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Algorand / TetherUS

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ALGOUSDT trade ideas

ALGORAND : THE COIN OF FIFA 2022 WITH BREAKOUT EXPECTINGAlgorand was before on a very interesting way on way to high targets, but since the FTT news, it did change a lot on cryptomarkets. For this reason, know that there is always a chance unexpected news can happen which can affect the market. This Idea is a TA idea depending on the view of now including the new coming trends of WorldCup 2022. We will see the coming time when this coin will effect a new increase in the world cup since it's one of the most important coins for the world cup at this moment. If it goes as we expect, then we can see the coming time even before the start of the world cup a new breakout. Trade safe and learn from FTT what has an effect on the market totally. We will follow this coin for the coming time to see the trends and patterns that this coin showing it will play out. There is already a Fifa partnership and promotion plan for Algorand. for more info check the original FIFA website.
Long
by Goldenbreakout
16
ALGO and World Cup 2022Algorand (ALGO) looks promising in terms of growth. Cryptocurrency blockchain has been chosen as the official FIFA platform, launching an NFT marketplace for fan tokens last week. The football theme can be a constant driver of growth in the ALGO rate, given the World Cup starting in November. While we were going to write you a review, the ALGO has grown by 4-5%. We have a sharp dump on the news about FTX like all coins. We have collected liquidity below support and are now trading higher which is a good sign, we are also seeing sell culmination. On fundamental news we expect growth with targets of $0.34 $0.4 $0.47 The most positive scenario - growth $0.68 Cancellation of the scenario - price drops below $0.25 . What impact will the World Cup have on Algo's price on your opinion?
Long
by razumcapital
1
Keep an eye on ALGO! World Cup starting this weekend!Here's a quick Look at ALGO 2 hr chart. As we can see, the price has been forming an inv. head and shoulder pattern and we could see a break above the neckline soon - It all depends on BTC! Also, World Cup starting this weekend - we should expect some movement from ALGO! The best entry would be when the price breaks above 0.285$ with a good amount of volume. One to keep an eye on. ------------------------------------------- The idea is: Buy when the price breaks above 0.285$ and take profits at the levels shown in the chart. Targets: 1. 0.293$ 2. 0.3$ 3. 0.318$ 4. 0.338$ ------------------------------------------- What are triangles when it comes to trading? Key points: "1. In technical analysis, a triangle is a continuation pattern on a chart that forms a triangle-like shape. 2. Triangles are similar to wedges and pennants and can be either a continuation pattern if validated or a powerful reversal pattern, in the event of failure. 3. three potential triangle variations can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
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by MBM_Crypto
3
ALGOUSDT | SHORT TERM TRADE CHANCE#ALGO/USDT 🟢Entry price: 0.26 - 0.24 🎯Targets: |> 0.28 (Sell 20%) |> 0.32 (Sell 30%) |> 0.34 (Sell 40%) |> 0.41 (Sell 10%) 🔴Stop-loss: 0.233(1D candle Close or two 4h candles) ➡️Recommended risk: 0.25% ➡️Recommended Position Size : 2.5% please note that due to the current market situation this trade signal is considered risky, so we must stick together to the stop lose and risk management strategy and not to gamble with our money. stay safe and trade safe thank you!
Long
by Khaledzu
2
ALGOUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a one-day-time frame analysis for ALGOUSDT There are R2 and R1 as our resistance areas which represent the unsuccessful attempts of price to rise. And S1 is a long-term support line that contains the support of price since the past. At the moment, we have the price fluctuating over S1 and we believe it will continue its rising trend to reach R1 (according to its past behavior) and we must wait for some confirmation candles here. If we have some rising signs by the price, there would be a rise predicted for it up to R2. Or it happens that the price is not supported at R1 and then it experiences a decline downward. The point is to wait for some signs and then have your trades more logically. 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
by MarsSignals
11
Algorand (ALGO) - November 16Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (ALGOBTC 1W chart) In order to gain the power to rise, it must rise in the 0.0000 1970 ~ 0.0000 2452 section and show support. ---------------------------------------- (ALGOUSDT 1W Chart) The key question is whether it can rise to the 0.4253-0.6132 range. To do that, we need to see if it can rise above 0.3310. (1D chart) Below 0.3310 is likely de facto long-term investment territory. Therefore, it is important to keep the price moving above 0.3310 quickly. If not, a decline below 0.2140 is likely. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator includes indicators that indicate points of support and resistance. ** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor). ** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100). (Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.) ---------------------------------
by readCrypto