#ALGO/USDT Ready to go higher#ALGO
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 0.4064
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.4313
First target 0.4475
Second target 0.4593
Third target 0.4960
Algousdtlong
Algorand (ALGO) Surges 1650% at 10x Leverage!Algorand (ALGO) Trade Overview:
Algorand (ALGOUSDT) delivers an explosive performance, achieving a phenomenal 1650% gain at 10x leverage using the Risological Trading Indicators . The 4-hour timeframe captured this breathtaking rally as ALGO hit all targets and surpassed expectations.
Key Levels:
TP1: 0.1247 ✅
TP2: 0.1364 ✅
TP3: 0.1482 ✅
TP4: 0.1555 ✅
Technical Analysis:
The trade was initiated as ALGO broke past the Risological Green Lines, confirming a strong bullish momentum. The gradual upward curve of these lines provided early indications of sustained buying pressure. The price surged consistently, clearing all the predefined targets with ease.
This move reflects a textbook breakout scenario, powered by volume spikes and an aligned bullish sentiment in the market. Traders leveraging Risological tools were well-positioned to capture this remarkable upside, securing massive profits.
#ALGO/USDT#ALGO
The price is moving in a descending channel on the 4-hour frame and is sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at a price of 0.1186
We have an upward trend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.1280
First target 0.1333
Second target 0.1370
Third target 0.1416
Algorand middle term targetsAlgorand middle term targets BINANCE:ALGOUSDT
Possible Targets and explanation idea
➡️We already sweep covid historical march 2020 low
➡️On a W tf we can see money inflow based on my Money Power indicator
➡️Perfect scenario with test of Buy line of my Take Profit indicator
➡️Target will be break out of downtrend line and test with full fill around 0.53$ monthly FVG.
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 idea was made for educational purposes only not for financial Investment Purposes.
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#ALGO/USDT#ALGO
The price is moving in a descending channel on the 1-hour frame and is sticking to it to a large extent and is expected to break it upwards
We have a bounce that was booked from the lower limit of the channel at a price of 0.1200
We have a downtrend on the RSI indicator which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.1210
First target 0.1250
Second target 0.1300
Third target 0.1344
#ALGO/USDT#ALGO
The price is moving in a bearish channel pattern on the 4-hour frame and sticking to it well
The price rebounded well from the lower border of the channel at the green support level of 0.160
We have a tendency to stabilize above the Moving Average 100
We have oversold resistance on the RSI indicator to support the rise, with a downtrend about to break higher
Entry price 0.1700
The first goal is 0.1970
The second target is 0.2125
The third goal is 0.2338
🚀💰 ALGOUSDT: 1 to 10 Trade Opportunity!Traders, get ready for a potential game-changer with ALGOUSDT! 🚀💰
🔍 Strong Support Zone:
We're eyeing a robust support zone where buyers are showing a strong reaction. It's highly probable that they'll step in again. Remember the last time? It sparked some impressive movement!
💡 Trade Strategy:
With the potential for a 1 to 10 trade, this setup could be a golden opportunity for profit! Keep a close watch on this support zone and be ready to seize the moment when the buyers make their move.
💬 Share Your Thoughts:
What's your take on this potential trade setup? Share your insights and let's discuss the possibilities together! Your input could be the key to unlocking this exciting opportunity!
💰 Unlock the Prize:
Remember, the best comment could unlock a special prize! So don't hold back—share your thoughts and join the conversation! 🏆💬
ALGOUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Entry: Find your entry point yourself (im in pos from 0.184)
Targets: 0.34 - 0.46 - ~0.7
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
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.
DYOR!
ALGO target 0.41D time frame
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We are currently gaining almos 60% profit from ALGO since last entry on Jan 27, as below.
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Furthermore, ALGO is breaking above the neckline of this potential head and shoulders structure, which means here is an opportunity to add positions or set up a new trading plan.
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TP: 0.4 / 0.45
SL: 0.215
ALGO - STILL BULLISH: NOW forming Elliot Wave 2-3📉Hi Traders, Investors and Speculators of Charts📈
If you've been following, you'll know I'm fundamentally bullish on Algorand. And it gets better than fundamentals - we are currently witnessing a similar fractal that played out on ALGO during early days - the Elliot Wave Fractal.
From the macro perspective, we can see that Algorand has a long way to go before reclaiming previous highs, unlike many other altcoins. It's hard to find an altcoin with good fundamentals tat still has 2000% upside potential, away from previous all time high.
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BINANCE:ALGOUSDT
ALGO target 0.28 & 0.451D time frame
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ALGO is retesting the structural support around 0.135~0.152, that is also the 0.618 Fibonacci Retracement, so here is a good timing to set up a perpetual trading plan with great RR. Also, we can easily see a strong support on higher time frame around 0.08~0.10, this zone is a sweet price to accumulate spot if ALGO come back again in future. Therefore, I provide two trading plans for perpetual and spot.
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Perpetual:
TP: 0.28 / 0.44
SL: 0.135
Spot:
TP: 0.45 / 0.68
SL: 0.07
ALGORAND Update, time to start buying it?I was wrong on my prevoius idea, it wass maybe too early for ALGO to fly. But the hot zone i marked as resistance and support has worked nicely. We are back to resistance and i think Algorand has enough strength to flip it to support and fly high in the mid term. 0.2 is my target before end of the year