ALGOUSDT trade ideas
Divergence in the making??? I had a feeling that this pair is building a setup for a bullish divergence to "confirm" a bigger correction/REVERSAL upwards later..?
I base this on nothing elso kelso than an itch in the back of the brain that there is something missing,
A nice clear divergence in this section of the chart.
Overall building T. H. E. Bottom seems to be the name of the game yes.
So quite bullish feelings for the "longer? " run..
ALGOUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for ALGOUSDT
In the current chart, R2 on the top is a resistance area which contains the unsuccessful attempts of price to rise. R1 used to be a support area. And S1 is our support area and obviously it shows the support of price at different points. At the present, the price was able to have a noticeable rise and could break S1 upward and now it is fluctuating below R1 area. We will predict it to continue its decline toward S1 and there by providing us some rising signs, an increase for the price to touch higher amounts is expected. Or even by receiving some confirmation candles for the purpose of a decline, more fall would take place for the price downward. If you are in favor of experiencing profitable trades and wise actions in your analyses, we have several points and tips in our updates; so follow us all the time.
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
ALGO falling wedgeThis is a huge falling wedge that is pointing to a crazy support level.
We have a nice trade range on the daily chart. Imagine breaking the range down but finding support near that crazy support level.
If you want to buy a coin soon, ALGO might be a good choice. Buy the support level or the breakout. It doesn't really matter. Potential reward is crazy.
AlgoUsdt Rdy for explodeAlgorand rdy for Explode
can got good profit be soon
algo can explode and going up
chat form is good and now rdy for good profit
GL
EntryPoint:
0.2380
0.2255
Supports:
0.2046
0.1890
0.1743
Resistance:
0.2818
Targets:
0.3363
0.4000
0.5137
0.7066
Midtime:
1.0591
1.3089
1.7703
HODL:
3.1250
GL
ALGOUSDT...i hate youBINANCE:ALGOUSDT
Although i hate this coin...the chart is very simple.
in the first rejection, i waited till breakout/confirmation and took a buy///sold the buy.
NOW, it tested the 0.26 and retraced till 0.612% fib, and now "it seems" or "it might" (for the bastard who wanna sue me) the next target will be 0.30
i hope yall don't make money out of it... MzrFkrz
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#STOP_BEING_POOR
Couple possibilitysIf price goes to 0.255 and breaks structure the price can fall back down to 0.2434 zone, from there it can find bullish order block and go back to the top of the triangle,
or then 0.2434 doesn't hold and price can go down to get more liquidity creating this "measured move M pattern"?
OORR price just blast thru the triangle roof and keeps on trucking to 0.27 zone :D
ALGO/USDT Cut & Handle spotted Hello guys
Another one one our watchlist is ALGO/USDT pair. As on THETA this one also has formed our favourite pattern which is "Cup & Handle" pattern. This pattern has been working out nicely for us so let's see if ALGO can secure the price above the neckline which would lear the price of ALGO to go towards EMA100 and possibly EMA200.
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.
ALGOUSDT | BULLISH PATTERNALGO has been trading at very important level.
The price after hit a bottom at 0.1600 has been trading in a bullish trend .
The price has printed cup and handle formation.
The price has already broken above the handle of cup.
The bulls are in control.
Manage your trades accordingly
ALGO a Safe Play!? ALGO seeks to build on similar projects like Ethereum by improving scalability, security, and reducing the amount of time it takes for transactions on the network to be considered “final.”
Developers can use Algorand to create decentralized applications — for loans, decentralized trading, and many other uses — that can take advantage of fast, low-cost transaction processing while scaling to a large number of users.
With a reward of over 6% currently on Coinbase and 72% of supply now released ALGO is in a strong position to steadily climb to new Heights. Algo looks like a safe play in the coming Bull!
IMO ALGO has bottomed and a reversal is underway!