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ALGOUSDT

Algorand (ALGO) - July 31Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (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.) ---------------------------------
by readCrypto
1
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.
Long
by trytofeelpositive
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
Short
by Artem_Dishel
14
$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.
Long
by Amsterdamcake10
Algorand (ALGO) - July 19Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (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. ------------------------------------------------------------ ------------------------------------------- ** 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.) ---------------------------------
by readCrypto
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! -------------------------------------------------------------------------------------------------------------------- 👉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 🗯
by PRO_SMART_Trader
8
Algorand (ALGO) - June 30hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (ALGOUSDT 1W Chart) Below 0.5021 is likely to be a mid- to long-term investment area. (1D chart) Below 0.3310, it is likely to enter the long-term investment realm. So, the key is whether it can move higher than 0.3091-0.3310. Rather than rising immediately, it is likely to rise after it leads to a further decline. As I said in the explanation of the BTC chart, I think that it is more likely to rise faster if it moves sideways while showing a large fluctuation. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for 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 can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
AlgousdMove up or wait? What are the benefits of Day Trading? 1. You can get trades in different market conditions. The market can be bullish , bearish , or in a range - as a day trader you can trade in all these conditions. For the crypto market, it is an obvious advantage when the market becomes bearish and you can’t trade profitably as a swing or a long-term trader. 2. You trade within the borders of a single day and it means you control all your trades. You close your trades and sleep well, without thinking how the market will move during the night. The same goes for situations when you are not at your laptop but you have active trades. 3. A lot of trade opportunities which markets give you every day. You can pick the most interesting and strong which perfectly match your trading style. 4. More trades mean better income you can get from the market. If we compare day trading with swing and long-term trading, we will see that day trading is a much more profitable approach. It is possible to make 1-5% per day as a day trader when a swing trader will dream about 10-20% per month. As for investors, they focus on 20-30% annual income. 5. More trades give you more experience and knowledge. It means you improve your trading much faster using new experience and knowledge. Day trading can highlight the strong and weak sides of your personality as a trader. You have an opportunity to improve yourself and it will need less time than if you were a swing/long-term trader. 6. More income from day trading means less capital you need to start from. You can
Long
by drfahim