Cup and handle bearish Hi , i think we have bearish cup and handle also we have bearish butterfly So i think the price will going to the red line at ( 0.1317 ) We can buy from this price Shortby Azhail111
Algo buy itAlgo double bottom in bullish scenario which can give you good profit in no time. I'm riding on it. Do your own analysis and let's ride on Algo pump. Longby Thebitcoin373
ALGOUSD ❕ low boundary of the channelALGO has fixed above the lower boundary of the channel. Many indicators show that the asset is oversold. The price will rebound from the current level.Longby Solldy5511
Algorand (ALGO) - Scam or Gem?Hello, everyone! There is an increased interest to atlcoin BINANCE:ALGOUSDT last couple of days because it has broken the bottom again. Some traders think that it's scam and we should forget about this token, others think that it's perfect buy level. I have another one opinion. As you know I expect $10k on Bitcoin, and first of all we should wait for this price to see which altcoins will be alive. Anyway looking at the Elliott waves formation, I can see that ALGO is forming the ending diagonal inside the wave 5. Bear market for this coin is about to end, but I can demonstrate the decrease up to -50% from current prices. To sum up, current price is not a good entry point, but this asset is not obligatory scam, but this probability is higher than pump from current. Best regards, Ivan _____________________________________ ❤️Follow me and never miss the update❤️by Skyrexio119
ALGOUSDT Chart 4Bias Neutral Change of Character 4HTF Golden Pocket 0.618 Retracement Area Entry: 0.1655 - 0.1623 SL: 0.1597 TP: 0.1738 TP: 0.1803 NOTE: This is just my Trading Journal Practice NFAby RampItupUpdated 1
ALGO dropped a key supportHi, Friends hope you are well and welcome to the new update on ALGO. Big wedge and a long-term support: Algo has formed a big falling wedge on a weekly time frame, however, at the moment ALGO has dropped at a very long-term support of $0.16 and this level is working as a support since Sep 2019. Oversold on weekly time frame: Weekly Stochastic is also extremely oversold therefore, if Bitcoin starts small correction move, then ALGO can begin a massive reversal from this support. Conclusion: If some one wanna buy ALGO here then be very careful and keep an eye on $0.16 support, if it will be broken down then ALGO can drop at the support of wedge. More chances are in favor of a massive rally from this support soon. Longby moon333223
algo usdt - rsi divergence +rsi 30 brokenrsi 30 area rsi divergences powerfull support orderblock by bbahram100w12
ALGOUSDT testing Fibonacci supportRight now ALGO is testing the most common Fibonacci retracement level, 61.8%. We want to take buying opportunity at this time as any kind of a pullback would be healthy for this bearish trend. Longby CryptoPAMM228
ALGO UPDATERegarding spot position in algorand as You can see we've hit the next supply zone on high tf. In theory that's cheap for something what I always perceived as fundamentally strong alt coin. Below are only corona dump levels which are basically cataclismic prices. Does not mean we won't go there, or even head lower. We simply may see some potential demand after visiting 17 cents. When I look at indicators it's still far away from massive momentum kicking in but maybe it can at least sustain current prices over time and gain later on. Longby eryklctUpdated 1120
Buying For long-termHey guys Algo is getting ready for buying This coin was supported in the range of this level such as before we just wait for shadows & impulses , i predict approximately 100_120% rise after forming this pattern. Have a good timeLongby Alikarimi10Updated 889
#ALGO USDT DOUBLE BUTTONI think we should wait for growth in altcoins Your own risk Don't forget to like and commentLongby shamanica0
ALGOUSDT (4H) - Bearish breakoutHi Traders ALGOUSDT (4H Timeframe) The market is in a downtrend, and we are waiting for an entry signal to go SHORT below the 0.1579 support level. Only the upward break of 0.1707 would cancel the bearish scenario. Trade details Entry: 0.1579 Stop loss: 0.1707 Take profit 1: 0.1500 Take profit 2: 0.1372 Score: 8 Strategy: Bearish breakout Shortby Avramis2
Algorand at an important junctureMoment of truth for Algorand. Will it close above its recently re-gained trend line this week and this month? Above .30 with some sideways action would be ideal. Because if it does, it will have quite the bull run. If not, it may need to re-visit 14c and that would delay the structure. But so far so good! Cheers!Longby LockedAndLoadedUpdated 229
ALGOUSDT: 20% FOR LONG ?Disclaimer High Risk Investment Trading cryptocurrencies and Forex carries a high level of risk, and may not be suitable for all investors. Before deciding to trade cryptocurrency you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with cryptocurrency and Forex trading, and seek advice from an independent financial advisor. Since Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary, and does not constitute investment advice. The Bibres will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. All opinions expressed are owned by the respective writer and should never be considered as advice in any form. A qualified professional should be consulted before making any financial decisions. ------------------------------------------------------------------------------------------------------------------- Longby TraderBibres2003Updated 228
ALGO UPDATE 2That's the make or break for Algorand. Yesterday drop ended up with a bull trap and a chance for trend reversal. There are three rules in place now. - We want to stay above the yellow line ( the previous low on a weekly chart ) - Closing below yesterday low invalidates the setup - Closing below 0.1560 will propably mean that Algo will drop to 0.1150Longby eryklctUpdated 3
Riding the Algorand Wave: Get Ready for a Crypto Surge!Algorand's current market price has been a subject of concern among investors, given that the platform has a strong technological foundation and promising potential. The market volatility is an inherent feature of the cryptocurrency landscape, and fluctuations in prices are common and to be expected. Algorand is a relatively young project, having launched in 2019, and is still in the early stages of its growth trajectory. As such, it may take some time for the platform to gain wider adoption and establish a stable price level. Nonetheless, the Algorand team has been making significant strides in forging partnerships and advancing the platform's technological capabilities, which could bolster demand for the network and increase its market value. Moreover, the platform's long-term prospects and potential for disrupting industries such as finance and healthcare should not be overlooked. Ultimately, the decision of whether to invest in Algorand at its current price point is contingent on your risk tolerance and research. Lower prices can offer opportunities for those who are willing to make early investments in promising projects! Longby MarkBTV7
TRADE ALERT - LONG ALGOAlgo has also entered my target down area and with the daily RSI into oversold territory, I believe this is an appropriate area to enter. Yes, Bitcoin could still come down to that 25,200 neckline area or lower, dragging ALTS down even further, but I have set my entry targets for these recent alts trades and will stick to the trading strategy at this point, holding through potential losses until they become profits again. Target will be upper levels printed. SL would be 14 cents or lower. Best, StewLongby stewdamus7
ALGO/USDT Falls into Bearish Trend on Daily TimeframeBINANCE:ALGOUSDT pair has turned bearish according to its daily chart, after a brief period of upward momentum. This is due to the formation of a bearish double top pattern, which broke downwards, followed by an ascending triangle that had the potential to break upwards. Unfortunately, the triangle broke downwards faster than anticipated, signaling a continued bearish trend. Algorand is currently trading near a significant support level, and if this level is breached, it could potentially result in further downside. The fate of Algorand will ultimately be determined by the performance of Bitcoin, which is a major influence on the broader cryptocurrency market. It's important to note that investing in cryptocurrencies is inherently risky due to the volatile nature of the market. Therefore, it's crucial to conduct thorough research before making any investment decisions and to have a sound investment strategy that aligns with your individual goals and risk tolerance. May the markets be ever in your favor!Shortby UnknownUnicorn33279232
ALGO/USDT watching for a price movementHey guys 👋 First coin of the day is ALGO with a nice potential for a further drop to occur here. We are going to wait mainly for the weekly open price to be more sure but this is the scenario we are going to wait for! 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.Shortby SwallowPremium444
BUY OPPRTUNITY : Possible reversal scenariotwo bullish shark patterns combined + price at support level PS never risk more than 2 % of your capital per trade Longby slim74
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 ;)Longby Alikarimi105
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 moonShortby Techglitch335
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 SLLongby Bitcoinblockchainonline2