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ALGO Perpetual Futures Contract

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ALGOUSD.P trade ideas

MIXED THOUGHTS, WAIT FOR CONFIRMATIONWell, the TA pattern so far indicates that a bull flag has printed in the shape of a DBW (Descending Broadening Wedge), so both a bull flag pattern and a DBW pattern both will produce an bullish outcome MOST of the time...however this time we have the recent drop of a potential correction where LH's and LL's are still being printed. If the overall market pattern changes bullish then my sentiment on the short term for ALGO will turn bullish as well. For now, I am neutral on this one and suggest proceeding with caution whether Bullish OR Bearish. To enter bullish, we need confirmation above the upper TL on this wedge AND bullish market sentiment. To enter short, we probably just need to let this pattern play out until it morphs into a TA pattern with a bearish expected outcome. DYODD. NFA.
BINANCE:ALGOUSD
by MtGoxFX
2
ALGO ON FireLooks like ole Algo is finally doing what it's meant to do in the last year. We needed to break the 1.80 ceilings, and Algo done busted that thing wide open and held it. I believe we will see a small pullback and then a run-up to 3 bucks before the end of the week. My projection is a test of the previous 3.33 level. I expect Algo won't be seeing >1.10 again for a while. Right now I don't have an exit point for Algo, I'm going to let it ride all the way to the moon. I'm just an idiot with a crayon. My opinion is just that an opinion this is not trading advice. COINBASE:ALGOUSD #algo #Algorand
COINBASE:ALGOUSDLong
by Battle-Trading
AlgorandOne more concurent of Polkadot, Solana and Luna. What Is Algorand (ALGO)? Algorand is a self-sustaining, decentralized, blockchain-based network that supports a wide range of applications. These systems are secure, scalable and efficient, all critical properties for effective applications in the real world. Algorand will support computations that require reliable performance guarantees to create new forms of trust. The Algorand mainnet became live in June 2019, and was able to handle almost 1 million transactions per day as of December 2020. ------------------------------------------------------ Trading parts : - Buy 0.98$ - 0.95$ ( Small Buy ) - Rebuy 0.85$ ( Medium Buy) - Rebuy 0.70$ ( Full Buy ) Stop Loss : 0.65$ TP : 1.8$ ( Last ATH for now ) ------------------------------------------------------ Follow TheKing Moves and stay safe! Happy Tr4Ding !
KRAKEN:ALGOUSDLong
by thecryer
8
ALGOUSD is it right time to exit ?Hi, if you are following me you must have seen yesterday i shared algousd analysis in which i market the area where you can take entry you can see after restest we took entries in algo and now we closed all our positions now we will wait for best point to enter again Don't force trades just wait 33%+ Profits is better than nothing you can see only algo recovered that well because second leg was on the cards as e predicted Enjoy profits and give yourself a treat and remember me as well hahhaah just kidding Like and comment below if you took a trade and share you experiences with me because when someone earn from my analysis it makes me happy
KRAKEN:ALGOUSD
by ProfessorMH
12
MY MINIMALIST CHART ANALYSIS 9.6.21 Indicated are key levels of support and resistance using small and large range boxes. Watch out for patterns, EMA, and your Fibs. Further Analysis on price action is required on a 1HR-4HR chart when entering or closing a trade, depending on your risk appetite and trading style. Disclaimer: The findings/predictions of the following analysis are the sole opinions of the publisher of this idea and should not be taken as investment advice.
COINBASE:ALGOUSDLong
by The_Crypto_Samurai
ALGO Up 4.13% from PreliminaryALGO has netted me a 4.13% return in 2 days. This is based on a 1.2351 preliminary entry I took on 9/3. Prognosis: This crypto is moving up the fibs. I expect it to retest the 1.272% Fibonacci before advancing to the next level. *Professional Wyckoffian VSA crypto swing trader (since 2017). I regularly seek out the most lucrative swings on all the major exchanges. All my charts are clean, straightforward, and easy to follow. No junk, no needless indicators, just solid volume spread analysis ( VSA ) and 'take-the-money-and-run' Fibonacci target zones. I go after the runners and big money. My win rates are between 80-85%. Follow me on TradingView and see for yourself. I review over 300 coins & tokens daily and handpick all the runners myself (no bot signals). ** Not financial advice. Trade at your own risk.
COINBASE:ALGOUSDLong
by jalapablo
3
Algo making another attempt to break the triple bottom necklineNot yet fully confident we will close the current candle above the neckline when looking just to the left we can see we’ve already had a few wicks pierce it but no body closes above the grey neckline just yet. Would not surprise me if the current candle will be the one we finally get a candle body close above the neckline on but will leave this neutral now until I have more confirmation to go by. If it follows Ethereum,’s lead here it likely will close some candle bodies above the neckline sooner rather than later. If it does confirm a breakout it looks like we have a target of around 1.60-1.70 *not financial advice*
COINBASE:ALGOUSD
by DrDovetail
2