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ALGOUSD trade ideas

ALGOUSD D2: 500%+ gains THE BEST Level to BUY/HOLD (SL/TP)(NEW)Why get subbed to me on Tradingview? -TOP author on TradingView -2000+ ideas published -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -before/after analysis -24/7 uptime so constant updates IMPORTANT NOTE: If you want to request analysis via DM you have to SUPPORT MY IDEAS FIRST - LIKE/COMMENT. Otherwise don't waste my time. 🎁Please hit the like button and 🎁Leave a comment to support our team! ALGOUSD D2: 500%+ gains THE BEST Level to BUY/HOLD (SL/TP)(NEW) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. 🔸 Summary and potential trade setup ::: ALGOUSD D2 chart review ::: chart looks good /strong ::: setup still valid as of right now ::: noteworthy compression in progress ::: expecting one final pullback soon ::: get ready to BUY LOW later ::: best reload bulls near 60C later ::: expecting 500% bull run ::: re-test of sliding S/R line ::: near 3.50 USD later ::: BULLS stay out be ready later ::: expecting short-term pullback ::: BULLS get ready to BUY after pullback ::: TP bulls is +500% gains later ::: expecting decent gains soon ::: 30-45% pullback short-term ::: recommended strategy: BUY/HOLD after pullback ::: TP BULLS +500% gains / 3.60 USD ::: BEST reload BULLS near 60C ::: TP BULLS is 3.60 USD+ final exit ::: SWING TRADE: BUY/HOLD IT ::: bull run not over yet ::: good luck traders! ::: BUY/HOLD and get paid. period. 🔸 Supply/Demand Zones ::: N/A ::: N/A 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment mid-term: BULLS ::: Sentiment short-term: BEARS/PULLBACK RISK DISCLAIMER: Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
BINANCE:ALGOUSDLong
by ProjectSyndicate
6
ALGO - STILL IN A FALLING WEDGE! What's Happening Next?Happy Icy Texas Friday, Traders! Hope you find value from this post. If you did, pls like and consider following. Here's a trading idea. But firstly... ============================== Quick Disclaimer: Trade at your own risk. This post/chart is for your reference only, it is not intended as a recommendation, nor is it an advice to sell nor buy this crypto asset, nor to place any trade. Trading poses a risk of losing some or all of your money and it will be your responsibility if you lose money. I am not trading this asset but TA on this asset has been requested, so it is my pleasure to present my views on this ALGO /USD pair. ============================== ALGO continues to be pushed downwards as the Bears continue to feast. ALGO dipped down to the Blue Support Bar and has now pulled back. ALGO continues to be in a Falling Wedge and if ALGO keeps dropping the next level to watch out for is the 84% Fib @ $0.9436 with a confluence support by the Green Extended Support Trend Line. Further push of price down could bring ALGO out of the wedge towards the 100% Fib level at $0.6702 - an area of key support. If ALGO bounces from the Blue Horizontal Bar, the next level to watch out for is again the 21MA and the Red Resistance Trend Line above. MACD: If ALGO manages to keep its level above 0.1217 then it will maintain its Bullish Divergence against the price action. Stoch RSI (1Wk TF): Take note that the setting on this chart for Stoch RSI is set on the 1Wk Time Frame. Stoch RSI on this chart has crossed bearish and about to cross the 20 Level towards the Oversold Region. A conservative trader like me would consider price going above the 12MA or even the 21MA and above all resistances prior to entering a long position. Price action is KING! Always remember to place your Stop Loss. Patience and Discipline are KEYS to a successful trade. Trading is both a Science and an Art. Develop an intuition and listen to your instinct while following the rules putting emotions aside. If you have not yet developed it, you will develop this as long as you stay consistent with following the rules. The skills will become second nature to you much like how you acquire the skill in riding a bicycle. Soon it will be your subconscious running your trades, again, much like when riding a bicycle the balancing is controlled by the subconscious part of your brain. Be PERSISTENT and stay PERSISTENT. Let me know what asset you wish for me to look at and evaluate for potential long set ups and I will post it here on TradingView. If you found value from this post, consider giving it a like and subscribe. Furthermore, share it with someone you know will benefit from this. More power to all your trades, my friends! Ron Intrepid_Trader
COINBASE:ALGOUSD
by RSibayan
7
ALGO - Touched Golden Pocket! What next?Happy Taco Tuesday, Traders! Hope you find value from this post. If you did, pls like and consider following. Here's a trading idea. But firstly... ============================== Quick Disclaimer: Trade at your own risk. This post/chart is for your reference only, it is not intended as a recommendation, nor is it an advice to sell nor buy this crypto asset, nor to place any trade. Trading poses a risk of losing some or all of your money and it will be your responsibility if you lose money. ============================== ALGO could be creating a Bullish Double Bottom Pattern, but only a rebound will confirm that. Falling further past the Green Support Bar could take ALGO down towards the next Fib Level @ 78.6% $1.0566. A push upwards past the Pink Resistance Trend Line and going above the 21MA could bring ALGO towards 1.5377 Blue Bar, then up towards the Red Resistance Trend Line. MACD: Potential Bullish Divergence forming Stoch RSI: Oversold Region, Potential Bullish Divergence forming Always remember to place your Stop Loss. Price action is KING! More power to all your trades, my friends! Ron Intrepid_Trader
COINBASE:ALGOUSD
by RSibayan
ALGOUSD has bottomed. Next High at $4.00.Algorand's price action has been very straightforward since the start of 2020, as it has been trading within a long-term Channel Up. Every Higher High follows a +0.236, +0.786 +1.0 sequence on the Fibonacci scale and every Bottom is made on the second low following the correction and a Triple Bottom on the 1D RSI (green shape). If this pattern continues, then ALGO should currently be on its bottom as it is the second low leg since the correction (could be even the third if we count December 04). That makes it a strong buy opportunity on the current levels. A 1D MA50/MA100 Bullish Cross should come as confirmation of the rally but the accumulation process has already started. Based on the Fibonacci sequence of Higher Highs, the next High should be on the 2.236 Fib extension i.e. somewhere around $4.00. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
BINANCE:ALGOUSDLong
by TradingShot
10
ALGO 12 JAN REBAG SPOT #KetagihanCuanCryptoHi there, it will possibly come, lm waiting *long position* on ALGO , type: swing / SPOT ⚠️ Entry position 1 : 1.3793 ⚠️ Entry position 2 : 1.3542 🚀 Take Profit 1 : 1.551 🚀 Take Profit 2 : 1.66 🆘StopLoss/Average: wait n see Validity signal : 48 hours. My rules on trading: You can also read my chart on those line, orange as entri, green as take profit, and red as stoploss/average . IF you are using 20x leverage, and if it get 40% profit, i usually take profit 50% and move SL higher. ,Money management: 2-5% of total margin You still can lose ur money if u use my signal Regard, Ade HP ketagihancuantrading
FTX:ALGOPERPLong
by AdeHP