ALGOUSDT - PUMP comingALGO is breaking out of this descending trendline... all im waiting for now is a break above this strong level of horizontal resistance ! If we see a break we will take this long.
ALGOUSD.P trade ideas
ALGOlove this set up higher lows with selling pressure decreasing....I think we break this resistance and head towards $1.6 once BTC gets going again
hitting a major line of resistance at $1.15This line of resistance (and support) has been around since early February, and can be seen as a point of tension a few days ago on March 3rd and 4th acting as resistance, then support, then resistance again before the market bombed and we tested our long trendline from December.
I'm expecting ALGO to bounce off this line tomorrow, re-test the long support line, and then finally push though and bounce between $1.23 and $1.15 for a while until the long trend pushes us up mid-month
Fighting small patternsAlgo is having a tough time breaking through these small pattern resistances on the hourly. No doubt, if it prints green over this resistance and turns it into support, it will jump.
Not financial advice.
You feeling the hype?Lot of internet personalities are pushing "to the moon" hype. Are you feeling it? Personally, I look at past trends.
Looks like we'll find soon.
Algo ready for liftoffAlgo is showing many bullish signs. The most impressive sign is the weekly bullish div. I expect Algo to breakout any day now. Target is $2.00+.
$ALGONext mover imo will be here. Nice wedge setting up, will have to see the direction of the break, but imo should be to the upside
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ALGO continues correction waveFib channel pointing at next low and when to expect it?
3/2/21 - $.56 to $.52. This price will probably not hit exactly on. I plan to put in a few buys a little above this number.
I find a lot of people who share their charts focus to heavily on smaller scales and never look at the Day, Week, or Month. The larger scales serve as a road map of where price is heading. Start in the larger scales and work your way down to the scale you like trading in. I.e. "Bitcoin going to the moon this year!" charts. Really what does the historic patter show? Impulse waves and correction waves even at the larger scales. Happy trading.
*My opinions for the purpose of pattern analysis. This is not financial or trading advice. Use your own best judgement.
ALGO haven't been in a bull market until now!BULLISH DURING ALTSEASON!!! Here is why:
1. Looking at the Total market structure, we see an uptrend of high highs and higher lows!
2. Volume is picking up big time!
3. Stoch RSI cross. Everytime it crosses, we see an an uptrend!
4. ALGO can be bought in the most popular exchange (Coinbase)
5. Gives users 6.00% APY compared to avg banks that gives you 0.01% lol!
6. Medium size Market Cap coin, better chance of multiplying compared to the higher market cap coins.
7. ALGO never been in a bull cycle. This makes me even more bullish!
I am LONGing this opportunity!!
ALGOUSDT - breakout ALGO is about to test this downtrend correction trendline, if we see a confirmed break above the previous high and a new higher high form from a 4hr perspective we will take a long.
ALGO updateAlgo has respected its major trend resistance for quite some time now.
We can see price get rejected at the 1.09 resistance cluster, which indicates a potential double top.
If the double top is out in play, we can expect to see a price retest to trend support possibly around ($1.40) price level.
Closure above resistance cluster would indicate a possible uptrend to test next resistance levels.
ALGOUSD ://LONG ALL DAYshe needs to hold this level _ i could see here droping into negative cash flow for a bit or bounce strong here. NOT the worst spot to start to establish a position.
she good break and drop to .80s rang_ either way a good spot to start to take a small position if dont already have one and cost average down to the 80s if that breaks whitch wouold mean a blood bath in the markets strong supprot at .50 to .58 range_ ALGO IS FINALY GETTING SOME HYPE AND IS SCALIBLE FOR GOVERMENT STABLE COINS ETC.....
(CHSB_or swiss borg n even possibly cro will be hot next few months leading into the summer. would also get some UNI DOT SNX UMA FTX BNB exsposure if you can afford it _ THE MUST HAVES FOR US R
ALGO_THIS IS IN A LOT OF WAYS THE ONE
ADA
VET_QR CODES no bar codes with blockchain backing support for this supply chain concept.
ETH_gas bill passed and will be in action soon. IE burning eth and preping the process to start the push to eth layer 2.0
CEL_husge partnerships etc in the works_unbank ur self and get with the celcius platform to earn passive safe income
BTC_big papa _this is why we do this do not get lost to this_goal is to make money to hodl btc some eth n key projects _BUT IN THE END THIS IS WHAT MATTERS SO NEVER FORGET THIS
ZKS_or some layer tWo option like _MATIC
these r all very easy to stake and earn
i am personaly a fan of _TRUSTSWAP pear to pear way to trade each other crypto among other options to envest early in projects.
_SUSHI (OMG I HATE THIS NAME) is becoming the cross chain liquidity go to_with the earn team launching there ecosystem this will only get stronger with a possible buy opp coming up in low teens
MATIC AVALANCH ZKS R BIG N NEED TO BE LOOKED INTO IF YOU ALL HAVE THE TIME AND INTEREST IN THIS ECOSYSTEM_LAYER 2 MAN N SO MUCH MORE.
NO SPELL CHECK N GOTS TO RUN BUTTT SOOO MUCH MORE IN THE WORKS SO THANK U ALL FOR FOLLOWING
_HGM
Algo/usd In the 5th wave ?Hello Trader's, are we currently in an Elliot wave cycle? and if so could we see a target above 63 cents reached with a pull back to the .61 fib at 44 cents.
Time will tell and as always, trade responsibly.
Precast.
