ALGOUSD.P trade ideas
THE GOLDEN NFT COIN ALGO CAN BECOME NO 1 NFT COIN - HUGE EXPECTIHello trading friends,
Know that Algo can go above all our expecting targets, we don't just change our profile picture for this coin, there are huge NFT NEWS coming, we did talk also with the team of ALGO, seems great updates on the way. we expect also depending on more things a great increase for the next coming time.
# its possible that ALGO can become the NO 1 Worldwide NFT coin with a great CEO and team.
i expect we can see soon a huge breakout on ALGO for the real moon target.
Our 2.50 target can be only the start
# we expect this are only the dip buys before we will enter to above 2 usd + with whale trend.
Discipline is the key to success - Take profit - Learn from your mistakes and never give up!
The reason 1 that 90% of traders lose, not because they can't trade, but because they trade emotionally.
if this appeals to you then learn yourself first before starting with trading.
#Always do your own research don't follow us or someone else blindly * this is not an advice
---> Have a great day
ALGO Drop Holds TrendlineHrm. Identifying range values for accumulation but otherwise chillin on this one. Need more time.
ALGO.X: Possible Cup-and-Handle formingAlgo has all we need for a currency. It worth more than a dollar already but should worth 5 times more. There is going to be a little dip in the short term but long term, Algo will worth 5 dollars. Watch for this handle forming within the next month, and then there is the moon.
PUMPS AND DUMPSIs every pump followed by a dump? IDK but tell me what you think.
Not financial advice =)
History doesn't repeat, but it rhymesA little Saturday afternoon Hopium.
The last 2 cycles for Algorand saw 650% and 730% rises, followed by a 70% and 55% fall.
If we take both of these cycles and extrapolate – we're looking at a $6.40 price target near the end of June with a likely correction trough July down to $2.55 after.
Just gotta zoom out sometimes.
ALGO taking offALGO had pushed up into the larger ellipse shown. If the current daily candle closes above that lower boundary, I expect either a parabolic run, or a bounce up the bigger ellipse. Could also see it drop under the bigger ellipse and bounce between it’s lower border and the ellipse drawn below it.
Algo ATH Break threw soon.Algo have been breaking all resistant's. Almost breaking the last one. Coin have a 6%-10% stake on dif exchanges. Gain Algo while holding. Continue to monitor this coin. Follow me for daily analysis.
Algo: With a MicroscopeJust an update on a previous idea... seems be be playing out so, I would personal like to set longs with tight stop losses. Not Financial Advice... Cheers!
10X Before Next Staking Rewards DistributionInteresting pattern tied to the dates of the staking rewards distribution
Could we see a 10X run up starting in July before the September 1 staking rewards distribution?
ALGO Rising Wedge?Just considering this scenario. I'm not so sure I am looking at this the right way but what do yall think?
Possible ALGO price actionThis is where I'm guessing ALGO is going. I'm waiting for the MACD to break upwards or at least go flat. THIS IS NOT FINANCIAL ADVICE!
My Two Favorite Love Coins $ALGO and $ADA Continuing to follow around these guys like the poparazzi $ALGO vs $ADA
Algo: Testing IncomingIf you don't think this thing will at least retest previous all time highs you're crazy! Not financial advice... Cheers!
ALGO Long Position We can clearly see a rising wedge I used this wedge quite a lot.
I have stop loss below the support trend.
That should be a possible swing option.
ALGO getting ready for takeoff?I’m long term HODL on AlGO, so will probably pick ip some more if/when it visits the green dash. If it hits the yellow price points, I’ll probably also pick up some more, but will be watching the price action to see if it makes more sense to wait for a bigger dip. For instance, if it starts headed to the red dashed level down the inside of one of the smaller ellipses, it might not be quite ready to blast off up the bigger green slope.
Anyone else out there use ellipses for analysis? Still discovering the effectiveness and drawbacks myself, but still finding it fascinating. It’s been helping me figure our good TP and buy levels, but not perfectly, and it doesn’t help with knowing if/when a high volume event will cause an abrupt break out of an ellipse to the up/downside. Still looking to other indicators for that.
