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ALGOUSDT

algo/usdTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice. The bottom is pretty much in. We have the first wave (1) completed and wave (2) is just about done. We should be working on wave (3). If you compare this chart to the previous, the price targets are relatively the same. I've added a new wave (5) target to make this chart more accurate. Wave (1) - 2.5: done Wave (2) - 0.60 : done or one more leg down 0.25 is lowest. Wave (3) - 6.3-6.9 We are living in crazy times at the moment. We have a lot of crazy things going on such as pandemic and war etc so anything goes really. Your best bet is to dollar cost average down and stake. This is not financial advice. Link to previous chart:
COINBASE:ALGOUSD
by AyoKu
2
Trading strategy for ALGOUSDT.Trading strategy for ALGOUSDT. This strategy utilizes fear and greed index at alternative.me Why Measure Fear and Greed? The crypto market behavior is very emotional. People tend to get greedy when the market is rising which results in FOMO (Fear of missing out). Also, people often sell their coins in irrational reaction of seeing red numbers. With our Fear and Greed Index, we try to save you from your own emotional overreactions. There are two simple assumptions: Extreme fear can be a sign that investors are too worried. That could be a buying opportunity. When Investors are getting too greedy, that means the market is due for a correction. Therefore, we analyze the current sentiment of the Bitcoin market and crunch the numbers into a simple meter from 0 to 100. Zero means "Extreme Fear", while 100 means "Extreme Greed". See below for further information on our data sources. UNDERSTANDING THE METRICS AT TRADING VIEW Maximum Drawdown The maximum drawdown metric refers to the "worst-case scenario" for a trading period. It measures the greatest distance, or loss, from a previous equity peak.5 What is a Good Profit Factor? Any ratio greater than one means we can earn more than we lose. So, technically: A factor higher than 1 denotes a winning system. A factor lower than 1 denotes a losing system. Percent Profitable The percent profitable metric is also known as the probability of winning. This metric is calculated by dividing the number of winning trades by the total number of trades for a specified period. See profit report below.
by Peggoy
ALGO/USDT 4 HOURS UPDATE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities. Do consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome in this chart, Do not consider it as an ALGO/USDT is making this falling wedge pattern. Entry: $0.6830-$ 0.6950 Targets- 20% LEVERAGE-5X - 10X Stop Loss: $0.6690 This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart. Would also love to know your charts and views in the comment section. Thank you
Long
by CRYPTOMOJO_TA
ALGO/USDT by CryptoTradersWWThis morning, I'm attempting to discover some longer-term opportunities. Algo/USDT is one of the coins that is close to historical support. The price is currently testing $0.67 for the fourth time, but no meaningful reaction has yet to be seen. The zone between $0.50 and $0.56 is another level | am interested in for a long time. There is ascending trendline support as well as many levels of confluence in this area. I've activated my alerts! <----------------------------> ☑️ Follow, Comment & Like ☑️ Create a civil and healty discuss in the comments and share with me your thoughts Thanks and Happy Trading!
by CryptoTradersWW
ALGO/USDT SCALP TRADE STUP!0.695-$0.705Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this ALGO/USDT SCALP setup. Our previous two scalp setups (CTK&GALA) gave us amazing more than 100% profit. Expecting the same with ALGO. ALGO is breaking out from the falling wedge in an hourly time frame. Buy some now and add more in dips. Entry range:- $0.695-$0.705 Target:- 10-12% SL:- $0.682 Lev:- 10x If you like this idea then do support it with like and follow. Also, share your views in the comment section. Thank You!
Long
by CoreCrypto1
ALGO breakout shortALGO broke support floor on 4h chart, and retested breakout zone and 50% retracement level. After having a pullback to cradle zone, we had a bearish close below the 20 day ema on the 1h chart. On the 15 min chart, we had a break of structure and a bb break to the downside. - This is a swing play that had a good day trade entry. I forsee some bearish action in the total market, but price may reverse and retest our previous breakout / support floor area more. My stop loss has compensated for that being above the highest volatility zone and above the previous breakout zone and consolidation area - This trade will be managed discretionally
Short
by CMSTrading
Expanding Diagonal for ALGOUSDLeading Expanding Diagonal (3-3-3-3-3) Rules: Wave 1 shorter than Wave 3 Wave 3 shorter than Wave 5 (sets 7$+ target for Wave 5) Wave 4 must overlap into Wave 1 territory Can overshoot or undershoot the top trendline Additional comments: Local bottoms seem to be equally spaced according to time cycles; Stochastic RSI is deeply oversold on all major timeframes (Daily, 3D, Weekly and Monthly) It might go lower than current price but a major move to the upside should be starting soon There's also a lot of fundamental bullish news for Algorand in 2022 This chart is for educational purposes only, it's not financial advice
COINBASE:ALGOUSDLong
by Stricken
5
ALGO LIKELY MOVE - TO FALL TO $0.61Please support this idea with a LIKE👍 if you find it useful🥳 Not a financial advice🙅🏼‍♂️ This is a pennant pattern indicating a fall to the lower trendline before a rise to the upper trendline before an upward breakout. If this should play out, I expect a fall to $0.61 before a move to the upside What do you think? Share your opinion in the comment section✍️ You can also demand for analysis of your preferred coin Follow me stay updated about this coin and more helpful projects like this🎁 Happy Trading💰🥳🤗
Short
by PetrockFxTrading
4
ALGOUSDT LONG CURRENTLY AT BUY ZONEMarket retraced to the institutional candle that was formed couple of months back, we are currently at the 4 wave of Elliot wave so we should see a rise in price and hit the 5 point of Elliot wave before going down we also just bounce from the bottom of the Bollinger band and MACD shows gain in momentum which means we are starting to go back up, our first take profit is at the 50% fib zone, and the second one is at the 3 point of Elliot wave, we should see higher high then the 3 Elliot wave but taking our profits in at it should be a lot more safer. Target 1: 1.289 Target 2: 2.369 Invalidation: 0.619 Ratio: 1:4.69 Entry: 0.747
Long
by vf_investment
ALGO/USDT 4 HOURS UPDATE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities. Do consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome in this chart, Do not consider it as an ALGO/USDT is making this bullish expanding Triangle pattern. Entry: $0.75 - $0.77 Targets- $0.8 - $0.843 - $0.88- $0.92- $0.97- 1.04 LEVERAGE- 5X Stop Loss: $0.725 This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart. Would also love to know your charts and views in the comment section. Thank you
Long
by CRYPTOMOJO_TA
2
ALGO shortTotal market: - BTC at daily resistance, bulls losing momentum. Price has broke triangle on 15 min chart to the down side Daily: - Price getting rejected at 20 day EMA & previous structural level 4H: - Had bearish divergence, price could not break resistance level 1H: - Price broke uptrend line, retested and has rejected and making move lower 15 min: (entry) - Price selling off, going to have bb break to the downside Stop loss: 0.8649 - within previous volatility level above VPVR zone Take profit: 0.7336 - at strong liquidity zone on daily * managing trade discretionally
Short
by CMSTrading