Algorand (ALGO) - August 12hello?
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(ALGOUSDT 1M Chart)
The key is whether the price can be maintained above 0.3310.
(1W chart)
The key is whether it can find support at the 0.3310-0.4478 zone and move higher than 0.6704.
- The RSI indicator is out of the oversold zone, but the Stoch RSI indicator is entering the overbought zone, so it is expected to show a mixed trend.
(1D chart)
It seems likely that a trend will form in a direction that deviates from the 0.3099-0.3872 range.
A move above 0.3872 is expected to rise above 0.4478.
However, holding the price above 0.3310 is expected to lead to an attempt to move higher above 0.3872.
If it falls below 0.3099, it is expected to decline to around 0.2140.
Therefore, if it falls below 0.3099 and resists, a stop loss is required to secure cash.
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** 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 through split trading. It is a short-term investment perspective.)
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ALGOUSDT
ALGO $ALGO IS READY TOO FLY!!!!!!!! NFA of course, just this is better then Solana. I could see 1 more shake out
ALGORAND - Potential to Explode UpwardsBITCOIN AND CRYPTO MIGHT PUMP ON GOOD USA DATA:
Weekends have been very weak the past months but this could change. After all, crypto adoption is a trend. Not convinced?
well here it is: Coinbase and BlackRock to create new access points for institutional crypto adoption by connecting Coinbase Prime and Aladdin
News:
Algorand Foundation announces global winners for its $50M blockchain research and education program
One Love,
the FXPROFESSOR
ALGOUSDT |Coin Review| The bullish pattern will not hold!hello, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
📌Friends today in our ALGO viola review
📌 There is a bullish triangle on the chart, the price is at the bottom of the pattern, I think if the price breaks the triangle, then we will probably test the trend line support zone, then it will start to grow with renewed vigor.
📌Of course, this is not a quick deal as you would like, but it looks good for the future.
Write your comments what do you think about it👇
Algorand (ALGO) - July 31Hello?
Welcome, traders.
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Have a good day.
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(ALGOUSDT 1W Chart)
The key is whether it can find support and move higher near 0.3319.
(1D chart)
Primary resistance: 0.3872-0.4478
Secondary resistance: 0.5993-0.6704
Support: 0.3099-0.3319
If it finds support above the HA-High indicator of 0.3414, I would expect it to move higher.
A break below 0.3099 to find resistance is expected 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.
** 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 through split trading. It is a short-term investment perspective.)
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ALGOUSDT Analysis (LOCAL VISION)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Entry: market and lower
Target: 0.42 and 0.46
after first target reached move ur stop to breakeven
Stop: ~0.3 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 4
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
ALGO - Nice level to shortReasons to take short:
⭐️ BTC rose a lot, pullback is needed
⭐️ Slowly squeezing to the level
⭐️ Impulse was too sharp
⭐️ No power to update local high
⭐️ Volume left the coin
⭐️ 40 ATR
⭐️ Under VWAP
Will enter when price squeezes to the level on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
$ALGO spot buy 17th of JulyBought some $ALGO at $0.326 for inside my spot bag, the white line stands for the MA 50 which crossed the black line what stands for the MA 200, which means a bullish segment could come in the future. This is the first time on the 4HTF since 24th of March. Also the white cups are a conformation of higher highs/lows which means a uptrend. The green levels are matched to the VWAP bars on the side. After TP1 and TP2 I re-evaluate my plan for $ALGO.
Really appreciate some feedback and tips.
Algorand (ALGO) - July 19Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(ALGOUSDT 1W Chart)
It is expected that an upward trend will occur when it breaks above the 0.4253-0.6132 section.
(1D chart)
Primary resistance: 0.3689-0.3872
Secondary resistance: 0.4253
Support: 0.3091-0.3310
The key is whether we can break through the 0.3689-0.3872 section, which is the primary resistance section, upwards.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
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Algorand (ALGO/USDT analysis)📉📈
HEY traders, what's going on today ?!
Since 21 Feb2021, when I posted the ' Algorand ' analysis and after reaching its ATH ,it has been declining till now ,although according to my analysis first it declined to the
lower entry point then jumped from there , but wasn't able to rise more as much as I predicted . (more than 320%💰 (1x)long).
So today I'm gonna have another analysis on the weekly timeframe for Algo/usdt , and as you can can see after finishing the ascendant Eliot waves , it started the corrective wave (ABC) ,and already trading below the important pivot zone and between (38.2 -23.6 ) of fibo Level . so if it be able to breakout the descending trendline and overcome the pivot zone it can retest the higher resistance zone . but otherwise it will fall again to lower support lvls.
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
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👉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 , give a big thumbs 👍 OR drop a comment 🗯
Coins I am looking to trade $jasmy $bat $ren $algo $trb $alice Today's Intraday plan is to scalp some strong coins. I validate this in M15 thats where maximum scalps happen.
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Rule of the game is dont play against market
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ALGO/USDT Main trendThe main trend in which the uptrend channel was formed. Long-term work from the trend channel. Position trading. The idea is more for understanding where the price is in the primary trend. A cup has formed in the secondary trend in the channel, the price is at its resistance.
Cryptocurrency of 2 groups. XRP group. Al/gor/and.
Coinmarketcap: Algorand.
ALGO/USDT Secondary trend.