ALGO incomingIs anyone else getting involved in ALGO right now. I think its perfect for long and short term investments
ALGO to the bottomPotential that this is a support level for ALGO.
- Appears oversold on both weekly and daily Stochastic RSI charts.
- bottom of a downward channel
However
- its already broken a previous long term support and the next 'obvious' one is quite far down , the previous All time low. I think if it hit
ETH all time - ALTs will follow...On the Daily - Obvious reverse signal here - give it 5 - 10 days and ALGO with be ATH.
Algo pump?In the previous ascending triangle ALGO fell beneath only to then push back through resistance. Could this be the case again in the next few days?
Downward trend predictionAs the chart shows, this is how I think the price of Algorand will roughly play out in the coming weeks. I think it is more likely that the ascending channel will conclude with the downward trend being resumed contrary to popular belief. That being said, there is always a chance the price does go to
Hei, what do you think of my chart haha, please like for repI will like your post back :) lets get them reputation points up :)
ALGO USD/GBP LONG interesting-Volume increase
-RSI divergence (BIG)
-Reverse head and shoulders
-Watch for key price break through
-Profit at levels shown or how you wish ;)
PLEASE SHARE YOUR THOUGHTS!
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.