ALGBTC trade ideas
ALGOBTC forming bullish Shark | Upto 55% bullish movePrice action of Algorand / Bitcoin is forming a bullish Shark and soon it will be entered in potential reversal zone insha Allah.
This PRZ area should be used as stop loss in case of complete candle stick closed below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00002955 to 0.00002636
Sell between: 0.00003342 to 0.00004086
Regards,
Atif Akbar (moon333)
ALGO/BTC TA Update (Waiting for bounce at key support?)ALGO/BTC
ALGO is on healthy pullback consolidating above support area 0.382 - 0.5 Fib. If ALGO can sustain this level of support in the coming days or weeks.
There is a high probability to continue its uptrend again provided no red flags happen.
ALGO/BTC H4 falling wedge ALGO printing nice falling wedge, but price is under uptrend line, today was fakeout and retest this trendline after Binance team posted news:
"Binance Will Support the Upcoming Algorand (ALGO) Network Upgrade "
www.binance.com
If price will back above trendline again on high volume, propably price will go up again . Next resistance (if price will back above trendline) are 4k sat and 4400 sat.
Support: 3500-340 sats
$ALGO, Finally crossing over ~4k sats resistance level$ALGO
Finally crossing over ~4k sats resistance level after multiple tests and rejections on this level (Volume is decreasing tho..!)
Looking for a flip of this level on the 12H/1D charts as potential entry for a long position
UCTS showing buy signals on the 1/2/3D charts
#ALGO