ALGO ready to break long term resistance?Really like the $0.68 area to establish a bullish trend. This blockchain is legit and I have transferred funds with many times. Watch and wait... Small long position that's down from $0.55 and no plans to add
Key stats
ALGO looks to be setting up nicely for another spectacular move.Algorand is setting up nicely within the bull flag pattern it's currently trading in. Compared to many other coveted cryptos, ALGO's gains have been very reserved compared to its structure (maximum supply). I do believe that we are going to see ALGO outperform on the next leg, as it has some catchin
ALGO 4-Hour .. Next Entry hunting between the linesHere's the problem. We have the larger TF indicator swings going in opposite directions.
The 4-hour is Strongly down trending and the Daily is positive and up trending.
The 1-hour has bottomed out and is attempting to push PA for a sideways action.
I have a "Green-Channel" - "Bearish Pennant"
I hav
Algorand disjointed channel
I'm still bearish watching the paint dry but I have missed some good trading opportunities. If the price goes back down, I will probably play this bottom of the disjointed channel and hope for a breakout hire. I'm not 100% at that level, just in case it breaks to the .20 level.
ALGOrand Trending +12% Signals Continued GrowthAfter my earlier post on COINBASE:ALGOUSD strong performance, we are seeing some beautiful trending action in the Algorand markets today.
Algorand was founded in 2017 by Silvio Micali, a computer scientist and professor at the Massachusetts Institute of Technology (MIT).
algorandtechnologi
Algorand Bullish Divergence
Two drives of bullish divergence are playing out on the daily chart for Algorand. This looks like a Higher Low being formed to test the Lower High. The bullish trend is waiting for the trendline to break to one side and is leaning toward the upside.
ALGOrand Action ContinuesToday we see some action in the COINBASE:ALGOUSD market that started a few hours back. There looks to be still positive entry opportunities here for continued growth.
algorand.co
What is happening with the project?
"Algorand is an energy-efficient, quantum-secure, single-layer blockchain with
BUY LIMIT ALGOUSDT* FVG fill
* Re-test multible trendline retests
*Fib completion
*Support
*Higher High, Higher Low
Algorand swing trade long setupAlgo swing trade
Algorand possible move of AB=CD
Buy from 0.437 to 0.401
SL 0.270
TP 1: 0.534
Tp 2: 0.594
Tp 3: 0.780
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