I'm going to long AlgorandAlgo recently broke the resistance of the bullish flag and start moving toward the next resistance level. And if everything goes right we can see Algo around 1.90$ price.
ALGOUSDT
ALGOALGO has consolidated enough already. Getting ready for the next ATH.
S/R flip worked perfectly with hitting ATH on 1.618 fibo level and consolidating afterwards.
Needs to cool off momentum and will be ready for the next leg
Is Algorand offsetting taxes like a boss? MaybeAvoid leverage like a disease, what if Algo decides to hit 40 cents first? Can't rule any scenario out; specially with this unpredictable 200m pending to be released traitorous coin.
algo/usdTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
ALGOUSDT UPDATEHello friends ,
Welcome to our ALGOUSDT 1h chart updates .
As we are seeing in the chart. How the BULLISH WEDGE is forming.
Which is a sign of the UPTREND.
Thank you
And
God Bless You All!
KEEP EYE ON ALGOin my idea algo ready to move , so the first target is obvious on the chart , let see what happen next !
ALGO / USDT - Falling Wedge 1HHere is how I would trade ALGO / USDT 1H Chart in a falling wedge formation. Since the RSI is approaching overbought condition, I would wait for the price to move back into the falling wedge and bounce of the dotted lines.
If the price breaks the upper line of the falling wedge (again) - I recommend that you wait for a solid confirmation - then enter a long position.
Take profit ideas:
TG1 - 1.90$
TG2 - 1.98$
TG3 - 2.10$
TG4 - 2.21$
TG5 - 2.28$
I keep it simple and clean!
Likes, comments, and follows are dearly appreciated.
Let me know what you think and which ones you would like for me to analyze next.
Trade safely!
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About Algorand:
"Algorand is a self-sustaining, decentralized, blockchain-based network that supports a wide range of applications. These systems are secure, scalable and efficient, all critical properties for effective applications in the real world. Algorand will support computations that require reliable performance guarantees to create new forms of trust.
(...) Algorand was invented to speed up transactions and improve efficiency, in response to the slow transaction times of Bitcoin and other blockchains. Algorand is designed so that there are lower transaction fees, as well as no mining (like Bitcoin's energy-intensive process), as it is based on a permissionless pure proof-of-stake (PoS) blockchain protocol."
Source: Coinmarketcap.com
ALGO/USDT on an ascending triangle.ALGO/USDT on an ascending triangle pattern. B/O above the flat top with the right volumes may push the price to previous high 2.4-2.5 levels.
#NOT A BSH recommendation.
UPDATE: Added FIB extensions.
ALGOUSDT # 002 (Bullish sign is clear , ready for 150 % profit )Hello dear friends .
Good days .
ALGO after break lone term triangle start good bullish move .
With Bearish the market ALGO try to retest long trem bottom line $ get support for full Bull run .
Big bullish candle is good sign and what we expect is that it will try to make new ATH at Major Weekly Gann Arc resistance.
Thanks for your comments & support.
Good luck .
Algo Buy Setup Algo is Ready to Fly Again..
Entry below 1.800
Targets.
1.9600
2.2000
2.5000
2.8000
3.2000.
Stop loss :- 1.5900
ALGOUSD Fibonacci CircleI have drawn up some Fib circle describing a bullish move to a spot that has been a previous trend rejection point (red ovals)
Price comparison points can be drawn between the green ovals
Major trendline in bold white line
The Cup and Handle pattern is an addition that supports the bull idea
ALGO Amzing Shadow I had an analysis for this Quinn in the past and I was wrong to tell him that this position was wrong.
But now we see that after a while it reached exactly our goals and had its own movement until close to the final goal.
If you had it below, you could make a good profit.
Thank you for your support
Follow me on other social media.
Thanks
ALGO | #ALGOUSDT
Entry from now at 1.97 to 1.9
Safe Enter is to buy the breakout above 2.00
Targets:
- 2.1
- 2.24
- 2.45
Stop-loss:
Closing daily under 1.9
Recommended capital is not more than 3%-5%
$ALGO cup and handle pattern since 2019BINANCE:ALGOUSDT
Look at this cup and handle pattern forming since June 2019. This is perfect TA pattern which give us potential move upside to 5.50
(1.618 Fib) Also we just trade exactly on 0.5 level FIB in monthly timeframe . In local timeframe we have a higher low and lower hight so we are forming triangle with potential upside break out. Target of this break out 3.42. Since September 6, we trade also on 0.5 level FIB. More details marked on chart!
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
Disclaimer: Please be aware of the risks involved in trading. This video was made for educational purposes only not for financial Investment Purposes.
ALGO usdt - Crazy CandleYesterday we saw a massive wick spike for Algorand.
Huge buy support that is only now just starting to cool off.
Great project and a good buy, expect to see more great prices from ALGO.
ALGORAND- Dancing with El Salvador & Switzerland🕺 (p4)21Shares Announces Listing of Polygon, Avalanche and Algorand crypto ETP on SIX Swiss Exchange
Algorand price soared over 50% to new two-year high
Algorand (ALGO) — the native cryptocurrency of the Algorand blockchain — soared 50% from just under US$1.70 noon Asia time today to a new two-year high of US$2.66, according to CoinGecko data. But the surge was short-lived, with ALGO currently trading just under US$2 as of publishing time.
Fast facts
Algorand’s surge came as Korean cryptocurrency exchange Upbit announced the listing of the South Korean Won (KRW)/ALGO trading pair on its platform. Upbit, South Korea’s first licensed crypto exchange, dominates the Korean crypto market with a market share of over 80%.
Algorand is an open-source, public, blockchain-based network that supports a wide range of applications. The blockchain, which was launched in June 2019, uses a “pure proof of stake” (PPoS) algorithm invented by its founder Silvio Micali, an MIT professor.
In September, Algorand crossed the US$2 mark for the first time in two years following news that Koibanx, a Latin American asset tokenization and blockchain financial infrastructure company, had signed an agreement with El Salvador to develop its blockchain infrastructure on top of Algorand’s technology. Algorand has also been expanding its use cases in decentralized finance (DeFi), non-fungible tokens (NFTs) and central bank digital currencies. The blockchain currently has over US$80 million in total value locked in DeFi protocols, according to DeFi Llama.
Algorand is currently ranked the 19th-largest cryptocurrency with a market cap of US$12 billion, according to CoinGecko data.
Algorand’s Decipher event, which brings together Algorand’s developers, investors and stakeholders, is scheduled to take place from Nov. 29 to Nov. 30 in Miami and online.
Someone might have done us a favor today, dumping it after such an increase in price. It looks like it will start Pumping again!
Go ALGORAND!
the FXPROFESSOR
Just look at this wow trading zone! This is just proof that my strategy always works! Just look at this wow trading zone!
ALGOUSDT Descending Triangle Breakout | 80% Move ExpectedALGOUSDT Descending Triangle Breakout | 80% Move Expected
ALGO was in the correction phase since September 12, 2021, after successfully creating ATH at 2.5499. Now, ALGO has broken the Descending Triangle Pattern and seems bullish from the current price of 1.7431.
NOTE:
1. Q4 Started and highly volatile
2. Do your own analysis
3. High risk involve in this trade
4. Spot trading only
5. Take very low risk
Disclaimer: I will not be responsible for any of your loss or profit.
Buying Zone: 1.7454 - 1.8000
TP1: 1.8615
TP2: 2.0496
TP3: 2.3858
TP4: 2.7460
New ATH | Final Target: 3.1855
SL: 1.5534
Net ROI: 75% - 81%
Trade Risk: 11.38%
NOTE: Do not use more than 15% risk of your account.
ALGOUSDT AnalysisHello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
open pos: market
target: 2.75 and 3
after first target reached move ur stop to breakeven
stop: ~1.48 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 2+
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!
Will be very appreciate for ur donat/coins :)
Open to your questions or suggestions(Looking for investors!).
ALGOUSDT AnalysisHello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
open pos: market and lower
target: 2.4 - 2.75 - 3
after first target reached move ur stop to breakeven
stop: ~1.43 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 3
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!
Will be very APPRECIATE FOR UR DONAT/coins :)
Open to your questions or suggestions(Looking for investors!).
Cup and handle pattern in ALGO ☕️Hi Guys
As you can see in the chart, a strong Cup and handle pattern is formed in the daily time frame, and then we have a Wedge pattern, which will indicate the strong bullish movement of this currency in the coming month.
I hope you are successful and profitable.
