Get started

ALGOUSDT

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
ALGOThinking ALGO ran The Fib extension gambit here all the way to $3 back in Aug 2021. (luckily some of our members took part in this move as I alerted the buy around $1 I think back in July 1 month prior) since then Algo stays inside 1 brutal correction and I'D say .53c gets tested B4 we can resume the run. But the wick to .67c bottom channel TL does show massive support. So kinda hard to call here, but if my BTC analysis is correct in projecting BTC double bottom after we finish this B wave then ALGO will likely hit my lower bearish targets. If my BTC analysis is incorrect then likely ALGO has bottomed. Let's keep an eye on this.
COINBASE:ALGOUSDShort
by Big_Mike716
ALGOUSDT 4H Analysis🟢#ALGO/USDT $ALGO is trading inside descending parallel channel and now it is below the upper line that is the same with resistance zone. break out from the upper line can increase the price to the resistance zone between $1 and $1.05. also, it is possible that the price drops to the support zone around $0.77 and shapes a reverse head and shoulders then try to break out from the upper line. break below the support of $0.75 will drop the price to support zone between $0.7 and $0.65. ⚠ This Analysis will be update 🤵🏻 Analyzed By: AmirHossein 📅 02.26.2022 ⚠️ (DYOR)
by Trader_Needs
4
Algorand vs Tether (Some Bearish Signals)Algorand (ALGOUSDT) is on a bullish trend. It has been moving higher and hitting new highs. In fact, a new ATH was hit last weak but the candle ended closing red with a long upper wick; bearish. This week candles we see ALGOUSDT moving below EMA10 (confirmation only when the weekly candle closes), another bearish signal. And the is curving with lots of room to retrace: We have bearish divergence as well. These are all bearish signals. The RSI is still strong but curving/trending down. Growth can resume after the correction takes place (green arrows). Thank you for reading. Namaste.
Short
by MasterAnanda
8