ALGO/BTC Yesterday Chart Update AnalysisRequest of many Followers:-
#ALGO/BTC Trade Analysis Yesterday Update :-
#ALGO/BTC currently trading at 1970 Satoshi
And very near of Strong support level.
And Good bounce from 1900 Satoshi level.
And now trading above 1900 Satoshi support level.
So I am adding some #ALGO/BTC here.
Entry:- 1900-2020 Satoshi ( both filled)
Targets:- 2982/3632/4224/5368 sat
Stop Loss:- Below red line Exit
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ALGBTC trade ideas
ALGO/BTC Technically 200% Potential from here#ALGO/BTC Trade Analysis:-
#ALGO/BTC currently trading at $2014 Satoshi
And very near of Strong support level.
So we can buy here.
I am buying some hereZ
Entry:- 1900-2020 Satoshi
Targets:- 2982/3632/4224/5368 sat
Stop Loss:- Below red line Exit
Please click LIKe button and Appreciate my hard work.
Must follow me for latest crypto real-time updates.
Thank you.
AlgobtcAlgrand seems to be in a repetitive cycle up and down and according to previous corrections after this correction can experience a good grow
Ichimoko looks good and RSI show that it is a good time to see next rally
Macd is getting strong
It is a short midterm chart
Do your own research ,have an strategy for your trade
Set stop loss
Algorand (ALGO) Correction Is Over, Going Back Up!We have multiple signals that are telling us that this correction that ALGOBTC has been going through is now over.
1) We can see prices bouncing right at the 0.786 Fib. retracement level relative to the last bullish wave.
2) We have really high volume on today's candle which...
3) Is now trading above EMA10 all the way to EMA200.
4) This Is supported by a strong RSI (above 50).
5) It is moving up today as Bitcoin drops.
The altcoins are growing and continue to grow, this time around even while Bitcoin enters correction mode.
Enjoy the profits.
Additional details on the chart.
Thanks a lot for your continued support.
Namaste.
ALGO-BTCGreetings,
I want to warn you right away that trading bitcoin now has a higher risk and is suitable for more experienced traders. As bitcoin price has its own volatility, and as you know with sharp movements whether it is rise or fall, alts in 90% of cases are falling down. So if you have little experience trade better to the dollar. The coin is available for trading to USDT on binance, OKEX and other exchanges.
You can read my past ideas for this coin below, in the attached ideas.
After the rise at the beginning of the year ALGO corrected 55% or 0.786 Fibonacci, and I think it is ready to go further and below I will give some arguments why I think so.
The coin is in sideways movement, a horizontal channel has formed, sometimes broken both up and down, but the outlines of the channel can be defined quite clearly.
At the moment, the price has approached its lower boundary. If it is broken down and secured inside the channel, it is very likely that the price will test its upper boundary at around 75% of the potential for a move.
Fractal
All trading is based on probability of price movement in the past and forecast of price movement repetition in the future.
Found an interesting situation on the chart, with a possible fractal now possibly forming on the chart.
The price moved on a downward arc, then the accumulation, only in the first case the accumulation was horizontal, in the second case it was inclined upwards, then the fall and pullback, in the first case it was about 45% now about 55%. Also we can see a stop pullout in the first case before the continuation of growth, now we can also see the same short squeeze.
After the pullback - continuation of growth, and formation of diverging triangle/ wedge, and completion of the bowl formation.
In the past, the price stopped at 5700 satoshi, thus forming Lower High from the last price peak, through them we will draw a trend line, which will be a resistance for the upside movement, near which we are likely to see a pro-trading (short-term sideways trend). A breakout and consolidation above the trend line will be an optimistic signal for continuation of growth. With this development on the chart, the potential for a price move through the levels.
If the bowl pattern is formed this time, the potential for it to work out at around 400%, from the neckline, which means a price of a fantastic 30,000 satoshi. But let's act like professionals and take profits without waiting for "to the moon"
Always use stop loss and don't use trading leverage higher than x3.
A trader should always have tomorrow.
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$ALGO/BTC 2D (Binance Spot) Ascending channel on supportAlgorand seems to have retraced enough from last spike, I think It's time to enter a swing!
Current Price= 0.00001943
Buy Entry= 0.00001956 - 0.00001818
Take Profit= 0.00002618 | 0.00003956 | 0.00004992
Stop Loss= 0.00001399
Risk/Reward= 1:1.5 | 1:4.24 | 1:6.36
Expected Profit= +38.74% | +109.64% | +164.55%
Possible Loss= -25.86%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 3 months
190% for ALGO mappedYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
********************************************CHECK MY LATEST ANALYSIS DOWN BELOW********************************************
ALGO - K.I.S.S method -LONGThe KISS method (Keep It Simple Stupid) uses a maximum of 3 tools but I try to keep it limited to 1-2.
Algo recently broke out and has completed retracement, RSI pointing to more upside now. I love this project for the long term and will use the pullbacks to accumulate as much as possible.
Entry- 2100 sats
PT 1 3800 sats
pt 2 4800 sats
Again, new to posting my ideas so please leave a like and comment!
(As always this is not financial advice, I am poor and you will be too if you listen t😉 me)
ALGO slowly going upYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :)
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
If u like the analysis, please feel free to ask any question about this TA or crypto or any coin - leave a comment or like or share the idea, i really appreciate it because then my work makes sense :) thanks!
ALGO long termYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :)
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
If u like the analysis, please feel free to ask any question about this TA or crypto or any coin - leave a comment or like or share the idea, i really appreciate it because then my work makes sense :) thanks!
ALGO = great opportunityThis is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here personal message, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
If u like the analysis, please leave a comment or like, i really appreciate it because then my work makes sense :) thanks!
ALGORAND ABOUT TO BROKE THE TRENDLINE !! ıt seems that bitcoin has done a healthy correction and start to move to 73k.
So it will allow moving altcoins. Algo about the be one of the first ones to go moon!
get in when the trendline broke and tested!
If it will get a cup then it will have a second target which you can see on the graph.