$ALGO, Testing ~3k sats resistance level matching EMA50 $ALGO
Testing ~3k sats resistance level matching EMA50 (green) on the daily chart
UCTS showing a Buy signal aswell
RSI rising close to overbought levels
Crossing above this level (Flip R/S), will confirm a potential double bottom pattern
Volume is key for continuation
#ALGO
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Thanks
ALGBTC trade ideas
Algorand Trade Signal [ALGOBTC](97%)Algorand (ALGOBTC) printed a higher low on Binance and is starting to move and can produce a massive breakout next.
Below you can find a full trade signal for this pair.
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Trade: Algorand (ALGOBTC)
BUY: 0.00002400 - 0.00002650
NEXT SUPPORT: 0.00002150
TARGET:
1) 0.00002810
2) 0.00003250
3) 0.00003555
4) 0.00003950
5) 0.00004444
6) 0.00005150
STOP: Close weekly below 0.00002000.
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Feel free to leave a comment if you have any questions.
Namaste.
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This is not financial advice.
ALGO/BTC (Algorand) | Falling Wedge Breakout..!!ALGO/BTC (Algorand)
Falling Wedge Breakout done in 4h Chart..
Major indicators Are Turning Bullish & VOLUME is Also Increasing So Grab Some With Low Risk..
MA20 Acting as a Tiny Resistance..(2788 Sats)
Expecting 15-20% Gain in 16-20 Hours..!!
Buy Between 2720-2780 Sats
Sell Targets 2870-2950-3040 Sats
Stop Loss Below 2690 Sats
Buy With 5-10% Portfolio..!!
Please, give us your opinion in the comments..
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The information given is never financial advice. Always do your own research.
ALGOBTC formed bullish BAT |Long opportunity upto 17%Priceline of Algorand / Bictoin has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00002770 to 0.00002703
Sell between: 0.00002931 to 0.00003172
Regards,
Atif Akbar (moon333)
ALGOBTC formed bullish Crab a good buying opportunityPriceline of Algorand / Bictoin has formed a bullish Cypher pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00003066 to 0.00003002
Sell between: 0.00003116 to 0.00003236
Regards,
Atif Akbar (moon333)
LONG - ALGO - Trading OpportunityBINANCE:ALGOBTC finally broke a really important resistance that held it down for almost 20 days, at the same time the MA200 merged with this resistance making it an ever bigger imposition, now that we're free from these, we will potentially see an uptrend start, the play here is to wait for a retest of the breakout where we hopefully get our orders filled so we can place a stop nearby.
Entry: 0.00003009
Target 1: 0.00003448
Target 2: 0.00003733
Target 3: 0.00004166
SL: 0.00002894
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ALGO Overwhelming Bullish Indicators on the BTC PairThis is a position I took at wave C of the Bearish Butterfly at 2631 sats and ended up taking profit at the top of the Ascending Triangle at 3237 sats for about a 21-22%ish gain. I am looking for a potential reentry between the bottom of the Ascending Triangle or the PCZ of the potential Bullish Bat. That being said, the Bearish Butterfly PCZ takes us slightly below the common retrace zone. Buuut, the newly found Ascending Triangle takes us right in the zone for the measured move. Potential gains here are insane. You have broken out of a downtrend we've been in for the longest time on both the Linear and Log scale. This is something I have posted a little while ago too! <3
$ALGO DAILY UPDATE INVERSE H&S?!Good Afternoon ladies and gents.
(Update on ALGO to the BTC pair)
We have a scuffed slanted Inverse Head and Shoulders Pattern potentially in play here. Breaking the neckline would also leave a measured move around the PCZ of the Bearish Butterfly.
If you entered a position in ALGO at my previous call, you'd be up over 20% in gains already.
Exit Targets remain the same, although I do recommend using the 4 hour time frame to determine potential price reversal. This is a big move and it is possible we won't hit the PCZ. But it is still a target for now.
You can't be surprised that we are running up quite a bit on this asset. I have made previous calls trading this asset at like 8k plus sats. I also exited my positions at perfect exit targets and haven't touched this asset since. Now look at us. Price reversal was expected.
Formed Daily Bullish Divergence into Bullish Convergence with a higher low. This was also the shape of a rounding bottom and just recently, I was able to spot a Slanted Inverse Head and Shoulders Pattern to add to the mix.