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Algorand / TetherUS PERPETUAL CONTRACT

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ALGOUSDT.P trade ideas

📉FIFA Launches NFTs on Algorand 🏆 (ALGO/USDT analysis 🚀 ) 📈FIFA Launches NFT Platform on Algorand in Run-Up to World Cup! With the 2022 World Cup just months away, FIFA, soccer’s global governing body, has announced it will launch an NFT platform for soccer-themed digital collectibles. “Just like sports memorabilia and stickers, this is an accessible opportunity for fans around the world to engage with their favourite players, moments and more on new platforms,” said FIFA’s Chief Business Officer Romy Gai, in a statement. so funda says, Algorand is now an apt option for possible growth ,even in this bearish market for couple month ahead ! 📊Technical POV: Although I've already analyzed Algorund on the weekly timeframe before ,but also in the daily perspective ,we can see more obviously , ALGOUSDT is trading on a support zone and struggling with a descending trendline ,so if holds this current lvl and breaks out this line then can see higher prices and Resistance zones ! ✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE! -------------------------------------------------------------------------------------------------------------------- 👉This analysis is my personal opinion ,not a financial advice ,so do your own research. 💚 if you're fan of my analyses please follow me , drop a comment 🗯 and Boost me 🚀🚀
by PRO_SMART_Trader
15
ALGO/USDT Analyst Daily 😮Hello to the respected members of Trading View🥱 ALGO daily time frame cryptocurrency analysis (logarithmic chart) In the daily time frame, we see the candle closing above the red trend line, and the price has also reacted to its static support area of $0.31. If the price stabilizes above the support area of $0.31, it will have the ability to realize the targets of $0.345, $0.36 and the resistance area of $0.38 (mid-term). Otherwise, with the loss of the static support area of $0.31, we expect the price to hit the red trend line and also react to the green area of $0.27 daily. Arztoday Team 🌹
by arztoday
ALGOUSDTALGOUSDT(09.10.2022 UPDATED) Wait until price touches the trend lines then look for signal bar and key bar /Breakout and pullback to recognize direction of price movement. Money Management must be obeyed. Open position without setting the proper stop loss (1% or 2% of total balance ) soon or late will cause to lose all your money ( call margin ) Majority of trades is done via computer trading (forex / cryptocurrency) priority in analyzing charts: 1- Price Action 2- Market structure 3- Chart patterns 4- Candlestick patterns 5-Divergence 6-Indicators SETUP IN TRADING RANGE: BLSH BLSH:BUY LOW SELL HIGH
by ravankhah1348
ALGOUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a one-day-time frame analysis for ALGOUSDT In the current chart, there are R3 and R2 as our resistance areas that include the disability of the price to rise. R1 used to be a support line and S1 is the support area which represents the support of the price since the past. Now it is clear that the price is fluctuating below R1 and we believe it will rise to this line, as it used to do in the past. Here by receiving some signs to decline, we will predict a falling trend for the price to S1. In case the price moves above R1, then an increase may happen for it. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
Short
by MarsSignals
2
ALGO/USDT (Trend Line) As the name implies, trend lines are levels used in technical analysis that can be drawn along a trend to represent either support or resistance, depending on the direction of the trend. Think of them as the diagonal equivalent of horizontal support and resistance. Notice how shortly after breaking trend line resistance, the market came back to retest the trend line as new support and formed a bullish pin bar in the process. This allowed price action traders to buy just before the market rallied for up trend
Long
by majidalisabir