Algorand on its way to challenge the last overhead resistanceAlgo is is gearing up to challenge its overhead resistance; the last one remaining in this cycle. I believe this will happen sometime in June/July. Things will ramp up suddenly after that.Longby suckyUpdated 1111
ALGORAND SETS TO JOIN THE BULLRUN BUT AFTER 20% NUKEThe Other Elliott Wave Count BINANCE:ALGOUSDT shows a classical Head & Shoulder Pattern but as an Elliott Wave Trader I see it as a potential Truncated Head & Shoulder and wave 2 about to end. When this wave 2 ends I am expecting ALGORAND to begin it bullish run for the ALT SEASON. At least a x2-5 200 - 500% is guaranteed. Entry is anywhere in between the box and the 618 to 786% Fibonacci level while the invalidation level is at the ALL TIME LOW and the first target is $0.456 presenting us with a 6 Risk Reward Ratio. Remember the PSYCHOLOGY behind this incoming bull run as I have explained before. now many traders are frustrated as much as the bulls and the bears are confused but as price keeps going down the bears will affirm their bias and the bulls hope will begin to shift to being bears just like when BINANCE:BTCUSDT was at 16k and then boom. OTHER ANALYSIS BINANCE:ALGOUSDT BINANCE:ADAUSDT BINANCE:PIXELUSDT BINANCE:APEUSDT BINANCE:NOTUSDT by DewyCandlesUpdated 1114
Algorand (ALGO)ALGO has made a harmonic pattern and looks like it is finished. Just have to wait for the price to break the downtrend line.Longby SaeedSalehiniaUpdated 16
ALGO | BUY CALLALGO has formed bullish divergence on last swing low and is trading above its falling trendline and HORIZONTAL ZONE. Longby TradeTrio2211
ALGO Confirmed a Bullish Wedge PatternALGO Confirmed a Bullish Wedge Pattern During these days ALGO confirmed a bullish wedge pattern signaling the beginning of a bigger bullish wave. The breakout from the pattern looks solid and it keeps printing green candles so far. Any small correction is expected before the price resumes the bullish move again. Expected resistance zones 0.1900; 0.2400 and 0.3000 You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️Longby KlejdiCuni16
ALGOUSDT 1D#ALGO has broken out of the falling wedge pattern on the daily chart and is now facing the MA50 and Ichimoku cloud. We are bullish on it. The targets are: $0.1968 $0.2223 $0.2477 $0.2838 $0.3299by Bithereum_io8
ALGOUSDTALGOUSDT. Will ALGOUSDT get bids from buyers ? As the price is at strong support level and bullish divergence indicating the buyers may attack this zone. If this happens and buyers start buying from here then the next target could be 0.2600 followed by 0.300 What you guys think of this idea?by JustTradeSignals4
ALGOUSDT 1WALGO ~ 1W #ALGO Make gradual purchases within this support block, with a short-term target of at least 20%+Longby CryptoNuclear4
ALGOUSDTThis is my price prediction based on my technical knowledge on altcoin crypto market and this is not FA please do your own diligence Thanks!Longby Dubdenhang10
Pigs get slaughteredWake up Grab a brush and put a little makeup Hide your scars to fade away the shakeup Why'd you leave the keys upon the table?by RedMegaManUpdated 4
Perfect entry zone ALGOIt need a bit of time, but finally Algorand entered the buy zone I was waiting for. We can see a nice accumulation inside this zone and actually the price is trying to break out from this zone. I expect a move to the upside in the coming weeks, targeting $0.28 Longby SaliJournal9
ALGO/USDT Weekly Chart UpdateHello everyone, I’m Cryptorphic. For the past seven years, I’ve been sharing insightful charts and analysis. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~ Charts supported by critical fundamentals. Now, let’s dive into this chart analysis: ALGO on this weekly timeframe has been in a downtrend since March 2024. The price is already down by 60%, and if the market goes bearish, ALGO is likely to drop a further 48% to 50%. The only bullish scenario for ALGO is to break above the 50 EMA and the resistance trendline. Key Observations: ~ Support/Entry: $0.076 to $0.0909 ~ Resistance: $0.1905 ~ Higher Rallies: $0.2817, $0.4679, $0.8280, $1.5124, $2.3825, $3.44. DYOR. NFA. Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see! Thank you! #PEACEby Cryptorphic1118
ALGOUSDT - Bullish divergence, rising wedge breakoutNext couple of days are quite bullish for ALGO!! Algo has gone through a depression phase in last couple of months, signs of reversal. The structure hasn't broken, Expect a 50% to 80% ride easily. Key levels are define to take profits and keeps your trades in profits.. Longby jahanzaibbukhari2
Algorand (ALGO): Looking For Rejection From Resistance!Algorand is looking sweet, trading just below the local resistance zone, trying to breakout from it. We are looking for any signs of weakness to kick in near this zone in order to take a potential trade towards the support line in the lower zones! Swallow Team Shortby SwallowPremiumUpdated 2211
Check under your beds... those are BULLS!Buy the fear, alt season is near. Bears are at the end of their ropes! Bulls are coming back! LONG like your life depended on it.Longby SmallBagsHereandthere6
ALGO Price Analysis: Key Supply and Demand Zones (2024-2026)BINANCE:ALGOUSDT The chart shows the price movements of Algorand (ALGO) against Tether (USDT) on a 3-day time frame. Here are some key points and features of the chart: 1. **Supply and Demand Zones**: - There are marked supply zones around the $1.00 to $1.50 range, indicating areas where selling pressure may increase. - A demand zone is highlighted around the $0.0820 to $0.1838 range, suggesting buying interest in this region. 2. **Key Price Levels**: - Significant levels are marked at $0.3728, $0.1838, and $0.0820, with the current price at $0.1431. - The highest marked level on the chart is $2.9900, indicating a potential upper resistance level. 3. **Volume Profile**: - A volume profile on the right side of the chart shows the traded volume at different price levels. Higher volumes at certain price points suggest those levels may act as support or resistance. 4. **Breaks of Structure (BOS)** and **Change of Character (ChoCH)**: - The chart indicates areas where the market structure has shifted, potentially signaling changes in trend. 5. **Price Action Analysis**: - The historical price action shows peaks and troughs with specific points of interest (POI) marked. 6. **Current Trend**: - The price appears to be in a downward trend, reaching a low around the $0.0820 mark before bouncing back to the current price of $0.1431.Longby Motivation_Voice6
ALGO/USDT MAY 2024It's been a while since our last chart update, but now is a great time to analyze some long-term patterns in altcoins. We still have a few spot trades open, and ALGO looks particularly promising with its potential for significant profits. Currently, ALGO is showing an accumulation phase, which could lead to massive gains if it maintains the inverse head and shoulders pattern it's forming. The right shoulder is still in progress, indicating potential upward momentum. Exit Targets: First Target: $0.29 area Second Target: $0.45 area Keep an eye on the low of the right shoulder at $0.15, as this level would invalidate the pattern. As always, ensure your money management strategies are in place. Happy trading! Longby Seahawks_Updated 118
Algorand (ALGO): Head&Shoulders Pattern About To Break NecklineAlgorand is looking sweet with a ncie H&S pattern where we are now at the final stage of breakdown (price is testing the neckline zone). We are looking here for a full-scale breakdown, which would result in a movement to the lower target zone! Swallow Team Shortby SwallowPremiumUpdated 1111
Long-TermAltcoin season will be soon Algo is at a 95% discount from ATH Hold for 1-2 years Following History when BTC moves Altcoins followLongby EvanHearne6
ALGORAND CORRELATING CLOSELY WITH CHAINLINK Very similar to Chainlink (although major ALTS are correlating very well now)but I believe more on total fall for deeper retracement for a primary degree wave 2 for BINANCE:ALGOUSDT than BINANCE:LINKUSDT (see link chart below). OTHER ANALYSIS by DewyCandlesUpdated 8
ALGORAND SETS TO JOIN THE BULLRUN BUT AFTER 20% NUKE BINANCE:ALGOUSDT shows a classical Head & Shoulder Pattern but as an Elliott Wave Trader I see it as a potential Truncated Head & Shoulder and wave 2 about to end. When this wave 2 ends I am expecting ALGORAND to begin it bullish run for the ALT SEASON. At least a x2-5 200 - 500% is guaranteed. Entry is anywhere in between the box and the 618 to 786% Fibonacci level while the invalidation level is at the ALL TIME LOW and the first target is $0.456 presenting us with a 6 Risk Reward Ratio. Remember the PSYCHOLOGY behind this incoming bull run as I have explained before. now many traders are frustrated as much as the bulls and the bears are confused but as price keeps going down the bears will affirm their bias and the bulls hope will begin to shift to being bears just like when BINANCE:BTCUSDT was at 16k and then boom. PREVIOUS ANALYSIS OTHER ANALYSIS BINANCE:ADAUSDT BINANCE:PIXELUSDT BINANCE:APEUSDT BINANCE:NOTUSDT BINANCE:PEPEUSDT by DewyCandles887