Algousdtshort
🚀💰 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! 🏆💬
Will Algo/Usdt do a correction?Hello,
We see that Algo/Usdt has made appropriate movements according to the Fibonacci Retracement Levels in the channel it has been in since the beginning of the year. Even though I am on the bulls side in the macro view, it is possible that it will do a correction at least to 0.786 and maybe even 0.618 levels from here.
Short around $0.210 to
TP1: $0.1978
TP2: $0.1887
Cheers,
Algorand (ALGO) formed bullish Gartley for upto 34.50% rallyHi dear friends, hope you are well and welcome to the new trade setup of Algorand (ALGO) with US Dollar pair.
Previously we had a nice trade of ALGO:
Now on a daily time frame, ALGO has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
ALGOUSDT 4H Analysis🟢#ALGO/USDT
$ALGO is trading inside descending parallel channel and now it is below the upper line that is the same with resistance zone.
break out from the upper line can increase the price to the resistance zone between $1 and $1.05.
also, it is possible that the price drops to the support zone around $0.77 and shapes a reverse head and shoulders then try to break out from the upper line.
break below the support of $0.75 will drop the price to support zone between $0.7 and $0.65.
⚠ This Analysis will be update
🤵🏻 Analyzed By: AmirHossein
📅 02.26.2022
⚠️ (DYOR)
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 , 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
NeutralHello guys, it seems that after a good growth, we are pulling back to the broken line, and the closer you buy to these lines, the better the price targets are, and the stop loss is the closing of the daily candle below the price of $ 1.60 in the daily time frame. I love you dear followers. 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
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.
ALGO/USD Detailed AnalyseALGO was listed on Coinbase and it was already listed on CoinbasePro before.
So it has risen above %25 in hours and daily TD sequental chart shows it was rejected to pass $0,35 resistance
it's likely to start falling.
Considering Twitter hack and bad reputation news about Bitcoin and economical crisis and new lockdowns due to Covid -19,
i expect ALGO to fall below $0,3 soon.
Good luck.