Chance of growth up to 30%This currency is in an upward trend and there is a good opportunity for the growth of this currency, according to the chart and analysis, you can enter with capital management.
ALGOUSDT
Above 300%Hello
ALGOUSDT will increase by approximately 300%, making it possible to achieve higher targets.
I deleted my indicators.
Spot trade please.
Algorand on a Classic Mooove 🚀Hey Traderz,
The Chart says the story. Classic Rounding Bottom Pattern with a nice pullback.
Hoping for a 100% gain. Let's hope for some positive news coming on the corner and the price raise quicker.
Don't let greed catch you. Book the profits and Exit the markets.
Entry - Around 0.2427 - 0.2600
Stoploss - 0.2000
- Everything depends on How BTC performs. But let's keeeeep hope.
Happy Trading !!!!
ALGO: Pullback in UptrendTrade setup : Price remains in an Uptrend. Following a failed break above $0.30 resistance, price is approaching $0.20 support area, which could be an attractive swing entry in Uptrend, with +25% upside potential to $0.25 near-term and +50% to $0.30 mid-term. Stop Loss (SL) level at $0.18.
Trend : Neutral on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $0.25, which it broke, then $0.20. The nearest Resistance Zone is $0.30, then $0.36 and $0.41.
ALGO is set up for an EXPLOSIVE move to the upside!ALGO is set up for what I think is going to be an EXPLOSIVE move to the upside. After the cup & handle breakout I predicted came to pass, and a nice retest of the rim-line, which just occurred, I think we are about to experience an EXPLOSIVE Wave 5 to the upside.
Buckle up!
Good luck, and always use a stop-loss!
Algorand uptrend local targetsBINANCE:ALGOUSDT
Lets take a look on D timeframe for Algo
Possible Targets and explanation idea
➡️Local fib we perfectly touched -0.18 lvl and would be good to test green block again
➡️Like usual we got many variations of price movements but I marked 2
➡️Both of this price movement for continuation Up.
➡️Green - retest 27 block and continuation in spring
➡️Red - retest buy line "take profit" indicator on D and Up
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✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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Bullish uptrend COMING SOON Algousdt, AlgorandDear friends, Algorand has been in a downtrend for MANY MONTHS, it reached major support area of 0,09 cent. (ATTENTION, it still can FALL lower). Now Algorand seems to be establishing a BOTTOM.
Bullish signs: Bullish divergence, volume increasing, major support zone, oversold territory.
2 things can happen now: Algorand slowly increases. Or Algorand makes new low under 0,09 to take stop-losses and liqiudity and then starts an uptrend.
BINANCE:ALGOUSDT COINBASE:ALGOUSD KUCOIN:ALGOUSDT
ALGO ANALYSIS🚀#ALGO Analysis : Pattern Formation
🔮As we can see in the chart of #ALGO that there is a formation Inverse Head And Shoulder Pattern and it's a bullish pattern. Also there is a perfect breakout and retest of the levels. This indicates a potential bullish move.📈📈
🔰Current Price: $0.2353
🎯 Target Price: $0.3871
⚡️What to do ?
👀Keep an eye on #ALGO price action. We can trade according to the chart and make some profits⚡️⚡️
#ALGO #Cryptocurrency #TechnicalAnalysis #DYOR
ALGO/USDT Local trend. Wedge breakout zone. 5 11 2023Logarithm. Time frame 1 day
Main trend. Accumulation/distribution zones. Time frame 1 week.
ALGO/USDT Main trend. Cycles. 07 2023
Secondary trend. All price drops from 2-year highs.
ALGO/USDT Secondary trend. Wedge - trend.
This local wedge breakout zone on the line chart.
Algorand: $0 is next? Algorand, another dead project.The chart speaks volumes. There is 0 demand for this coin. I believe this coin will soon enter its bearish phase and head towards zero.
ALGO: Pullback in UptrendTrade setup : Following a bullish breakout from a Falling Wedge pattern, price resumed its Uptrend. It briefly broke above $0.30 resistance but failed stay above it as traders took profits. Pullback near $0.25 support area could be an attractive swing entry in Uptrend, with +20% upside potential to $0.30 near-term and +40% to $0.36 mid-term. Stop Loss (SL) level at $0.225.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $0.25 (previous resistance), then $0.20. The nearest Resistance Zone is $0.30, then $0.36 and $0.41.
ALGORAND To $3+ Before EOYAccording to my autistic calculations Algorand will trade above $3 somewhere between june and october this year.
I don't make the rules...
NFA
🚧ALGOUSDT is Bullish now🚧 & many Traders don't see it 👀!!!Hi.
COINEX:ALGOUSDT
✅Today, I want to analyze ALGO for you in a Weekly time frame so that we can have a MID-term view of ALGO regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
ALGO has formed an inverse head and shoulders pattern. If price followed this pattern and will soon reach to 0.90 . The expected movement is measured as the price movement (AB=CD).
✅ Due to the Ascending structure of the chart...
- High potential areas are clear in the chart.
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Update ALGOUSDTThere is strong support and the bottom was tested again and rebounded from it. It is possible that we will see a large final wave rise in the shaded area above as long as it does not break its last low.. A big monthly rise is coming only if its last low is not broken.
ALGO/USDT gearing up for potential upward?👀💎 Paradisers, gear up as #ALGOUSDT is currently displaying a promising setup, situated within a support zone, poised for a bullish climb.
💎 #Algorand is paying homage to the support level at $0.1837. There's a strong chance it might revisit the support at $0.1837. If the price can maintain its momentum at this level, we're looking at a bullish progression to breach a significant resistance level.
💎 Nonetheless, as savvy traders, we must be prepared for various scenarios. In the event our bullish anticipation does not come to fruition, a bullish resurgence from the support level at $0.1709 is within our contingency plans, with a descent below this threshold possibly signaling a substantial downward movement.
ALGO: Resistance BreakoutTrade setup : Following a bullish breakout from a Falling Wedge pattern, price resumed its Uptrend. Now it broke above $0.30 to signal continuation of that uptrend, with +20% upside potential to $0.36 near-term and +33% to $0.41 mid-term. Stop Loss (SL) level at $0.265.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $0.25 (previous resistance), then $0.20. The nearest Resistance Zone is $0.30, which it broke, then $0.36 and $0.41.
ALGO/USDT facing resistance in the supply area. Breakout ??💎 ALGO has recently encountered significant market dynamics. Currently, it is facing resistance in the supply area.
💎 If ALGO manages to successfully break out above this supply area, confirmed by a daily candle close, there is potential for continued upward movement, possibly reaching our target area.
💎 However, if ALGO fails to break out above the supply area, there is a risk of price rejection, leading to a gradual downward movement towards the support area to seek new momentum.
💎 The support area holds crucial significance for ALGO. The price needs to bounce from this level to attempt another breakout above the supply. Failure to sustain the support area, indicated by a breakdown, would be a bearish sign.
💎 In such a scenario, ALGO may switch back to a bearish trend, potentially leading to further downward movement towards the demand area or even lower levels.
ALGOUSDT Poised for Weekly Resistance Test: Can Bulls Breach theALGOUSDT is approaching a critical juncture, nearing a key resistance level of $0.2727 on the weekly chart. This analysis explores the potential for a breakout and the support levels to watch in case of a pullback.
Technical Analysis:
Resistance: $0.2727 (Weekly)
Support: $0.2199 (Daily), $0.1594 (Monthly)
Volume: Decent Buying Pressure
Moving Averages: 25 MA Acting as Support
Key Observations:
ALGOUSDT is facing a significant resistance level on the weekly chart. A breakout above this level could signal further upward momentum.
The recent price action indicates decent buying pressure, suggesting bulls are attempting to overcome this resistance.
The price has tested this weekly resistance twice on the daily chart, highlighting its importance.
The 25-day Moving Average (MA) is currently acting as support.
If the price fails to break above the weekly resistance, it could find support at $0.2199 on the daily chart and $0.1594 on the monthly chart.
A successful breakout could lead to further gains towards the next daily resistance level at $0.2376.
Conclusion:
The upcoming price action for ALGOUSDT hinges on its ability to overcome the key weekly resistance level. The presence of decent buying pressure and the supportive 25-day MA suggest a potential breakout. However, if the price encounters resistance, established support levels exist at $0.2199 (daily) and $0.1594 (monthly).
This information is for educational purposes only and should not be considered financial advice. Please conduct your own research before making any investment decisions.
ALGOUSDT | 1-2-3 Wave projection -Inverted Head & Shoulders +90%A possible 1-2-3 bullish pattern with an inverted h&s breakout
Target: 162% Fibonacci extension - wma200 week +90%
Entry: breakout retest wma20w
SL: week low position (week candle wick) -20%
RRR: 4:1
ALGO price update#ALGO Price Update: After a successful breakout from a zone marked in green, we will see massive gains. We could take entry after 4 hours candle close above the marked zone. Always use stop-loss. Everything is on the chart.
ALGO/USD Potential H & S Bottom reversal ALGO / USD
⌛️Potential head and shoulders breakout (pending)
✅Above 200 SMA
✅Moderate Rising Volume
🎯H&S Target aligns with 0.618 Fib Ext & prior
resistance levels (Targets are never guarantees)
#Algorand #AlgorandNFTs EURONEXT:ALGO
ALGO: Resistance BreakoutTrade setup : Following a bullish breakout from a Falling Wedge pattern, price resumed its Uptrend. Now it broke above $0.25 to signal continuation of that uptrend, with +20% upside potential to $0.30 near-term and $0.35 mid-term. Stop Loss (SL) level at $0.225.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $0.20 (previous resistance), then $0.17. The nearest Resistance Zone is $0.25, which it broke, then $0.30.
algo looks bullish for coming months Looking Bullish For Coming Months Descending Channel Breakout Has Already Confirmed Quick Retest Going On Now Testing Horizontal Resistance Too Once Horizonal Resistance Got Cleared Too Massive Bullish Rally Can Start Expecting 300-350% Bullish Wave Incase Of Successful Breakout
