ALGOUSD trade ideas
ALGO touching support?Thanks to BTC alts are taking hits. BITSTAMP:BTCUSD
But remember the market cap for alts is at an ATH and we have more upside potential.
This is time to break away from correlation and forge a new future for the coins.
Algo has so much potential it would be hard not to pass. We are still bullish, and those low wicks keep getting filled with orders which is a good sign similar to AVAX
I leave this up to your discretion but know it may drop temporarily while BTC lets off some steam. All part of le process.
(Disclaimer not financial advice just my opinion)
algorand wave ideakeeping an eye on this guy. seem s to me there is enough lack of news or hype about a great project to provide the opportunity for positioning early for next wave./
Algo quick in and out?Maybe a bump above resistance and a retest?
A few points and I'm out.
this has been my game with algo over the last few weeks and it has been FIRE!!
ReversalShort-term reversal diamond pattern is possibly forming.
I have an immediate target of 1.30-1.32.
We'll have to see if this finishes filling out first.
Constructive criticism and critiques welcome.
Not advice.
Happy and Prosperous Trading.
algo ideafor some reason algo is struggling to keep up, deaily support is at 1.17 cents . am still long algo but should it close below, that wouls be very bad
Crypto Market & ALGOUSD Technical Analysis & Predictions 3/21/21*DISCLAIMER: I am not a financial advisor and this is not financial advice or a recommendation to buy or sell as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. Affiliate links are also included in this same video description section here and if you decide to support me by using any of them, I may receive a referral bonus or commission.
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Algorand Stays Range BoundI have been buying and selling this guy throughout most of this range. I set alerts when it crosses the median line and sell when it exits the orange line on the high side (or close to it) and buy when it closes in on the bottom orange line. Most things break out of cycle eventually, but this could be a simple play for you crypto traders.
ALGO specifically moves in decent correlation to some crypto but not most. If ALGO is not your cup of tea, there are more cryptos coming up everyday.
Algorand on Healthy uptrend!This is my first post I've ever made on here, so am sure there will be lots of mistakes. I like to call mistakes learning opportunities. IMO Algroand is very undervalued and is not on the radar for most people. The uptrend I've highlighted is looking healthy, and am optimistic for the future for algorand. Just thought id share this.
Thanks
$ALGO Target 1.5872 for 20.18% Or double at .9328$ALGO Target 1.5872 for 20.18%
Or next add level is at .9328
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
algo above 8hr supportalgo still looking solid, only a close below it would make it bearish am long algo, with stop loss. this is not a trading advise just a view from my point.
Algo the fib sun, and fib levels Algorand actually has hit an all time high back in july 6th 2019 at 3.15 which isn't shown on trading view chart for coinbase but it is shown in coin market cap, now why do i mention that? well if we put the 2019 all time high in account we actually see a 3 year old cup playing out now! in 2021 , make sure to adjust your uptrend and retracement fib to the all time high of $3.15 back in 2019 to get more accurate fibs! besides those awesome news it is currently bouncing on the sun fib levels and taking support on the regular fib levels set manually .
