ALGOBTC trade ideas
$ALGO, Crossed and retesting descending trendline $ALGO
Crossed and retesting descending trendline on a similar setup to many other altcoins prior start pushing up..
Volume also rising while UCTS indicator is showing buy signals across all lower timeframes..
Let see if it can get traction once #BTC chills a little
#ALGO
ALGO/BTCClear confirmed bullish divergence on daily timeframe. Its day will come soon. Targets are black lines
Note: If you like the content and the setup, please give me a follow not to miss out on many altcoins charts to come.
ALGOBTC - Long - Potential 9.85%ALGOBTC - Long - Potential 9.85%
Entry- 1724
TP1- 1806
TP2- 1890
SL- 1598
- MANAGE TRADE- BTC VOLATILITY
- RR - 1.35
- Trailing Buy - 0.5%
- Trailing Profit - 1%
- Trailing Stop-Loss - No
WAITING LITTLE CORRECTIONAlgo tried to test the support 4th times and couldn't be successful to break it.
KEY AREA TO RECLAIM FOR ALGOI want to see this key blue area reclaim as a reverse sign, close and consolidation above, and I will be aiming for those objectives. Shared weeks ago both BTC and USDT pairs for algo and both going smoothly, take a look for my bigger picture if interested.
$ALGO, Feeling it could be one of those Alts that is lagging...$ALGO
Feeling it could be one of those Alts that is lagging behind...
Formed a falling wedge / Break out & tested
Lot of room to recover from here if its gets traction (Eventually it will...)
#ALGO
Algorand ALGOALGO/BTC formed a falling wedge
Break out and tested
Interesting formation in candlestick analysis
Best regards EXCAVO
Here I go short on Algorand and ALGO will go downHere I go short on Algorand and Algorand will go down. The price is testing the major support, so now I go 5x short and the bearish breakout will start. And Algorand will go down. See you down there
$ALGO, Retesting ATL support level around ~2200sats$ALGO
Retesting ATL support level around ~2200sats
Wondering if it will bounce similar to all prior interactions since '19.
Not interested until I see true reversal signals tho!
#ALGO
LOW SWEEP NEXT?I'll be looking to buy if we get a sweep and recover the range, for now bearish pattern in 4h pushing price down, 14-12k sats main objective.
Algo/BTC Bearish Continuations? (Oct 27th-Dec 10th 2020)Algorand/Bitcoin rate (October 27th through December 10th 2020)
Low: 0.00000339-0.00001001 ALGO/BTC
High: 0.00002251 ALGO/BTC
Thanks for tuning in :) Disclaimer, I am not responsible for any losses incurred while attempting to use my data, I hope this can prove to be some sort of learning tool for some and give insight as to how I personally come up with my own numbers. Take into full consideration this could be a completely bad forecast. Cheers
ALGO CAN MAKE THE JUMPFor information on BTC volatility follow our BTC ROADMAP chart.
Libertas Aequitas Veritas.
ALGO/BTC (3rd Test at Key Level Support)💎Technical Analysis Summary💎
BINANCE: ALGOBTC
-Algorand is back trading around the key level of support
-Well, this is still good because the Bull defended this zone again
-But the fight is not yet over until the downward trendline is broken upward
-Yes, you can buy at key level but tight stop loss
-Or, wait for the trendline breakout to confirm that the trend will start to reverse
-Upside potential is up to 4000s sat area or higher
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Nice Buy Opportunity ❕ After a Sharp Correction Now We Are Reached To The Main Support ,It’s End Of The Waves 5 That Including Three Important Fibonacci Levels ,Nice Buy Opportunity
✅ Targets On The Chart
🔴 Stop loss zone : 2380 ~ 2360
