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Algorand / TetherUS

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ALGOUSDT trade ideas

ALGO/USDT Ready to Upward Movement?? Algorand Today Analysis Ladies and Gentlemen of ParadiseClub, gear up for the forthcoming gems! 💎ALGO has broken its prior pattern and is now retesting the resistance trendline. 💎We're keenly observing its approach to the demand zone. Should ALGO exhibit a bounce or face rejection within this area, we can anticipate a bullish trajectory, 💎 targeting the next supply point at 0.1265 and a formidable resistance at 0.1387. 💎However, be cautious: if ALGO closes below 0.1046 on a daily scale, our bullish outlook would be invalidated. Stay alert and trade safe! 🌴
by MyCryptoParadise_Nathan
ALGOUSDT time to fly?ALGOUSDT is currently testing the $0.11 area, which could be a significant price level based on historical price action. Additionally, the price is contained within a Falling Wedge pattern. Falling Wedges are bullish reversal patterns characterized by converging trendlines, with the upper trendline sloping downward more gently than the lower trendline. These patterns often indicate a potential bullish breakout. Breakout Signal: You've indicated that a breakout above the $0.11 level is considered a trigger for a new long position. A breakout occurs when the price convincingly moves above a key resistance level, suggesting a potential shift in market sentiment from bearish to bullish. New Long Position: In accordance with your analysis, a "new long" position would involve buying ALGOUSDT with the expectation that its price will rise after the breakout. This aligns with the potential bullish momentum indicated by the Falling Wedge pattern. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <= 1h structure. Follow the Shrimp 🦐
by InkyGrip
6
Algo Sell Trade Here is my Study on Algo. Welcome to my channel! Here you'll find daily technical analysis ofthe latest trends in the crypto market. From Bitcoin to altcoins, I'lIl be sharing my insights and predictions to help you make informed decisions about your investments. Follow me for the latest updates and join the conversation in the comments! Crypto technical analysis uses past price history to predict future price. It's not a guarantee and shouldn't be relied on solely for investment decisions. Consider other factors such as market trends, economic strength and information dissemination. Use with caution. This Is Not A Finacial Advise
Short
by MoonTradingForecast
ALGO/USDT looking breakdown! Hey traders 👋 ALGO coin is first that we will be taking a look at during the weekend where we see a nice potential for a breakdown to happen here soon! Why do we think that? Well first of all let's look at 200EMA which is considered an upper resistance here as well. It has been rejecting many times the market price of ALGO meaning there is not enough volume behind it. This can lead to lower zones to be reached with a nice kickstart from a breakdown near current market price of $0.1111 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.
Short
by SwallowAcademy
4
ALGO S&R in short-mid term>>>>I Have Tried My Best to Bring the best Possible outcome in this Chart. ALGO have a good potential for spot trade for mid term. Based on moving in static support's zone in long term time frame 0.8-0.10 and by pass from 0.15 can start strong upside trend to next resistance's, So it look's good to buy 1 step in daily time frame's correction. All important area's in long - mid - short term marked on the chart. It's Not a financial advise. PLZ DYOR With hopping success>>>
by imanff