ALGOUSD trade ideas
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
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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 .
Lines still holding, resistance flipped at .382 fib lineThe upper green line of our end of Feb. support is stall holding strong limiting the tops of these last 2 big runs.
The .382 Fib line at around $1.23 was an upper resistance, but our last little dip just bounced off it.
Algo T2Algo, target 1 hit, moving towards 2. For this I decided to use an oldy but goody. Cup and handle. Perfect formation, should move up the height of the cup (around 13%) from the start of the handle. Let's aim for 1.5.
Algorand, My Humble Prediction. Seems like ALGO is following the trendline established from the beginning of the last big pump to it's current price, which helps establish the lower portion of the triangle.
Then, an important resistance zone developed over the past week or so which acts as a breakout trigger into a possible bull run and forms the top portion of the triangle.
After a nice boost in volume over the past few days and a solid cross on the 1-Day MACD, it seems that ALGO is attempting to ditch the old triangle and move on to bigger better things.
It just needs to climb up past the next few levels of resistance to get going.
The green boxes I've drawn represent possible resistance/support zones and I expect the price to bounce around these levels while it continues rising. These were determined by looking at previous price movements and using some good ole Fibonacci levels.
Personally, I see this as a great coin right now!
This is my first published idea and I'm new to trading so take it with a grain of salt. I would love some constructive criticism. Thanks!
ALGOUSDT ://for the crazy n brave_SCALP ME PLEASEalgo n me always long
buy dips n stake on algo wallet u dont need to do anything but keep algo in algo wallet that u controle
_HGM T3Am
eth n alt market gonna pump soooo hard so buy ur dips n hang on....
algo ideaalgo at top of channel i hope it breaks thought if not could risk falling a bit but am still long
