BUY OPPRTUNITY : Possible reversal scenariotwo bullish shark patterns combined + price at support level
PS never risk more than 2 % of your capital per trade
ALGOUSDT.P trade ideas
2nd :buying for long-termHey guys
Algo is getting ready for buying
This coin was supported in the range of this level such as before in the other way if you observe ichimoku lines; lagging span will approach red cloud .therefore, Algo will have shadows and impulses it is early to buy now . We would wait for buying i predict approximately 100_120% rise after forming this pattern.
Have a good time ;)
ALGO is about to blast 💥💣There are some strong and clear support and resistance of ALGO.. So this is last opportunity before it's take off to the moon
Algo retest 0,23?Also a chance to retest the zone around 0.23 +-, we will see how BTC will be etc... we are close to the summer lows and in a very volatile place so be careful and always SL
ALGO Short Setup After a Little CorrectionOKX:ALGOUSDT
We do not like to open position through the C point to D point but there is a solid increase possibility.
If you like risk you can open position by targeting the D point or near D point is more meaningful.
We use moving averages by targeting these kind of positions.
Anyway, the main position is short setup which completes at D point is also a shifter rally point.
Two side of position needs to trigger with a price action as you know.
May the force be with you.
ALGO/USDT "Double Bottom" = weak one? Hey traders 👋
Let's look at ALGo coin here on daily chart with a nice potential of a breakdown to happen here. We see that this one has formed a nice "double bottom" pattern where it is trying to find a decent support at that second leg but struggles to do so. If Algo won't find a good support there then we have a great chance of a breakdown to happen BUT if we do see a support to occur there then you know what to do))
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Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Algo and price action Algo is try to use support zone 0.18 to begin uptrend rally but we have a yellow trend line too to break out of it
ALGO USDTHello, this is not an investment proposal
And it can give us a bullish view for mid-term trading with the lowest limit of loss and the highest profit
The analysis was based on harmonic patterns
The stop risk is 70%, but our stop is very small
Good Luck
#ALGOUSDT #LQR #TOBTC #LaqiraProtocol• Support and resistance are specified in the chart
• Levels are obtained from the intersection of the fib and static levels
• You can open a position after confirmation
• This analysis is not an offer to buy or sell
ALGOUSDT - 15min - Range IdeaThe price is ranging between R1 and S1. Continuation is expected. The idea is to short it in the range.
Algorand Long🚀#Algousdt is ready to pull a pole back to the trend line. The first price target is 0.22. It means 20% profit. According to the rsi indicator and oversold, I think it is a good place to buy
ALGO/usdt 1DI have an opinion on this chart, as you can see in the picture, I expect a drop to the support in the picture and then an explosive growth is expected.
Is the test over and start landing?The currency broke a strong support area to the bottom, and now this break is being re-tested, and this indicates the upcoming strong decline.. Please pay attention
long algousdtBINANCE:ALGOUSDT.P
Asset analysis
From a technical point of view, by reaching the entry point marked with blue color in the image, it can have a good profit for the owners of this asset.
ALGO/USDT "Double Bottom?"Hey guys 👋
Another coin that caught our attention here is ALGO coin with a great potential for a bullish movement here to happen soon! Waiting for the outcome which can result to at least 20% growth!
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
ALGORAND - Massively bullish, 100% upside potentialALGORAND has recently come out of a downtrend... and currently facing resistance around the 0.225 - 0.24$$ region.
the question is what is the safe entry for this?
the token has extremely strong support at the 0.21$ region, an aggressive entry can be taken around 0.215 - 0.21 $
A safer entry can be looked at around the 0.19 - 0.2$ region. This entry can be achieved if BTC retraces back to 29000$ level before continuing its journey to 38 - 40,000 $ level.
after that is a rocket ride.
let's see if PA takes turn in our side
LONG ALGO UPDATEAbove is the chart describing potential swing trade on algorand I mentioned before. Very low risk, stopping if confirms break to the downside
ALGOUSDT - 15m - Bearish IdeaThe declining trend may continue given the trend line holds. The entry point is made on the expected fib retracement level.
ALGOUSDT on daily support, likely to head up to 0.206-0.210This one is also on daily support and likely to bounce from here. It may dip below the support for a while but anyways a long towards daily resistance looks favorable here. The daily resistance is sitting around 0.206-0.210 zone.
Algousdt Trading opportunityAlgo make massive drop from ATH and found bottom around 78.6% and 88.6% fib retracement level.
We should focus more on immediate resistance zone and expect price to flip it and make it to become support.
Buy back zone is a good zone to pick some bags.
Algo Bulls Need FuelLooking at Algorand/USDT 4H on Binance, it seems like there is a long road ahead for ALGO bulls.
We see two recent rejects at the .5 FIB / $.24. The retracement found support on the 200MA but the subsequent bounce was unable to fully recapture the .382 FIB at $.225. I'd expect some chop between the 200MA & .382 then a drop down towards $.21.
With the two rejections in place at $.24 and little volume supporting the 200MA bounce, I'm generally bearish in the short & long term on Algo. The volume spike that drove it from $.19 to $.24 seems anomalous and without any real momentum.
Should bulls get the fuel they need from somewhere in the ecosystem, its a tough road towards the long time resistance at $.26 (white line). I'd expect multiple attempts & failures at recapturing that level, especially with the .618 so close to it. With so many other charts & cryptos showing bullish indicators, Algo is a tough technical sell in current form.
