ALGOEUR - back to monthly resistance Try to long as close as possible to daily support.
Entry: 0.787-0.743
Stoploss: 0.716
Target: 1tp: 0.977 2tp: 1.145 ...
Good luck and dont go full retarded :)
ALGOEUR trade ideas
Algorand Breakout Idea/predictionsPosting this for fun based on the other altcoin breakouts from the .786 fibs based on the prev ATH's. Let's see if the moves compare. Taking it to the full fib extension would be at around 5.30 USD, this is the EUR chart :)
I am long ALGO and have been holding since 0.50, let's see how far it can go, the product is also fundamentally strong and the chart looks very bullish as well.
Not financial ADVISE.
ALGO-USD formed BULLISH TWEEZER PATTERNThe bullish tweezer pattern is a pattern where two candles form an identical size and shape. As you can see, this has formed on the one day candlestick chart. This gives a strong insight of a bullish sentiment in the ALGO market in the coming days.
I do not recommend ALGO at the moment since I find it slightly overpriced. On the other hand, the company has provided amazing projects with sustainable energy projects, which allows for huge growth in the coin’s price in the future.
ALGO egg hatching for easterAlgo looks set to break through either today or tomorrow. Please note that my charts are in euros. Once it does breakthrough we will flow in between €1.14 and €1.34. Good luck trading and please do your own analysis before buying anything.
Also please note, if it does not break through this weekend we could face a very bearish scenario!
ALGO bouncing and heading back upHi guys. I haven’t posted in a bit since last time I was terribly wrong about the BTC direction in my last post. I took my time to reflect on how and why I missed out on the bearish signals that caused BTC to crash. I also sold all my BTC yesterday, it seems too unstable atm.
Here’s my ALGO prediction for now. ALGO went down quite deep to €1, but is now working its way back up. EMA cross just happened, market cipher indicates LONG signal and the RSI divergence is looking good too. For me that’s a confirmation of the bounce and I’m hoping to reach my target €1.16 in a few days. If it does not hold however (which seems very unlikely at this point) it may fall to €0.95 in the coming days. Good luck trading everyone, and please do your own analysis before following up on someone else’s.
ALGO, the silent mover, has a lot of room to go UPBeen following this for some time now, and, I think ALGO will surprise us really a lot, its been slowly and steadily building up its bases, this is to be a healthy indication, not some crazy pump and dumps with high volatility, but steady growth from the start indicates strong coin. Targets are in sight. I am a noob trader, so please, this is not financial advice, this is just my theory and practice.
Invest at your own risk, and follow your gut feeling.
ALGO prepares for run. Target 0.45 EURALGO is at a very good place for swing trade long. It already broke out of Daily high after good consolidation.
Wait for pull and be ready to long it.
Entry: ~0.32 EUR
Target: 0.45 EUR
SL: Based on your risk profile
GL with trading!
Let's hope BTC to not drop like a rock and stops ALGO party :)
