ALGOUSDT
Algorand (ALGO) formed bullish Gartley | A good buy opportunityHi dear friends, hope you are well and welcome to the new trade setup of Algorand (ALGO).
Previously we caught more than 53% pump of ALGO as below:
Now a 4-hr time frame, ALGO has formed a bullish Shark pattern for another pump soon.
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 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.
ALGO Waiting ✋for complete pattern ☕🖐☕Hi dear traders
As you saw in previous analysis we take profit 📈full target ✅
After climbing 19.54%, the price is now correcting.
If it stays above 0.1717, it will correct around 9.63%.
Now it's seems Cup and Handel forming.
The cup pattern is formed and we are waiting for the formation of the handle.
If the pattern is confirmed, the price can climb up to the resistance area of 0.2126.
We have to wait for the market's reaction.
If BTC rises, altcoins will also start to rise.
ALGO is unpredictable, but we can take a good swing and earn profit in both the bearish and bullish cases.
Waiting for breakout and pullback completed for long position.
Let's see what happens
This is not financial advice ( DYOR )
Good luck
AlgousdtAlgo Formed Falling Wedge In H4 Timeframe( Bulish Reversal Chart Pattern)
Rsi Printed Massive Bulish divergence ( Bulish Divergence In Rsi Is Also Bulish sign)
Now Algo Needs To Break Wedge To The Upside Then We Can Look For Long Entries
Keep In Mind That Algo Will Remain Bearish Till Wedge Upside Breakout
ALGO is looking better than it ever has!This is literally just screaming to be bought. Right now is 1 of only 3 brief periods in ALGO'S history where you could buy at this low of a price. If you buy now then you're buying cheaper than 99% of everyone who's ever bought.
That's called an opportunity, and opportunities like this don't happen very often.
Lead, don't follow!
algo can go upHi, 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
Buy yourself some ALGO for ChristmasAlgorand is one of the most sustainable blockchains.
Algorand was always my favorite blockchain. And it will always be my favorite coin to invest in.
Technical Analysis speaking, ALGO is trading at the bottom, it could go lower, but this is still a very good entry. And also, there are reversal signs with ALGOUSD when you look at the 1H chart.
Long term plan is to buy a small among of ALGO here and then buy some more at $0.1 (if we ever get there). And the short-term plan is to go LONG here with a tight stop-loss.
Long Scalping Setup:
Entry: 0.17x
Sl: 0.16
Tp: 0.19