ALGO • Algorand • CRYPTO SHORT TF H1 , TP = 0.1067#ALGO • Algorand • CRYPTO
SHORT TF H1 , TP = 0.1067
The trend continues, the nearest support level according to my calculations TP 0.1067
ALGOUSDT
ALGO target 0.16~0.174h time frame
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ALGO approaching history low and creating triangle structure here.
Support from uptrend is good entry to set a long trading plan.
TP: 0.16~0.17
SL: 0.089
ALGOUSDT - and a constant fallHello everyone Today we will look at one of the few coins that stands out from the crowd with its constant fall - ALGOUSDT. No matter what happens, the price always jumps steadily down the stairs. Therefore, this is an idea for those who are looking for shorts. In my understanding, the coin is in a descending channel, and you can try to take a short from the upper limit with a target of 0.0935.
Trade Alert - Long AlgoClassic Retest here. Due for a pop.
Position = ALGO
Direction = long
Entry = .1118
Stop Loss = .0919
Take Profit(s) = .1537
Risk/Reward = 2.25
Leverage = NONE
Profit Potential = 37%
Not financial advice.
Just letting you all what I am doing.
Best,
Stew
Algorand ALGO price is far behind the cryptomarket. When growth?We are often asked to publish an idea for ALGOUSDT, you asked - we did.
We look at the chart and see that the ALGO price is still in a downward trend.
The only good news is that as of right now, ALGOUSD hasn't updated its lows in a month.
Now the ALGOUSDT price has moved into consolidation, so we can hope that the stage of accumulating long positions has begun, and this stage can last for many weeks.
As of now, we would definitely not risk buying ALGO with our own funds, as we do not see the strength of buyers and the "desire" for prices to rise.
The first ray of hope for ALGO holders may be a breakout of the trend line and a price fix above $0.15. In this case, there will be a chance for continued growth to $0.20 and $0.26
In the long term, we would like to see the ALGOUSDT price reach a strong mirror zone of $0.70-0.80, but we do not know when this will happen and what should provoke such a price increase.
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AlgousdtNow is time for algo to rise up
After all waiting for algo now we see movement is beginning. And if it broke 0.14 $ we can reach 0.165$
Algo Getting Ready For Move towards 0.20$Seems Like Ready For Massive Bullish Rally Testing Falling Wedge In h12 tf Incase Of Breakout Expecting Move Towards 0.20$
ALGO LOOKS BULLISH (1D)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ALGO symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
in the end time for algorandin the end time for algorand
time frame 4H
and you shoud ready for good news about algo
Algorand (ALGO) formed bullish Shark for another price reversalHi dear friends, hope you are well and welcome to the new trade setup of Algorand (ALGO).
Our last successful trade of ALGO was as below:
Now on a 4-hr time frame with Bitcoin pair, ALGO has formed a bullish Shark move, at the moment after the completion of final leg the priceline is slightly moved up, therefore, we can wait for some correction.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
#ALGO WEEKLY CHART ANALYSIS#ALGO WEEKLY CHART ANALYSIS
Based on the created divergence and the same wedge pattern formed at the end of a downward movement, the pattern currency is in a low risk range for buying. The following targets will be available for the next six months to two years if there is adequate price support:
0.85$
2.3$
16$
54$
STOP LOSS:
UNDER 0.085
DAY TRADING 002BYBIT:ALGOUSDT.P
Today I am trading ALGO purely and always on technical analysis. I've said before that I don't care about news and halving's and all this and that I want too day trade on the 15M timeframe forever. fluently. I have a love for trades like these I feel we will respect this new trendline for the upside, I've just picked up a limit order at the bottom here let's see!
trade safe! thanks guys.
ALGO/USDT Technical Analysis: Bearish OutlookALGO/USDT Technical Analysis: Bearish Outlook
The price of ALGO/USDT is currently trading at $0.113, which is a 97% decline from its all-time high of $3.31. The chart shows a clear bearish trend, with the price breaking down from the $1.33 level of the rising wedge. The price is now almost 90% down from the breakout level.
The price is also trading in a falling wedge, and it has recently been hit hard by the news that the SEC is suing Ripple Labs. As a result, the price has declined by 40% in the past week.
The overall outlook for ALGO/USDT is bearish. The price is likely to continue to decline and test the $0.05 level. This level could be a good accumulation zone, and a bottom could be formed here. Once the bottom is formed, the price could start a new bull run.
The next bull run target for ALGO/USDT could be $1-$2. However, it is important to note that this is just a technical analysis, and the actual price movement could be different. It is always advisable to do your own research before investing in any cryptocurrency.
Key Levels
Support: $0.05
Resistance: $0.155, $0.28, $0.77, $1.75
Disclaimer
This is not financial advice. The author is not a financial advisor and does not provide financial advice. The author is simply sharing their technical analysis of ALGO/USDT. It is important to do your own research before investing in any cryptocurrency.
Algorand longAlgorand broke trough the descending trendline. Asset broke trough the resistance level. Bullish movement to resistance level at 0.138 is expected to happen.
algoThe trend is still downward, in the first step, the price can touch the midline of the channel and then see the bottom of the channel.
ALGOUSDT is moving in a descending channelHello everyone. I found an interesting and beautiful graph for the ALGOUSDT coin. The coin has been in the channel for about a month and clearly fights off its borders. After yesterday's red day, we should expect a respite and a small hike up all the coins. ALGOUSDT has a great option to go long to the upper limit of 0.15.
ALGUSD Buy TF M30 TP = 0.1444On the 30 minute chart the trend started on June 5 (linear regression channel).
There is a high probability of profit. A possible take profit level is 0.1444
But do not forget about SL = 0.1296
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelieveInTrading
ALGOI've made the decision to buy some ALGO (ALGORAND) with a target of 0.16, 0.17, 0,18 and a stop at 0.144.
The information provided here is for informational purposes only and should not be considered as financial or investment advice.
ALGO buy signalALGO looks like an interesting position to buy. Capitulation Signal (gold stripe) signaled in line with major high time frame trends
Finally Algo Breaks Falling Wedge Seems Like Algo Is Ready For bullish Impulse Falling Wedge Breakout Has Already Confirmed Retesting In Process Incase Of Successful retest expecting 25v to 30% b ullish Wave
ALGOUSDT at weekly support and likley to move up from hereThis one is approaching towards the its lows. There is a monthly and weekly level almost close to the current price. It may breach that for a while but I expect it to hold that level on weekly time frame and bounce from there. If it does bounce, I see it aiming towards daily and then probably weekly resistance.
The price has finally hit the weekly support which is also monthly support level. I believe this is going up from here but as said before, it may dip briefly on intra week basis.
ALGO - Bullish Harmonic - Short Term Long Scalp OpportunityALGO - Bullish Harmonic - Short Term Long Scalp Opportunity
Long targets shown on Chart.
Good luck!
