The ALGO charts appear to be signaling a potential turnaround, or at least a nice move up from the current trading range. Good luck, and always use a stop-loss!
ALGO is forming a nice descending wedge pattern on the weekly and daily charts. It could break out from these levels, but it could also easily drop to the lower trend line first. Good luck, and always use a stop loss.
ALGO is one of the best cryptocurrencies you can buy, especially at today’s prices. Being one of only a handful of top-quality cryptos that are ISO 20022 compliant, like XRP, XLM, and Quant, I believe the future is bright for ALGO and its holders. This chart isn’t set in stone and will change over time as more information comes to light. Good luck, and enjoy...
This is a great buying opportunity. ALGO has spend very little time at these low levels in the past, and we all know how quickly it can move when the buyers come rushing back in. Keep stacking!
The chart is indicating that ALGO is getting ready to make a very bid move in the coming months, and imo, is currently on sale at the current price. Enjoy the ride!
ALGO must have gotten a little jealous of HBAR because it's breaking out now too! 2 Da Moon!
The Cup & Handle pattern in ALGO has broken out, and perfectly retested the rim-line. We could see some incredible price gains in the coming months. Good luck, and always use a stop-loss!
ALGO has been doing very well the past month or so, and is looking to do even better here shortly. The current wave 5 is generally the most explosive, and largest gaining. Although, the price action looks like it could potentially drop closer to the lower trend line (white line). This line has held very well so far since this uptrend started, and the wave pattern...
ALGO has been forming a nice cup & handle formation for quite some time now, as I've mentioned in my previous posts in the previous weeks. The handle is nearly complete, and I have a feeling that when the price breaks out above the rim-line... it's going to be EXPLOSIVE! Good luck, and always use a stop!
Traders, Algo has broken the triangle definitively. But I hesitate to enter for several reasons: 1. That 50 day coming down hard 2. Still not above .227 cents level 3. Need at least one confirmation candle on the daily above .227 and preferably above the 50 day ma. 4. Still expect BTC to draw back more. 5. Headed OOO for the next week and a half and I don't want...
Leading Expanding Diagonal (3-3-3-3-3) Rules: Wave 1 shorter than Wave 3 Wave 3 shorter than Wave 5 (sets 7$+ target for Wave 5) Wave 4 must overlap into Wave 1 territory Can overshoot or undershoot the top trendline Additional comments: Local bottoms seem to be equally spaced according to time cycles; Stochastic RSI is deeply oversold on all major timeframes...
Hello everybody According to the chart you can see the price was done the cycle and now because of the distance of the price is a little far from static support line that we shown on chart (Yellow Box), We expect the price is coming to impact to the trendline support area then it can repeat the cycle and we are in the beginning of the cycle. But if the price can...
Hello everyone Its one of the amazing chart that we analysed , it has amazing movement According to the chart, after parabolic upward movement and complete waves, we expect the correction is omig toward the first support zone of trendline and if the price break this level, the price can drop to other levels of support zone. If you need any help just tell us and...
ALGO has decided that the market is a bull market and in a big way. TP1 and TP2 identified since ALGO is on the way up. Has not retraced enough to look for an entry so take it with a short 'stop loss' exit to stable coin position.
ALGOUSDT (4H Chart) Technical Analysis Update Resistance zone breakout ALGO/USDT currently trading at $1.48 Buy-level: Above 1.49 (only buy if 4h candle closes above the resistance zone) Stop loss: Below $1.352 Target 1: $1.60 Target 2: $1.70 Target 3: $1.80 Max Leverage: 3X ALWAYS KEEP STOP LOSS... Follow Our Tradingview Account for More Technical...
Hi everyone, We are currently looking at the Daily chart of Algorand. There is a noticable price action within the current trend: > Breakout A Trend often starts with a strong breakout in combination with the right volume (see beginning of January) > Channels and structural formations After a breakout, the trend is situated within a channel where relatively...
I continue to hold the long position of the ALGO coin. Plus I bought some more. I plan to sell it when it grows 4-5 times.
Not much to say here Successful claim of 0.666 and we should go to atleast a dollar Cmon algorand!