Wait it to buy after breakout Wait it to buy after breakout to reach target of ALGOLongby remarkableMind123666
Bullish wedge on the weeklyRSI neutral and MACD sell pressure weakening. Good entry point here with btc and eth sideways and alts risingLongby steinkampc1
Algorand (ALGO) - august 10Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (ALGOUSD 1W Chart) If the price is maintained above the 0.5221395-0.76754798 range, it is expected to create a new wave. (1D chart) If the price is maintained in the 0.65798713-0.92350974 range, it is expected to turn into an uptrend. However, in order to continue the uptrend, it must break out of the downtrend line. If it goes down, you should check to see if it finds support at the 0.52522584-0.65798713 zone. ------------------------------------- (ALGOBTC 1W chart) We are walking sideways in the section 1075 Satoshi-6469 Satoshi. If the price is maintained above the 1970 satoshi-2886 satoshi range, it is expected to turn into an upward trend. To continue the uptrend, it must rise above the 4309 Satoshi point. If it rises above the 6469 Satoshi point, it is expected to create a new wave. (1D chart) If it finds support at the 1820 satoshi point and moves above the 2147 satoshi point, I would expect it to turn into an uptrend. If the volume profile section spanning the 2452 Satoshi-2886 Satoshi section is exceeded upward, it is expected to continue the upward trend. If it falls from the 1820 Satoshi point, it may enter the mid- to long-term investment area, so careful trading is required. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** See support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. Explanation of abbreviations displayed in the chart R: A point or section of resistance that requires a response to preserve profits. S-L: Stop Loss point or section S: A point or section where you can buy to make a profit as a support point or section. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day. G1 : Closing price when closed G2: Opening price (Example) Gap (G1-G2) by readCrypto1111
ALGO - Wait For The Trigger!Hello everyone, if you like the idea, do not forget to support with a like and follow. ALGO is sitting around strong support in green so we will be looking for buy setups. on H4: ALGO formed an inverse head and shoulders pattern but it is not ready to go yet. Before we buy, we want the buyers to prove that they are taking over again. You don't want to buy a bearish market right? Trigger => Waiting for a momentum candle close above the gray neckline to buy. Meanwhile, until the buy is activated, ALGO would be overall bearish can still trade lower. Good luck! All Strategies Are Good; If Managed Properly! ~RichLongby TheSignalyst474743
ALGO Will this support holdAlgo has found a nice support at this channel base. IF it loops under this channel find a nice buy zone for the bounce back upby EMC2PRoPheT2
Algorand (ALGO)My thoughts on the path for the next few weeks. A shift in sentiment will change this significantly, but as it stands I could see this as bitcoin improves. I find Algorand very easy to use, I like the team. I really like the project, I just wish they did more on the marketing side.Longby CryptoMitchX116
ALGOBeen a little sick this week. But I'm still thinking ALGO has a move coming..Longby Big_Mike716335
ALGOI would say without any EW this looks like an IH&S pattern forming on the USD pairs with an upside target of $1.10- $1.17. It won't be easy but I feel $ALGO is lagging vs the BTC pair on the daily chart. So my analysis is pointing us towards a larger move to the upside here very soon. We went long in my group at .82-.84c. Longby Big_Mike716667
ALGO - Wait For The Trigger!Hello everyone, if you like the idea, do not forget to support with a like and follow. ALGO is sitting around strong support in green so we will be looking for buy setups. Before we buy, we want the buyers to prove that they are taking over again. You don't want to buy a bearish market right? on H4: ALGO is formed an inverse head and shoulders pattern but it is not ready to go yet. Trigger => Waiting for the right shoulder to form and then buy after a momentum candle close above the gray neckline. Meanwhile, until the buy is activated, ALGO would be overall bearish can still trade lower. Good luck! All Strategies Are Good; If Managed Properly! ~RichLongby TheSignalyst383848
ALGO .20 cents by next FebuaryThis is just a prediction. who knows what and when things will move.Shortby Druidboy260441
ALGO - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow. ALGO is sitting around strong support in green so we will be looking for buy setups. Before we buy, we want the buyers to prove that they are taking over again. You don't want to buy a bearish market right? on H4: ALGO is forming an inverse head and shoulders pattern but it is still an idea. so we are waiting for the right shoulder to form to consider it valid. (projection in purple) Trigger => Waiting for the right shoulder to form and then buy after a momentum candle close above the gray neckline. Meanwhile, until the buy is activated, ALGO would be overall bearish can still trade lower. Good luck! All Strategies Are Good; If Managed Properly! ~RichLongby TheSignalyst232333
Spotting a ReversalAs you see we we're in a Uptrend, creating Higher Highs & Higher Lows. Then towards the end of the trend you see we tried to create another HH but were unable too, this is a great indicator that a reversal may play out. I labeled the Retest, then placed a Trade there as we hit our lower resistance mark & got a Winning Trade. If you do your own Research & put together a Trading Strategy, you can become Successful. by Kyle_Kinnaird1
ALGO hit support Triple bottom forming? The pattern looks good, many buyers at these discount prices. If algo jumps we might all be wearing red bottoms. Looks like we are in for a possible reversal where the bulls should take over in the coming days. Algo staking is nice, might open a small leveraged position however. Good luck (disclaimer not financial advice) Longby jackohgorman113
ALGO breaking outALGO is breaking its long-term downtrend line and resistance. RSI is also breaking resistance line and MACD crossover happening on the daily. Initial target would be the 0.93 range but we could see higher in the longer term. by Drewsified4
Next Local Top AnalysisBased on the last 5 months, measuring from the local bottom to the local top, I've drawn the purple box as a target area for the next three weeks. All 5 of the last month's lines are there in white, to see historically what has happened. The month of July had to smallest and slowest increase, which really addded a lot of body to the target box. The yellow circle is where I expect the next local bottom to be, after a great increase in price, and the inevitable correction afterward. Algorand is the blockchain that will propel the world into web3, FutureFi, DeFi, or whatever else they're calling it these days. It has been in operation for 2 full years with zero downtime, the only blockchain that can say that (so far). Longby FOMORON2
ALG/USD: Consolidation.Consolidation has been broken downwards with the minimum target level around 0.6595. Most altcoins are declining more actively than bitcoin: Bearish signal for altcoins.Shortby GeliumUpdated 0
Algorand | Wait for 50 centCOINBASE:ALGOUSD If Bitcoin continues to drop (which is likely), I think the safest way to trade Algorand is to wait for the 50 cent level. It might not drop that low, but if it does, there is a high chance to see a proper bounce off this level. Be patient and stay safe.by Steppe57111
Algorand (ALGO) - July 18Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (ALGOUSD 1W Chart) If the price holds above the 0.76754798 point, we expect the uptrend to continue. (1D chart) If the price is maintained in the 0.65798713-0.92350974 range, it is expected to turn into an upward trend. If it falls in the range of 0.52522584-0.65798713, there is a possibility of entering the mid- to long-term investment area, so careful trading is required. A move above the 0.92350974 point would suggest a move to break above the downtrend line. ------------------------------------- (ALGOBTC 1W chart) If it rises in the sideways section of 1075 Satoshi-4309 Satoshi, it is expected to create a new wave. (1D chart) If the price is maintained in the 2374 Satoshi-2792 Satoshi section, it is expected that the upward trend will continue. If it falls from the 2374 satoshi point, it can touch the 1747 satoshi-1956 satoshi section, so Stop Loss is necessary to preserve profit and loss. However, since it will be located within the section that previously showed the volatility of the 716 Satoshi-3888 Satoshi section, you need to think about how to set up a buying opportunity. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly as price and volume move. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** See support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. Explanation of abbreviations displayed in the chart R: A point or section of resistance that requires a response to preserve profits. S-L : Stop Loss point or section S: A point or section where you can buy to make a profit as a support point or section (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day. G1 : Closing price when closed G2: Opening price (Example) Gap (G1-G2) by readCrypto6
Algorand looking for a Green FridayThis is the 1 hr chart & as you see here we are coming off a nice Bull run since the 22nd. Using the Fib Retracement tool, it indicates we may see some big movement coming. Typically what happens once you hit the .618 line it's followed by a nice Bullish push in this case upwards of .90+ as we move through Friday morning. We are also in a wedge pattern as we have already completed 4 out of the 5 Elliott wave points, so the next time we cross over a resistance it should indicate which direction we are headed. We very well could hit a bearish reversal & be on our way back down to .79 & see a bit of consolidation. Longby Kyle_Kinnaird1
ALGOUSD - Update on potential Capitulation OpportunitiesI'd previously seen 40 cents as a big opportunity for ALGOUSD, and I still do see it that way. I've been able to find some sort of confluence at all levels of interesting support in my view for algo. 40 cents, 26 cents, and 17 cents. Details in the chart. Gotta' run for now. Thanks!by Dawnchorus444
Tell me I'm wrong. Conservative short target. Dump is declining in scale, have divided by 1.7469. Closest I could be bothered with at 3am. Shortby 1emibiasUpdated 0