Get started

ALGOUSDT

ALGO/USD Bullish Reversal Setup ALGO/USD is showing signs of a potential bullish reversal after recently touching the lower Bollinger Band on the 4H timeframe. The price has started to rebound, and a move toward the 38-cent resistance level is likely if bullish momentum continues. Technical Signals: Bollinger Band Rebound: The price has crossed back above the lower Bollinger Band, indicating potential support and a reversal. RSI Neutral Zone: RSI is currently at 40, which leaves room for upward momentum without being overbought. Short-Term Trend: The price shows signs of consolidation and recovery, aiming for the middle Bollinger Band as the next target before testing 38 cents. Target Levels: Immediate Resistance: $0.35 (middle Bollinger Band) Primary Target: $0.38 Stop-Loss Suggestion: Set a stop-loss near $0.32 to minimize downside risk.
COINBASE:ALGOUSDLong
by Abdihalim1
ALGO buy setup (1D)Here, we have a high-potential zone for ALGO. The green zone represents strong support, and if the price reaches this area, we will look for buy/long positions. The red box is a fresh order block that hasn’t been tapped yet, containing the main sell orders. The target can be this red box. Closing a daily candle below the invalidation level will invalidate this analysis. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
"ALGO: Bullish Breakout, Targets $1, $1.5, $2.5!"Given the price objectives which are specified—$1, $1.5, and $2.5—the chart offers prospective investors an intriguing opportunity. The research is broken down here to show the main elements that could draw in investors: * Important Analysis Points: 1. **Recent Surge**: The price has just risen from a low point, suggesting that a bullish phase may be beginning in the market. When coupled by strong volume, as shown in the chart, the steep price gain may indicate a trend reversal or the beginning of a new bull cycle. 2. **Volume Confirmation**: The price increase is accompanied by volume spikes that provide additional evidence of robust purchasing demand, which is encouraging for prospective investors.A high volume frequently indicates the entry of institutional or sizable retail investors into the market. 3.EMA Crossovers: With the 50-day EMA above the 200-day EMA, which usually denotes a bullish trend, the chart displays both the 50-day and 200-day EMAs. Both long-term investors and momentum traders may be drawn to this crossover, which suggests that the market may keep rising. 4.Important Price Goals: $1: A psychological level that can serve as a significant resistance point is the first target of $1. If this is broken above, more bullish activity may follow. $1.5: The next resistance level is represented by this price goal. Significant upside potential might be triggered by a clear breakout above $1.5, which would draw in more investors and accelerate the trend. $2.5: A significant resistance level from earlier highs is represented by the ultimate objective of $2.5. The asset may attract a lot of interest from investors if the price hits this goal, which might indicate a complete rebound of the previous bullish cycle. 5.RSI Indicator: At 44.41, the RSI indicates that the asset is not yet in an overbought state. Before the market gets too stretched, there is still opportunity for expansion. Investors can see this as a chance to get in before the price increases even further. 6.Possibility of Long-Term Growth: The general structure of the chart displays a significant accumulation phase that is followed by a breakout, which is a feature frequently observed in the early phases of a bull run. ALGO may have substantial upside potential over the next months, according to the price action and trend indicators, which makes it a desirable investment for both short- and long-term traders. Investors' conclusion: A comparatively low RSI, positive moving average crosses, and rising volume all contribute to the ALGO/USDT chart's strong bullish trend. Investors might profit greatly from the price goals of $1, $1.5, and $2.5—especially if ALGO breaks through these levels. Those who want to profit on the asset's momentum will find the current market structure intriguing, and the comparatively low RSI allows for additional growth before the market gets overbought. This study can assist in making a strong case for ALGO/USDT investing to prospective investors by concentrating on certain key indicators.
COINBASE:ALGOUSDLong
by PROFITPULSE10X
1
Can ALGO Break Free? Bulls Eye $0.531, but First $0.453! Algorand ALGO is tiptoeing around $0.4288, the mid of the range zone with slow and choppy price action. 1 A decisive break above $0.453 could give the bulls a reason to celebrate, clearing the path for a run toward the next resistance at $0.531. If momentum builds, we could see ALGO stretching its legs and aiming even higher (Green Projections). 2. On the flip side, if $0.398 fails to act as a safety net, things could get bearish short-term. Bears might take charge, dragging the price toward the next support at $0.32. That’s where traders may want to look for potential signs of life and opportunity to DCA (Red Projection). To sum it up: $0.453 is the hurdle bulls need to clear for upside excitement, while $0.398 is the line in the sand for buyers. It’s ALGO’s time to decide—will it climb higher or hit the floor? Stay tuned!
by Trade-Lean
Algo:Bullish Momentum Intact for a Potential Upside continuationAlgo/USDT has been one of the standout performers among altcoins over the past month, with the price soaring by over 500%. After peaking just above $0.60, the coin experienced a healthy correction, forming a local low at $0.35, a level slightly above March's high. Following this correction, BINANCE:ALGOUSDT entered a consolidation phase, creating a base around the $0.40 mark. This consolidation suggests the market is gathering strength for another potential upward move. Currently, the price action indicates that Algo/USDT may be preparing for a new leg higher, with a likely target at the significant resistance near $0.70. From a strategic perspective, I remain bullish as long as the $0.32 support level holds firm. The suggested approach is to buy dips, capitalizing on opportunities within this uptrend. Key Levels to Watch: - Support: $0.35 (recent local low), $0.32 (critical support) - Resistance: $0.60 (previous high), $0.70 (major target resistance)
Long
by Mihai_Iacob
Algorand (algo)Algo usdt Daily analysis Time frame 4hours Risk rewards ratio >1.3 👈 Algorand rank is 40 and market cap 4.21 NYSE:B It's all time high is 3.28 $ and you can see , good growth for this in altseason Algorand is a self sustaining decentralized, blockchain base network that supports a wide range of applications. This system is secure, scalable and efficient All critical properties for effective applications in the world. Algorand will support computation that requires reliable performance guarantees to create a new formes of trust. Technically we have no resistance in the way of my first target. Just a weak resistance in 0.69$ area.
Long
by Habib-Tafazoli
Here I buy Algorand at $0.35Now I'm buying Algorand at $0.35 cents And Algorand supply shock is happening here now at $0.35 cents You know, I'm always two steps ahead of them. On the 6th while they were still discussing the election results, I was already leverage longing bitcoin And now while they are only watching bitcoin and talking about when it'll hit 100k... If today, tomorrow or next week, I'm always two steps ahead Buying up altcoins And when they stop watching bitcoin and start watching altcoins mooning in the middle of the fomo, they'll have to buy them from me at a premium. Then I take their money and they get the technology and innovation they want. A fair trade. Dollar bills for me and technology and innovation for them. That's how it works. I don't waste my time talking about innovation and technology I don't waste my time talking about charts, fibs, lines, clouds or whatever crap you learned either. Now if you want to talk about the best price to make money off this sh NYSE:IT on time, it's here at $0.35. No more talking. TIME IS MONEY How is your ROI doing since 6th? Your family and friends gotta know in the end. They don't want to know about your fibs, your lines and your technology. It's 22 days already. Cheers Bullshark, the Founder & CEO of the big bull market on november 6th, 2024 at $75,000
Long
by btcbullshark
ALGO | RoadmapHere I give the possible levels that may occur in case of a dump. If there is no dump and the order flow continues in a positive direction, the highest level you can enter is the green box. It would be wise to risk a total of 2R, evenly distributed across the three areas. I don't overcomplicate things and add a ton of dirty crap to my charts, but you can check out the success of my analysis below. I approach trading with confidence backed by experience and past success in identifying high-probability setups. While I don’t claim to be the best, my track record speaks for itself, and I strive to let my analysis and results do the talking. Watch these levels closely—markets can confirm what charts already whisper. Let’s see how this plays out together. My Previous Ideas DOGEUSDT.P | 4 Reward for 1 Risk much more if you hold it. RENDERUSDT.P | HTF Accuracy ETHUSDT.P | Accurate Buyer Zone Identification | High Risk Reward if you hold it. BNBUSDT.P | Accurate Buyer Zone Identification | High Risk Reward if you hold it. Bitcoin Dominance | Great Characteristic Detection and Accurate Analysis
Long
by XU99
Algorand (ALGO) Surges 1650% at 10x Leverage!Algorand (ALGO) Trade Overview: Algorand (ALGOUSDT) delivers an explosive performance, achieving a phenomenal 1650% gain at 10x leverage using the Risological Trading Indicators . The 4-hour timeframe captured this breathtaking rally as ALGO hit all targets and surpassed expectations. Key Levels: TP1: 0.1247 ✅ TP2: 0.1364 ✅ TP3: 0.1482 ✅ TP4: 0.1555 ✅ Technical Analysis: The trade was initiated as ALGO broke past the Risological Green Lines, confirming a strong bullish momentum. The gradual upward curve of these lines provided early indications of sustained buying pressure. The price surged consistently, clearing all the predefined targets with ease. This move reflects a textbook breakout scenario, powered by volume spikes and an aligned bullish sentiment in the market. Traders leveraging Risological tools were well-positioned to capture this remarkable upside, securing massive profits.
Long
by ProfitsNinja
Alikze »» ALGO | Scenario 3 or C bullish - 1W🔍 Technical analysis: Scenario of the first cycle bullish wave 3 or C - 1W BINANCE:ALGOUSDT In the daily time frame, the ascending channel is moving. - In the analysis presented in the previous post , after reaching the dynamic trigger, it faced selling pressure and, after a correction of 0.23 Fibo of the previous wave, it was able to continue the upward movement to the supply area. - Considering the previous movement structure, which had an upward cycle to the 33 cent range, after which it made a three-wave downward correction cycle. 💎After that, by forming a Double Bottom, it was able to touch the middle of the channel and the neckline by creating demand. 💎Considering the momentum, this movement cycle can continue to the ceiling area of ​​the ascending channel and the supply area, and then with a temporary correction in the middle of the channel, it can continue the upward path to the second supply area. ⚠️In addition, if the price enters the Invalidation LVL range during this upward phase, the bullish scenario is invalidated and must be re-examined and updated.⚠️ »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»«««
Long
by alikze