ALGO/BTCALGO awaits defeat.
With the failure of the pattern and passing the downward trend, the upward movement to the first target begins.
Monitor it.
ALGBTC trade ideas
ALGOBTC Ascending TriangleALGO consolidating under resistance @ 240 sats . Ascending triangle is looking juicy and ready to pop. Next notable resistance is 310 sats and then 430 sats .
30-80% gain by late May is conservative.
ALGO looks primed for a bullish Q2ALGO has been showing off the power of the Chaos PRZ (4.669 and 8.77 fibs) as a targeting tool since early 2020.
Having successfully navigated the reload zone in March, this is one we've got a position in for what looks like could be a very strong 2nd quarter for altcoins.
The timing of arrival at the. 8.77, as drawn on the chart is arbitrary. The white circle + ? is just there as an illustration!
A mini-tutorial on the Reload Zone (RLZ) and Chaos PRZ can be found here
Reload Zone
youtu.be
Chaos PRZ
youtu.be
ALGOBTC - Daily$ALGO (#ALGOBTC) long set-up
breakout and retest done✅
Looking ready for next legup
Buy the dip and hold
ALGOBTC Algo Making Moves Against BTCAlgo has been in a long downtrend against BTC, which could be part of a large falling wedge pattern. It has posted what seems to be a higher low recently and is currently attempting a retest on the 200EMA on the Daily timeframe. To me these show as Bullish Signals.
Fundamentally, I like ALGO because you can stake it with good returns, I just think it is a good place to store my gains that I am not ready to cash out quite yet. I would be interested in taking on more risk at the 1750 sats and 1000 sats. I would probably start reducing my position at the resistance zone around 4000 sats all the way up to 10,000 sats.
algo btcAlgo has good potential for growth...
trade algo after breaking the trend line...
fallow for free crypto currency Signal
dont forget like and comment.
The responsibility for the trades lies with you
Inverse head and shoulder ALGO/BTCInverse head and shoulder pattern in the 4hour ALGO/BTC chart.
If the neckline breaks I see the price going up about 30% to the 0.618 Fibonacci level.
I expect the breakout in the next 4 days.
ALGOUSDT ://long all day but she looking like she wants to dipalgo looking a bit flaggy as well as a few other main alts.
look to buy dips ya all on
VET
ALGO
ADA
zks zks
cel cel cel
eth eth eth eth
uni looking strong same with snx and buy op for AVAX which is becoming a main HODL for us.
_HGM T3Am
Algorand (ALGO) Moving Back Above EMA50, Next Target!Algorand (ALGOBTC) is now moving back above EMA50 after testing the 0.786 Fib. retracement level as support.
This is a bullish signal.
After the high volume bounce, w can see that consolidation continues to take place.
The support level has been defended at a higher low... Prices can easily jump next.
The next target is marked on the chart with red.
Thanks a lot for reading.
Namaste.
🔥ALGOBTC🔥+70%What is Algorand(ALGO)?
Algorand created the world’s first pure proof-of-stake foundational blockchain designed for the future of finance. Beyond the elementary requirement of an open, public network, Algorand’s technology enables a set of high performing Layer-1 blockchains that provide security, scalability, complete transaction finality, built in privacy, Co-Chains, and advanced smart contracts that are essential in a FutureFi world.
** Do your own research And... never forget... "Buy low, Sell High"!!!
See you Tomorrow!!
Miguel
