ALGOUSDT Major resistance Breaks in day chart!ALGOUSDT (Day Chart) Technical analysis
Major Resistance breakout
ALGO/USDT (Day Chart) Currently trading at $2.05
Buy level : $1.85 - $2.00
Stop loss: Below $1.68
TP1: $2.40
TP2: $2.80
TP3: $3.50
Max Leverage 1x or buy it on the spot market
Always Keep Stop loss
Algousdtlong
Has Algorand got your attention yet? It certainly has mine!Greetings traders! Well, what a special move by Algorand! It has shaken off the dump and exploded higher on huge volume! That can't be ignored! Taking a look a possible counts, and rather than see a 1/2/3/4, I can make the case for a 1/2 followed by another 1/2 which has us primed to move much much higher! My advice would be to look for an entry, don't use leverage and only spend an amount of money you are happy to live without. Then put it in your bottom draw because this could be the next moon shot! Good luck!
ALGOUSD is it right time to exit ?Hi, if you are following me you must have seen yesterday i shared algousd analysis in which i market the area where you can take entry
you can see after restest we took entries in algo and now we closed all our positions now we will wait for best point to enter again
Don't force trades just wait
33%+ Profits is better than nothing you can see only algo recovered that well because second leg was on the cards as e predicted
Enjoy profits and give yourself a treat and remember me as well hahhaah just kidding
Like and comment below if you took a trade and share you experiences with me because when someone earn from my analysis it makes me happy
Symmetrical triangle in Algorand* Algorand in 3H time frame forms Symmetrical triangle.
* Symmetrical triangle occurs when the price consolidates between two trend-lines slightly sloping towards each other, the price is squeezed till it breaks the either side of the pattern.
* Here the Descending trend-line works as resistance and the ascending trend-line works as support.
* Breakout on the either side of the pattern will give a healthy move.
ALGOUSDT Flag Pattern!ALGOUSDT Technical analysis Update
ALGO/USDT currently trading at $0.8438
Flag Pattern
Buy level: Above $0.840
Stop loss: $0.800
TP1: $0.865
TP2: $0.910
TP3: $0.99
Max Leverage 3x
Always keep Stop loss
Note: please do your own research before investing. Never invest money that you can't afford to lose.
ALGO > Trendline Breakout and Retest > Upmove from Support Zone?Hello Friends,
Hope you all are having a thrill in your trading journey.
I am presenting you my analysis of ALGO.
According to my technical analysis, ALGO will now go till next resistance zone as it just broke out from trendline.
I hope my analysis is pretty clear to you guys.
Kindly do your own research and follow proper risk management.
Best Regards,
Shaswat Naman
TradeThrill, India🇮🇳
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Have a look ... +150% potential for Algo 👌technically, we wont see Algo under 50 cents again unless bull run is over n actually it is not yet.
Algorand fundamentally from strong projects that have a great technology that's why it jumped from 8 cent to $1.80 !
82 cents is strong support n will hold in the worst correction scenario.
Algorand is a prefect choice for long term investment, it may rich 6$ n $9 maximum in the near longterm.
but we still have a great potential to go up.
Try to have some in ur portfolio.
✅ Buy: 1.25 - 1.00 ✅
🎯TARGETS:
1- $1.58
2- $1.80
3- $2.40
4- $3.30
💵 Trade Size: 5-7% of Portfolio
🚫 Stop loss: daily candle close below 0.825
Please click LIKE button and Appreciate my hard work.
Must follow me for latest crypto real time updates.
Thank you.