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ALGBTC trade ideas

Algorand #ALGOBTC +100% profit trade opportunity in OCTMost likely #ALGO has indicated of potentially formed bottom which is now giving us upto +100% trade opportunity in oct potentially buy zones fib50 - fib60 Buy #ALGO from 2440-2550 sat T1 3000 T2 3500 T3 4000 T4 4800 SL 2250 incase if prices drops and hits stop loss than 2100-1930 will be the next major support level and rebuy zone, targets will be same. thanks for reading, don't forget to like and share this idea:) for more updates keep following me on Telegram, twitter and TradingView. thankyou
Long
by Husain_Arkghazi
1
LONG - ALGOBTC- Trading OpportunityWe have here a double bullish divergence with a big volume spike to back it up. As the stop loss is a little bit further away than usual, we will be using a smaller position size. Entry: 0.00002280 TP 1: 0.00002471 TP 2: 0.00002720 TP 3: 0.00002986 SL: 0.00002087 CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position. CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance 1.71% whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgement sums (including interest thereon).)
Long
by ElMomento
6
Algo 4H breakout - Now consolidation to distribute ordersAlgo broke its trend heading down on the 4H..nothing significant which tells me we are still heading down in price. Buyers can't get a grip yet and that is def. due to the buying power of BTC right now. Investors are tossing thousands of bucks into BTC at the moment. Alts tend to have effect with this in both positive and negative manners depending on how an individual tackles their asset. If they're spot trading or futures trading? While price gets pushed around here in the coming days Algo will too.. I expect some kind of consolidation zone here at these levels to prepare for an impulsive move up heading into next year. The technology is way behind compared to assets such as ADA or XRP. Which means we have time to load up at the prices we can afford as day traders or long term traders. The real question is...how long can you follow your investments fundamental growth without looking at the price everyday??? ;) Stay safe everyone..and always do your research on your investment. Dive deep.
by AschraM
$ALGO / $BTC Daily Shooting Star Close/Bullish ButterflyGood evening Ladies and Gentlemen! 1st off, I am planning on opening up a Discord channel or potential telegram channel. I may even make a website, but I really want to start a group called "ChArtWorks" or "TimeLostChArtWorks". Haven't decided yet, but I would love to open a channel for TA and also Artistic Charts that I'll be posting! That being said, we are currently closing the daily candlestick with a Shooting Star. This is typically a bearish candlestick which implies potential reversal in price action to the downside. These are commonly seen in uptrends. On top of the Shooting Star Candlestick, you also have Bearish Convergence on the MacD with "Hidden" Bearish Divergence on the RSI! I have taken profit on ALGO completely. We may not hit the perfect pcz target of the bearish cypher. We were 9 sats off and we were constantly being rejected under Resistance. I know this sounds kind of far fetched and some hodlers or those that are emotionally invested in ALGO will hate me for this, but it is not out of the realms of possibility that we'll see between 265 and 385 sats Overtime! You are also creating a Shooting Star Candlestick with all of the coinciding variables at the Top of the Geometrical resistance. If you are fomoing into ALGO now, I am just saying this is not a safe entry whatsoever. But between the 1.272 and 1.618 golden mean ratio, you could see exponential gains at the price ranges! I will keep you updated as usual and we'd be looking for 4 hour and daily bullish Divergence among these areas! Also, keep in mind of the overall trend of this coin so far. This coin has done nothing but dump, and you haven't even broken the geometrical trend to indicate a change to the current trend we are in!
Short
by ChArtWorks_TechnicalArts
12
ALGORAND SMALL PUSH BEFORE BINANCE PURGE?In this ALGO/BTC chart we can see a descending wedge forming and almost completeing. With this hour close if we close outside the wedge we could ALGO take a nice quick pop. In a few of the last patterns we can see on the same low time frame this isnt the first time algo has done this. It runs down and pumps up quite a bit. I think well take a bet it does the same thing again. Ive picked up a small bag and riding it out to my targets of 600 and 650 sats.
Long
by PhilupMyBags