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ALGOUSDT

ALGO USDT analysisHello Trader, Please look at the video. ALGO is on down trend and as per this analysis this will be continued to lower price as of the current date and time of publishing this idea. RSI is low at 27, current price is ~1.63 1- First target is 1.56 2- The second is 1.49 3- Very ow possible third target is 1.21 --- Some advices This is not a financial advice Open trade at your own risk Never invest beyond 10% of your portfolio Never ever forget to have the stop-loss(1/2.5 R/R and more is better)
Short
by Ety_Ethan
ALGO USDT on the 1 Hr LongI have a 4 hr chart on this as well.... its cleaner...1 hour prints a few more notifications from the script Looking for a new entry into ALGO/USDT Based on my prior chart I went long at 1.59 and took profit on the break out around 2 dollars… Now I see the pattern repeating its self. Here is a 4 hour view and I will add a 1 hour view as well that give more oracle prints. Ideally I will look for a number of Buy and Pump incoming notifications to print to decide my entry 1.71 1.63 1.56 are the main local areas that I could see support holding Still debating on laddering my positions in or just waiting for more information to become clear. With a sell between 2.23 and 2.37 based on resistance points from the one hour chart.
Long
by BlockchainBreakdown
ALGO//USDT to continue pump with holding support - Next PartLooking for a new entry into ALGO/USDT Based on my prior chart I went long at 1.59 and took profit on the break out around 2 dollars… Now I see the pattern repeating its self. Here is a 4 hour view and I will add a 1 hour view as well that give more oracle prints. Ideally I will look for a number of Buy and Pump incoming notifications to print to decide my entry 1.71 1.63 1.56 are the main local areas that I could see support holding Still debating on laddering my positions in or just waiting for more information to become clear. With a sell between 2.23 and 2.37 based on resistance points from the one hour chart.
Long
by BlockchainBreakdown
Algorand (ALGO) - October 10Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (ALGOUSD 1W Chart) - Medium to Long-Term Perspective Above 0.76754798 point: uptrend expected to continue (1D chart) First resistance section: 2.11836146-2.25112275 Second resistance section: near 2.51664536 First support section: near point 1.72007755 Second support section: 1.18903235-1.32179365 If the price is maintained in the range of 1.72007755-2.11836146, the uptrend is expected to continue. However, it is recommended to maintain the price beyond the psychological support and resistance zone formed in the 1.90329264-1.97455023 zone. The first resistance section is an important section that determines the trend. So, if it rises to the first resistance zone, you need to check whether the price holds. If you fall from the first support, you can touch the second support, so you need a short stop loss. ------------------------------------------ (ALGOBTC 1W Chart) - Mid/long-term perspective Bottom sideways section: 1970 Satoshi-4309 Satoshi section 6469 Satoshi point or higher: Expected to create a new wave. (1D chart) First resistance section: near the 4309 Satoshi point Second resistance section: near the 6469 Satoshi point Support section: 2452 Satoshi-2886 Satoshi section ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released. (Because it is not public, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** 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.)
BINANCE:ALGOUSD
by readCrypto
ALGO might be into a triangleThis shaping up might be a triangle! I cannot be sure yet considering that it's just beginning to shape and also because, it'd have a very tighten form compared with the prior one, however it might be. If I'm right this pattern will take until the end of november to form completely. Off course, in most cases, price don't fill the patterns completely so, a prossible breakout will occur before the end. Let's say that around 20th of November the breakout can happen. However I expect a change in shape, probably an extension because this just look too short. If the chart will mimic prior one then price will take a dip to surge in 2022 (Jan to Feb). If ALGO will be positively influenced by altcoin season bullish wave I think a 40-50% increase is to be expected. At the moment I don't feel like saying more because chart isn't showing too much. At least not much interesting. Anyway at daily and at 4h EMA 200 is under the price which is a good sign!
by Shotokhan
Reiterating Bullish Call on Algo (Algorand)Crypto space is starting to go bonkers and with this happening, it's wise to choose the strongest one In my opinion, it's ALGO or Algorand. Been watching this crypto for almost a month now and here's what I like about it: *ALGO corrected and stabilized on the 50 Day MA while ETH and BTC on the 100 DAY MA, a sign of relative strength *MACD Cross up, MACD + *Area Pattern: Falling Wedge, a Bullish one *Histogram soon to be on the positive side - a sign that downward momentum is about to reverse direction *Area Pattern breakout retest, now acting as support ($1.80 level) *Volume Contraction Pattern With all this plus the bullish environment, it's tough to say no to ALGO. Let's go! For my entry strategy, check link below Good luck!
COINBASE:ALGOUSDLong
by kevvela
2
Crypto ALGOUSDT (The Next Leg UP?)View on Crypto ALGOUSDT (27 Sept 2021) Network coins are in the rage in recent days and this network could be the next winner. We had a whopping rise 50% in the early Sept and it may be due for the another leg up. Moreover, $1.50 region is supported well for now and it is likely to go higher. $2 will be an immediate term resistant. Let's see. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
by SonicDeejay
5
Algorand (Bullish Scenario to $3.00)Algorand's Community Governance at the time of writing this has: 19,638 Governors and 175,203,003.544 Algo's committed to be staked. Algo will surely have 20,000 Governors within the next 24-48 hours and 200,000,000.000 Algo's committed to the Governance Program. Meaning less Algo's will be available on the market, both raising the value of the token and providing security. The deadline for the Governance will end mid-month, with governance rewards varying on the overall committed Algo's. Algorand is now breaking out of a much larger bull flag pattern, but is making measured moves up to do so, the last move can be seen as the purple bars (copied bars pattern). The next move might be seen as the orange bars, with a lot of variation expected but the overall move up looking similar. Floor/Support at $1.50 with resistance at $2.00. The overall price target for the bull flag pattern is $2.75-$3.00. similar published Algorand ideas linked below:
Long
by marcosdaunte
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Short
by itsFaroukS