Stop MTF Volatility Bands by DGT Double SuperTrend ATR Moving Average Shaded Fill Area Crossover EMA Moving Average Ribbon >📁”Object Group 1” >📁”Object Group 2” >📁”etc.” ____________________________________ Time Segmented Volume Bands ____________________________________ Heatmap Volume Volume Analysis Time Segmented Volume Bands . . . . . . . . . . . . R E M A R K S : I will attempt to post a larger, higher timeframe view of the position, showing the major Bullish Reversal possibly beginning, or at least the end of selling pressure. 🧸
COINBASE:ALGOUSDEducation
by TheLeadingIndicator
2
Trading CD Leg of Harmonic Pattern: 7.77:1 Long ALOGUSD (1h)L I N E - W O R K : The foregoing, and more, populate my Object Tree, which is summarized as a separate item, below. Any line or drawing tool that I use frequently is saved as a color-coded template for rapid repetition. Fib Space - A concrete Leading Indicator comprising several overlapping Fibonacci Trend-Based Extensions and a Retracement or two. Rather than to find Support & Resistance, its purpose is to target Volatility as the areas between highlighted zones. AVWAP Array - A fluid Leading Indicator comprising several overlapping Anchored VWAPs, as well as some some standard and nonstandard deviations and anchor-points. Although Price itself behaves violently when interacting either with VWAPs, experience shows that the crossing of key VWAPs is a Leading Indicator of high Volatility. In this case, further line-work includes one of the Pitchforks implied by the right wing of the pattern, and a section of a larger bulls arrow consequent to a larger Bullish Harmonic Reversal Pattern that does not fit within the hourly chart . . . . . . . . . . . . V O L U M E : The various horizontal histograms of volume simply indicate accumulation and distribution. Volume Profiles, however, serve two purposes. 1) As a Lagging Indicator, to discover ranges of Supply & Demand, and the all-important Mean, and 2) as a Leading Indicator to corroborate entries, profit targets and stop-losses, as well as any discretionary management of the latter, if needed. None of these are as useful as the custom construction in my Object Tree under the name AWAP Array. In this case, Volume has been healthy partially due to the ongoing FTX Crash (as of this writing), and ALGO tends to have high Volume in general, making it a good indicator of the health of the sector. A recent spike in selling has dropped price into the C-Point of the pattern which, for those less familiar with them, is NOT considered complete until confirmation of the D-Point. . . . . . . . . . . . . V O L A T I L I T Y : This is the least understood of the the three fundamental axes of trading, or at least of my style. In any timeframe, price rises more slowly than it falls, which is to say that Volatility is the opposite of price variation. To see Volatility with any hope of clarity, it is essential to remove innate directional bias. In general, it rises sharply and declines slowly. The Question, even more than HOW FAR?, is WHEN? The mystery of Volatility tests, and rewards, patience. Generally and in this case, too, the greatest Volatility occurred at the X-Point, which coincides approximately with the two-tone Green VWAP and the midpoint between the price drop begun near the two-tone Red VWAP and the bottom of that swing, at the A-Point. As expected, there is a rise leading into the midpoint of the pattern (B), which is also the second highest price (so far). Another peak in Volatility may be expected at point D, if it is reached. . . . . . . . . . . . . T R E N D - E X H A U S T I O N : In order to maximize the Risk:Reward ratio, one must act at the edges, or as close as possible. Therefore, one needs an improving sense of where the potential for reversal is highest BEFORE price reaches it. Like Volatility, and unlike Volume, it is impossible to measure directly, and yet with clean Line-Work and a sound market narrative, or trade thesis, various containment and decomposition techniques exist to estimate probable areas in a chart where price vectors will reverse. In this case, a Pitchfork is implied by interwoven patterns, among other evidence. Although the Price Action in the near term may be described by it, a larger Bullish Reversal Pattern (to large for the hourly chart) appears to have completed as well, implying an even larger set of Pitchforks. . . . . . . . . . . . . H A R M O N I C S : Whether by definition or analogy, harmony implies cooperation between two or more agents. To draw X5 patterns without understanding which elements one seeks to reconcile is like a chimpanzee playing with an iPad. When I draw them, I visualize the interplay of 1) the Range between Supply & Demand, 2) the Volume Spread and 3) Probability over Time. In this case, in addition to the much larger (green) Bullish pattern completing, a smaller such pattern can be seen in the (red) Bearish Reversal Pattern whose CD Leg comprises the vector of the trade. In effect, the trade can also be seen as the AD Retracement of the smaller Harmonic Bull, since it coincides with the ABC Fib-Based Trend Extension. . . . . . . . . . . . . F O R E C A S T : Trading the CD Leg of a Reversal Pattern is technically premature, and risky. In this case, not only the coincidence of the Fib ratios but several factors of the Big Picture, as well as the Indicators make this a decent proposition. As always, there is a point (orange) between 1/2 and 2/3 up the vector when it will be tested (and where it tends to fail, if it does fail) therefore some profit may taken along the way. Considering the high R:R Ratio and the duration of the swing, it’s not a bad idea to de-risk. _____________________________________________________________________ O B J E C T - T R E E : The most overlooked tool in Tradingview is the Object Tree. When cleverly rooted, it enables the chartist to arrange (i.e layer) the Drawings and Indicators (if any) and then selectively toggle them on and off. I am sometimes asked about my suite of indicators, which I have listed below, per the order in which they are layered. (The settings I use are beyond the present scope.) A more relevant detail is that the major Volatility Indicators are placed in the upper windows while those which measure Volume appear in windows below the price action. In the main window, the preference is inverted. Any original Line-Work that I might create is collected beneath all (12) Indicators. Again, the purpose of this groundwork to deliberately overlap objects and to selectively turn them on or off like light bulbs in order to discover and/or important but not obvious facts about the potential action space. . . . . . . . . . . . . Tesla Coil ML ____________________________________ Average Volatility Movement ____________________________________ Buying & Selling Pressure Average True Range (Line) Average True Range (Histogram) ____________________________________ ALGOUSD (1h) Indicators VSA v6 Volume Pressure Analysis Time Segmented Volume Bands Visible Range Volume Profile Periodic Volume Profile Daily High/Low/Mid/Open/Close+Weekly/Monthly Open Volatility Stop MTF Volatility Bands by DGT Double SuperTrend ATR Moving Average Shaded Fill Area Crossover EMA Moving Average Ribbon >📁”Object Group 1” >📁”Object Group 2” >📁”etc.” ____________________________________ Time Segmented Volume Bands ____________________________________ Heatmap Volume Volume Analysis Time Segmented Volume Bands . . . . . . . . . . . . R E M A R K S : I will attempt to post updates, and a larger, higher timeframe view of the position, suggesting a major reversal for Algorand (for reasons beyond the scope of the chart alone). 🧸
COINBASE:ALGOUSDLong
by TheLeadingIndicator
34
ALGO Loading up for a move! Here's a quick look at ALGO 30 min chart. As we can see, the price has been forming a symmetrical triangle and we will see a breakout soon! Keep an eye on this setup! The best entry would be when the price breaks above 0.302$ with a good amount of volume. ------------------------------------------- The idea is: Buy when the price breaks above 0.302$ and take profits at the levels shown in the chart. Targets: 1. 0.306$ 2. 0.31$ 3. 0.327$ ------------------------------------------- What are triangles when it comes to trading? Key points: "1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape. 2. Triangles are similar to wedges and pennants and can be either a continuation pattern if validated or a powerful reversal pattern, in the event of failure. 3. three potential triangle variations can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
6