$ALGO ALGOBought some algo here , will cut if daily close back below 0.3248, thesis: algo cooperation with FIFA ( 30 days to world cup)
ALGOUSDT trade ideas
Algorand longAlgorand bounced off the support level. Asset broke trough off the descending trendline. Bullish movement to resistance level at 0.371 is possible.
ALGO completes recontest - time for longUpon the break of triangular patterns, the best time to open a trade is when it comes back down to test the triangle as support. If you zoom in, this is exactly what ALGO has done.
Therefore, it is a great time to go long.
The TP levels are set on the chart, and I'm sure it will continue higher after as well.
ALGO retest Algo is retesting the diagonal breakout.
Imbalanced areas to be filled.
Market is errational be cautious.
ALGO/USDT Short...ALGO/USDT Sell.... This is not signal... Don't risk more than 3% of your account on any trade...
ALGOPrice made a swing low on the Weekly Time Frame. Price came all the way back to the origin of that impulse move and is finding support. This might be a nice buy in the upcoming World Cup Football as they are partnered up with FIFA.
ALGO SHORTConsidering the price correction, I give the probability of this move, you can sit without a trigger guard with the STOP LOSS of the last HH or wait for a more reliable trigger.
ALGO/USDTALGO/USDT
Below is a dynamic resistor.
I think this resistance can be broken.
I am watching the price increase up to 40 cents.
#ALGOUSDT #ALGO #BTCUSDT #BTC #ETHUSDT #DOGE #DOGEUSDT
ALGO Algorand still accumulation phase..after 4 months. Time is running out slowly.
1st target top of the channel, once surpassed $1.00-1.30 will be the next target
Hold my beer pls
----
No financial advice, do your own research, don't be stupid
ALGO | Strong resistance ahead.ALGO bounced back at $0.2863, back to the $0.32 resistance zone, which is also the retracement of Fib’s 0.618. The purple line is the recent downtrend line. We can see that we are still in a bearish trend. It will not be easy for buyers to break out here.
If you like and support our analysis, please give us a like and leave your comment. 😘
Good luck~☘
AlgorandAlgorand create an falling wedge...
Algorand, the green blockchain.
We are born sustainable!
Algorand is far more energy efficient than other blockchains, and is going further by offsetting its small carbon footprint in partnership with ClimateTrade.
ALGO BUY#ALGOUSDT 4HR
Waiting for breakout from this Symmetrical Triangle on $ALGO.
Relative Strength Index testing mid channel and looks good for a continuation to the upside.
Position is a strong break above resistance. Target is the $0.3900 region.
ALGO Scalp longIdea is to take ALGO trendline breakout while BTC is bullish too:
- ATR is full at short direction
- We are under VWAP
- Market needs a pullback
- 3rd touch
- At bottom we already collected liquidity. It would be logical to go for stoplosses at high
If you like the idea, please, press a like to let me know that my work is valuable for you. Thank you and trade wisely!💓😊
Algorand (ALGO) formed bullish Gartley for upto 34.50% rallyHi dear friends, hope you are well and welcome to the new trade setup of Algorand (ALGO) with US Dollar pair.
Previously we had a nice trade of ALGO:
Now on a daily time frame, ALGO has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
ALGOUSDT Neutral Sideways Channel EmergingTrade setup:
False breakout from Sideways Channel ($0.25-$0.35) as price has fallen back under $0.35 and into that sideways trading pattern. (set a price alert).
Trend:
Neutral on Medium-Term basis and Downtrend on Short- and Long-Term basis.
Momentum is Bearish ( MACD Line is below MACD Signal Line, and RSI is below 45).
OBV (On Balance Volume):
Is declining, indicating that volume on Up days is lower than volume on Down days. Hence, demand (buyers) is below supply (sellers).
Support and Resistance:
Nearest Support Zone is $0.25. The nearest Resistance Zone is $0.35, then $0.50 and $0.70.
ALGO - AnalysisALGO had a price drop last week. After hitting the resistance range of $0.367-0.380, its price reacted negatively. The bullish corner pattern seen on the chart has been broken to the downside, and with the pattern confirmed, the price has continued down to the $0.335 range. Support in the $0.32-$0.34 range could be the first target for sellers. The price has reacted positively by dealing with this range.
But the RSI indicator shows completely negative momentum. To get bullish again, buyers need to break the dynamic resistance to the upside and stabilize the price above the $0.34 range. In this case, we can expect the price to grow again after the pullback to the trend line. But if the current support is broken with a strong daily candle, further declines could continue to the $0.30 range.
ALGO/USDT Long ---> Short... ALGO/USDT... This is not signal... Dont risk more than 3% of your account on any trade...
Algorand (ALGO) - October 8Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(ALGOUSDT 1W Chart)
Whether or not it can move higher than 0.6704 is key.
To do this, it is necessary to check whether it is supported and ascends in the 0.3310-0.4253 section.
(1D chart)
We need to see if we can keep the price above 0.3310.
If it falls below the 0.2865-0.3091 range, there is a possibility that it will fall to around 0.2140.
------------------------------------------------------------ -------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** SR_R_C indicators are displayed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
ALGOUSD ❕ exit from oversold areaOn the 1H Timeframe the RSI has exited the oversold zone.
Price is testing 200EMA as support on the 4H Timeframe.
I believe the asset could rebound if it consolidates above current support.
Algorand shortAlgorand bounced off the resistance level. Asset broke trough the ascending trendline. Bearish movement to support level at 0.29 is possible.
$Algo golden cross formation is about to begin don't miss!$$$Algo golden cross formation is about to begin. I recommend you all to watch this coin, which has a potential of 600 percent and more, the first stop is 0.4 cents. don't miss it. Good trades, not investment advice.
ALGORAND `` RR/9xCorrelation, and it's technical analysis.
I look forward to Algorand doing a deep SHORT.
Partials will of course be taken along.
Careful.
Algo longCan try out Algo for a long here.
There is a version of C&H here. However on calculation it is a failed C&H as it went beyond the allowed depth of the handle by 9%.
I still thought it would be a good test with a tight stop loss shown.
Stop loss shown.
