ALGOUSDT 1DPossible routes for ALGO
I think the chart is very clear
Each of the scenarios may proceed without pullback if it occurs
Be happy and profitable
ALGOUSDT
ALGOBTC Update (rejected from upper bound)ALGOBTC is rejected from the upper bound of the channel. In my opinion it will retry to break it.
See also:
AGLOUSDT - Update (retesting the broken level)It seems that ALGOUSDT is retesting its broken level and I expect it to continue its bullish move.
See also:
WHATS HAPPENDALGO USDT
last tries to keep his bullish move of the algousdt can set short pos. on the resistance dynamic trandline
ALGO: WAIT FOR THE MOMENTThe price action has printed a head-and-shoulders pattern. To confirm we will go down. we have to wait for the price to break down below the neckline and retest it. Then, we can wait around 1.7 to open a long in case the price shows signs of reversal. Good luck.
ALGOUSDT | Corrective Wave Started | ShortReason:
1. Break the support Channel
2. Break the support Wall
3. Break the EMA support in 30M Time Frame
4. RSI Divergence
5. I think wave 5 is over
For the stop loss level consider the trendline and the EMA as a new resistance
The corrective path just a illustration about the ABC corrective wave, it can be flat or zigzag or another ABC
Disclaimer ON
this chart is not a signal you should follow, I just want to share what I think, if I made a mistake please let me know in the comments section, Thanks.
Break the EMA support in 30M Time Frame
ALGO 1D Watch, read, comment!The last time we analyzed the Algousdt pair was back in February, but if you look at its performance and read the description...
you'll see quite a precise realization of the idea.
Today let's refresh our thoughts a little, after all, it's been half a year)
In recent days, the Algousd chart has recorded abnormally high trading volumes. Importantly, these volumes were recorded on the break-down of all the highs of 2021, which is a strong bullish signal . If the price does not break and fixation below $1.84-1.95 today/tomorrow, the buyers will confirm their strength and serious intentions to continue rising. The growth itself in such situation can continue, at least till $3.50 for the white scenario.
Or maybe such a rush around Algo and a burst of trading volumes was due to some strong news? Please, share your thoughts in the comments , you know we don't read the news much and don't base our analysis on it)
Because if it's a banal news dump, the price of Algorand token may go down even faster than it went up. A price fixation below $1.84 will show the green light for the sellers, who can easily bring the price of Algousdt down to $1.10 to begin with.
We considered many possible scenarios, but we pictured two most likely ones: white and blue! What's interesting, the end goal in both scenarios is around $8.60, though the buyers and sellers will have to overcome different routes and tests to reach the goal)
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ALgorand daily chart analysisbreaking out the rectangle pattern and now it is in a correction.good time for investing some money .may reach 3.5,4$ till end of 2021 if nothing terrible happens for btc.good luck
ALGO , an enormous cup and handle pattern , 1800% gain ahead.as you can see , Algorand has made a huge cup and handle pattern , the handle has been made .
Don't forget that it's just an analysis. so there is no "guarantee" for it to rise.
ALGO USDT New HighsALGO made a new high even after a BTC sell off
Made a triple bottom as well
Showing great relative strength
Retest of previous highs can be a decent entry
ALGO.USDT (Y21.P6.Video1).Approaching resistanceHi All,
Algo has performed well and has the potential to keep going.
If your interested in knowing the targets and why, watch this video.
If your interested in entering, what this quick for we only have 3 hrs to decide.
All the best,
S.SAri
ALGO enough It’s was game for Algo . I will be no surprise if we go down . Algo should definitely calm down .
Algorand - ALGO in upward channelAlgo - Price is moving up nicely in upward channel, it can reach as highs at 4.75$
Quick Trade of Algorand to $2.60Took a look at Algorand / $algo --->
Made some decent profits yesterday at 1.60 to 1.85 and then was waiting for a wave 2 correction to 1.40 --- unfortunately, it didn't get down to that 50% that I was looking for and missed the entire overnight rally. This baby has some serious fomo right now because of it's El Salvador/NFT news. So, seems like people think its seriously undervalued. So it could be the next SOL trade.
Anyways... to update..
Today we can now see a more developed structure than yesterday..
It's still looking juicy here, seems to be ranging nicely in trend and on the MACD.. targets of the next up move look to be $2.6 - 2.65. (As long as Bitcoin doesn't take a dump today).
Sure I can see $3 to $5 here..but.... I am playing this quick impulse fomo move up that should occur in the next next 12 hours. This top will then probably be the 1st wave up and then we should get a proper wave 2 pull back so will update this post as it progresses this could be a nice end of wave 1 and a really cool wave 3 if all plays well :)
Good luck guys, Remember DYOR and use STOPS :) Watch for previous highs of 1.80-1.85 as a support zone if this trendline breaks.
ALGO - The Tipping point - Total market 10.000B $ALGO - The Tipping point - Total market 10.000B $
Entry: 1.5$
Target 3.4$
Long time: >7$
TTP: 34$
Algorand can hit previous all time high of 3.50 in the near termWith daily squeeze firing and if that in return drives firing of weekly squeezes we can see ALGO hitting 3.50 as my first PT. Buy the dip on all pull backs $2.00 and below.
