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ALGOUSDT

ALGO and World Cup 2022Algorand (ALGO) looks promising in terms of growth. Cryptocurrency blockchain has been chosen as the official FIFA platform, launching an NFT marketplace for fan tokens last week. The football theme can be a constant driver of growth in the ALGO rate, given the World Cup starting in November. While we were going to write you a review, the ALGO has grown by 4-5%. We have a sharp dump on the news about FTX like all coins. We have collected liquidity below support and are now trading higher which is a good sign, we are also seeing sell culmination. On fundamental news we expect growth with targets of $0.34 $0.4 $0.47 The most positive scenario - growth $0.68 Cancellation of the scenario - price drops below $0.25 . What impact will the World Cup have on Algo's price on your opinion?
Long
by razumcapital
1
Keep an eye on ALGO! World Cup starting this weekend!Here's a quick Look at ALGO 2 hr chart. As we can see, the price has been forming an inv. head and shoulder pattern and we could see a break above the neckline soon - It all depends on BTC! Also, World Cup starting this weekend - we should expect some movement from ALGO! The best entry would be when the price breaks above 0.285$ with a good amount of volume. One to keep an eye on. ------------------------------------------- The idea is: Buy when the price breaks above 0.285$ and take profits at the levels shown in the chart. Targets: 1. 0.293$ 2. 0.3$ 3. 0.318$ 4. 0.338$ ------------------------------------------- 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
3
ALGOUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a one-day-time frame analysis for ALGOUSDT There are R2 and R1 as our resistance areas which represent the unsuccessful attempts of price to rise. And S1 is a long-term support line that contains the support of price since the past. At the moment, we have the price fluctuating over S1 and we believe it will continue its rising trend to reach R1 (according to its past behavior) and we must wait for some confirmation candles here. If we have some rising signs by the price, there would be a rise predicted for it up to R2. Or it happens that the price is not supported at R1 and then it experiences a decline downward. The point is to wait for some signs and then have your trades more logically. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
by MarsSignals
11
Algorand (ALGO) - November 16Hello? 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 gain the power to rise, it must rise in the 0.0000 1970 ~ 0.0000 2452 section and show support. ---------------------------------------- (ALGOUSDT 1W Chart) The key question is whether it can rise to the 0.4253-0.6132 range. To do that, we need to see if it can rise above 0.3310. (1D chart) Below 0.3310 is likely de facto long-term investment territory. Therefore, it is important to keep the price moving above 0.3310 quickly. If not, a decline below 0.2140 is likely. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** If you share this chart, 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
Trading Signal For ALGOUSDT Algorand Trading Setup: There is a Trading Signal to Buy in ALGOUSDT Algorand . Traders can open their Buy Trades NOW ALGOUSDT Algorand ⬆️Buy now or Buy on 0.235 ⭕️SL @ 0.215 🔵TP1 @ 0.303 🔵TP2 @ 0.400 🔵TP3 @ 0.470 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands If you liked our ideas, please support us with your likes 👍 and comments .
Long
by pullbacksignal
2
ALGO Short 🚀Hello TradingView community 🚀 and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go. Today I want to talk to you about the ALGO chart. At the moment price break the structure. Then, I think ALGO breaks continue to move down to my goal. My target is located at charts level. I expect this scenario. This is my opinion, I really hope it will be useful for you. Be prepared and save your money. Make big profits!
BINANCE:ALGOUSDShort
by UnknownUnicorn6353257
2
Algorand getting closer to a fundamental catalystq Algorand had a Bullish move on Friday and it continued on Saturday where price rose to $0.45. Fifa NFT collaboration with Algorand could be a huge catalyst within fundamental frames that could push Algorand's price higher. Technicals for the week ahead suggest key levels to be broken and hold at certain levels. _____________________ Disclaimer . Do NOT trade or invest based upon the analysis presented on this channel. Always do your own research and due diligence before investing or trading. I’ll never tell you what to do with your capital, trades or investments. I’ll also never recommend for you to buy, sell, long or short any asset, commodity, security, derivative or cryptocurrency related instrument as it's extremely HIGH RISK! You should always consult with a professional/licensed financial adviser before trading or investing in any type of assets.
by UnknownUnicorn27462690
2
ALGOOAAALLLL ⚽️Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. As per my last idea (attached in the Related Ideas below), you know that I am keeping an eye on tokens that might get more exposure during the World Cup 2022. Here is a quick reminder: FIFA has teamed up with blockchain technology company Algorand to agree a sponsorship and technical partnership deal. The agreement means Algorand will become the official blockchain platform of FIFA and provide the official blockchain-supported wallet solution. As per the sponsorship agreement, Algorand will be a FIFA World Cup Qatar 2022™ Regional Supporter in North America and Europe, and a FIFA Women’s World Cup Australia and New Zealand 2023™ Official Sponsor. Source: Tweet attached on the chart 📉Technical Analysis: ALGO lately rejected a weekly support zone 0.20 - 0.30 and since then it has been stuck inside a big range. For the bulls to take over from a long-term perspective, we need a momentum daily candle close above the upper bound of the range (gray zone) around 0.440 Meanwhile, if ALGO rejected the upper gray zone and trades lower, we will be looking for short-term buy setups as it approaches the lower gray zone again. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
BINANCE:ALGOUSD
by TheSignalyst
12