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ALGOUSDT

ALGO Descending TriangleThis is a Neutral pattern. This indicates that the price hasn't set any strong indication of moving up or down. We don't know until it breaks out of the triangle. I have drawn it very clearly on the chart for you to follow along. In my opinion, this is not a time to open any positions. It is time to wait and observe. If it rises above the triangle, and forms a very nice Continuation pattern, then I will post a long chart. For now, we remain neutral.
by BARSTrading
Algo/USDT Long📈N.B. My strategy is based on huge explosive profit or very little profit so without breakeven stop loss at the right time we will lose in very little profit so follow me if you want to know breakeven stop loss Trading proposals post based on price action, technical analysis, major intraday supports and resistances, rejections, breakouts, chart patterns and other factors. How this analysis was done: First I find usdt pairs using crypto screener then if all Three×3 in 1 indicators gives main entry confirmation at the same time I go with the analysis then I find Support and Resistance zones in 3x entry timeframe also using one of the three indicators for backing up my analysis and filter bad signals then I also make trendlines using two of the 3 indicators in 3x entry timeframe for filter out more bad signals then again using one of the 3in1 indicators I filter fake breakout in entry timeframe and in higher time frame and then if other minor conditions is confirmed the analysis is done. Take Profit: Take profit is dynamic /trailing stop loss/trailing take profit Trading and investment in the financial markets always involves high risk, So In order to succeed using our signals make sure you have learned the essential skills for money and risk management To SUPPORT this channel, please press the LIKE button, COMMENT and Share with your friends
Long
by TrueUrBoss
3
Algorand (ALGO) - September 20Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (ALGOUSDT 1W Chart) The key is whether it can rise above the 0.3310-0.4478 section. (1D chart) The price needs to remain above 0.3099 to transition into an uptrend. In order to continue the uptrend, it must rise above the 0.3642-0.3872 section. If not, there is a possibility that it will fall to around 0.2140. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
📉FIFA Launches NFTs on Algorand 🏆 (ALGO/USDT analysis 🚀 ) 📈FIFA Launches NFT Platform on Algorand in Run-Up to World Cup! With the 2022 World Cup just months away, FIFA, soccer’s global governing body, has announced it will launch an NFT platform for soccer-themed digital collectibles. “Just like sports memorabilia and stickers, this is an accessible opportunity for fans around the world to engage with their favourite players, moments and more on new platforms,” said FIFA’s Chief Business Officer Romy Gai, in a statement. so funda says, Algorand is now an apt option for possible growth ,even in this bearish market for couple month ahead ! 📊Technical POV: Although I've already analyzed Algorund on the weekly timeframe before ,but also in the daily perspective ,we can see more obviously , ALGOUSDT is trading on a support zone and struggling with a descending trendline ,so if holds this current lvl and breaks out this line then can see higher prices and Resistance zones ! ✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE! -------------------------------------------------------------------------------------------------------------------- 👉This analysis is my personal opinion ,not a financial advice ,so do your own research. 💚 if you're fan of my analyses please follow me , drop a comment 🗯 and Boost me 🚀🚀
by PRO_SMART_Trader
15
ALGO/USDT Analyst Daily 😮Hello to the respected members of Trading View🥱 ALGO daily time frame cryptocurrency analysis (logarithmic chart) In the daily time frame, we see the candle closing above the red trend line, and the price has also reacted to its static support area of $0.31. If the price stabilizes above the support area of $0.31, it will have the ability to realize the targets of $0.345, $0.36 and the resistance area of $0.38 (mid-term). Otherwise, with the loss of the static support area of $0.31, we expect the price to hit the red trend line and also react to the green area of $0.27 daily. Arztoday Team 🌹
by arztoday
ALGOUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a one-day-time frame analysis for ALGOUSDT In the current chart, there are R3 and R2 as our resistance areas that include the disability of the price to rise. R1 used to be a support line and S1 is the support area which represents the support of the price since the past. Now it is clear that the price is fluctuating below R1 and we believe it will rise to this line, as it used to do in the past. Here by receiving some signs to decline, we will predict a falling trend for the price to S1. In case the price moves above R1, then an increase may happen for it. 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
Short
by MarsSignals
2
ALGO/USDT (Trend Line) As the name implies, trend lines are levels used in technical analysis that can be drawn along a trend to represent either support or resistance, depending on the direction of the trend. Think of them as the diagonal equivalent of horizontal support and resistance. Notice how shortly after breaking trend line resistance, the market came back to retest the trend line as new support and formed a bullish pin bar in the process. This allowed price action traders to buy just before the market rallied for up trend
Long
by majidalisabir
Algorand (ALGO) - September 4Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (ALGOUSDT 1W Chart) The 0.3310 point is an important support and resistance point, and whether we can move higher than 0.3310 is crucial. (1D chart) It is mixed, so you need to be careful with your trade. Therefore, it is necessary to confirm whether it can be supported by rising above the 0.3310 point. - In order to continue the upward trend from the current position, it must rise above 0.3601. - For those who are investing in ALGO, we recommend that you take the time to trade to increase the number of coins (tokens) you have. From a mid- to long-term perspective (at least 6 months to 1 year or more), a large uptrend is expected. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
Algorand (ALGO) - August 23Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (ALGOUSDT 1W Chart) The key is whether it can rise above 0.3310 and find support. (1D chart) If it does not rise above the 0.3099-0.3310 section, there is a possibility that it will fall to around 0.2140. - Since the RSI, Stoch RSI, and CCI(9) indicators have all entered the oversold zone, if they start to break out of the oversold zone, it is likely to lead to a big rise. To do that, you need to find support at or above the 0.3099-0.3310 range when you break out of the oversold zone. If it doesn't and it's finding resistance as it is now, it's likely to lead to further declines. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
1
ALGOUSDTWe have no signal to change the trend and form a downward trend! It seems that the possibility of continuing the upward trend similar to the drawn scenario is not out of mind! Keep in mind that the condition for the continuation of the upward trend is to maintain the price range of $0.3189!!! If the upward trend continues to the white range ($0.402), the long-term descending channel will be broken upwards, and after that we should wait for the consolidation of the break. We would be happy to hear your comments.
Long
by FiboTech
2