Sell time in AlgoHello traders!
Welcome back to another episode with analyst Aadil1000x.
Today we are going to sell Algousdt from here as there is a strong bearish pattern and the Bulls of Algo are already exhausted.
Stoploss 0.3913(-5.8%)
Target 1, 0.3238 (+12.5%), Take Some profit Here & Move stoploss @ entry
Final T.p 0.2719(+25%)
Suggested leverage 7x.
ALGOUSDTPERP
Algo - So juicy 😋- BTC bullish
- Trend bullish
- 6th touch
- Level visible on daily timeframe and under
- Over VWAP
- ATR 50
- False breakdown happened
- When print will go faster and base on 5m tf near the level will appear, I'll enter
Close by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
The rest we keep to reach maximum potential
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
ALGO/USDT 4 HOURS UPDATE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as an
ALGO/USDT is making this falling wedge pattern.
Entry: $0.6830-$ 0.6950
Targets- 20%
LEVERAGE-5X - 10X
Stop Loss: $0.6690
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
ALGO LIKELY MOVE - TO FALL TO $0.61Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
This is a pennant pattern indicating a fall to the lower trendline before a rise to the upper trendline before an upward breakout.
If this should play out, I expect a fall to $0.61 before a move to the upside
What do you think?
Share your opinion in the comment section✍️
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ALGO/USDT 4 HOURS UPDATE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as an
ALGO/USDT is making this bullish expanding Triangle pattern.
Entry: $0.75 - $0.77
Targets- $0.8 - $0.843 - $0.88- $0.92- $0.97- 1.04
LEVERAGE- 5X
Stop Loss: $0.725
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
ALGO/USDT 4 HOURS UPDATE Welcome to this quick Update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
ALGO/USDT breaks this DESCENDING CHANNEL pattern and now retests it.
Entry: CMP
Targets: 20%TO 25%
Stop Loss: $0.866
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
ALGO/USDT 6 HOURS UPDATE Welcome to this quick Update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
#ALGOUSDT is about to break this symmetrical triangle pattern.
LONG: CMP
TAKE PROFIT: 20% to 30%
SL: 0.9750
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
ALGOUSDT, Are we repeating the previous cycle ?Hello everybody
According to the chart you can see the price was done the cycle and now because of the distance of the price is a little far from static support line that we shown on chart (Yellow Box), We expect the price is coming to impact to the trendline support area then it can repeat the cycle and we are in the beginning of the cycle.
But if the price can not support from the trendline support zone its ready to drop more and break that support and reach to our static zone (Yellow Box).
The trend of the ALGO is upward adn we are only be in position according to the trend :D
Previous analysis :
If you have any question ask us in private
Good Luck
Abtin
ALGOUSDT , Amazing movement ...Hello everyone
Its one of the amazing chart that we analysed , it has amazing movement
According to the chart, after parabolic upward movement and complete waves, we expect the correction is omig toward the first support zone of trendline and if the price break this level, the price can drop to other levels of support zone.
If you need any help just tell us and send us messages in private
Good Luck
Abtin
Algo Chart Analysis #ALGOUSDT 4H Chart SIGNAL by CryptolernersBD
♻️ HEY, Guy's. Algo Creating A Triangle Chart Pattern. Now We Need To Wait For Breakout. Algo Currently Above The Previous All Time High. Keep It In Your Watch List. We Will Buy If Price Close Above The Trend Line Resistance & Also Above $1.86. And Our Stop-Loss Will Be 4H Candle Closing Below $1.70.
SO WAIT FOR BREAKOUT....✅
1D Chart...
ALGO - Potential Rising Three Methods Candlestick PatternWhat is the Rising Three Methods Pattern?
"Rising three methods" is a bullish continuation candlestick pattern that occurs in an uptrend and whose conclusion sees a resumption of that trend.
Read more: www.investopedia.com
As Bitcoin recovers from the previous consolidation rage, I'm convinced that the Rising Three Methods could play out.
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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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 possible bull flag and descending triangle breakout?In this analysis we will be going over algorand flag pattern that could potentially be breaking ALGO out of the larger descending triangle .
Algo has recently triple bottomed, is currently forming a bull flag and is looking to jump out of a descending triangle . If the top of the bull flag resistance line is popped the price action will head upward the same length of the bull flags pole. This would break the price action out above the macro pattern of the descending wedge pattern we have been in for 2.5 months.
Currently the price action is bouncing off of the .5 fib line after the retrace from the recent high (the resistance line of the descending triangle ) that helped formed the macro descending triangle formation Algo is currently in.
This one looks ready to move as long as Bitcoin plays nicely.
Have a green and prosperous week!
ALGOUSDT(1H CHART) Trend BreakoutALGOUSDT (1H CHART) Technical Analysis Update
ALGOUSDT (1H CHART) currently trading at $0.831
Sell level: Below $0.833
Stop loss: Above $0.891
Target 1: $0.794
Target 2: $0.765
Target 3: $0.711
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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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
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