ALGO: Surprise Rally Ahead?Yello Paradisers, did you spot that breakout from the descending channel in time or are you still waiting for confirmation that already happened?
💎#ALGO/USDT has officially broken out of its multi-week descending channel after a textbook Break of Structure (BoS). Price action gave us a beautiful re
ALGO Fighting in Support ZoneALGO sitting in support zone its not strong support zone with many price rejection in this price range from December 2022
But if this line break maybe we can heading to the greatest and strongest support zone around 0.09 like in June 2023 and ABCDE pattern completed then consolidate a while before n
ALGO Technical Analysis!ALGO Update:
ALGO has been in a downtrend since last year and has yet to break above it. Currently, the price is near the initial support level at $0.15, with no strong bullish signs so far. If this support fails to hold, we could see ALGO move down toward the lower support at $0.108.
On the brigh
Algorand (ALGO): Seems More of a Liquidity Grab | We WaitCurrent movement on markets seems a little suspicious, where markets are dipping hard, yet for example, on ALGO, we do not see any proper signs.
We are expecting to see soon a bounce to upper zones to form another local hight from where we will be looking for a correctional movement, but for now w
Algorand (ALGO): Targeting $0.32 Once We See Breakout Algorand has had a decent upward movement where now we are retesting the resistance zone on smaller timeframes.
Now what we are looking for is the proper break of that zone, which then would result in a good upward movement. So for now we wait for the 200EMA to be secured by buyers.
Swallow Academ
ALGO/USDT – Breakout Trade Setup (Daily Timeframe)BINANCE:ALGOUSDT has officially broken out of a multi-month descending channel, signaling a shift in trend. After several failed attempts, price action finally pushed above both the channel resistance and the 50-day EMA (~$0.2197), confirming renewed bullish momentum.
Following the breakout, ALGO
TradeCityPro | ALGO: Bearish Pressure Builds Near Key Support👋 Welcome to TradeCity Pro!
In this analysis, I’m going to review the ALGO coin for you. The Algorand project is one of the Layer 1 and RWA projects.
⚡️ The coin, with the ticker ALGO, currently holds a market cap of $1.63 billion and ranks 53rd on CoinMarketCap.
⏳ 4-Hour Timeframe
As you can see
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.