AlgoAlgo still holding the lower support . It needs to close & stay above . Otherwise the structure is invalidated. Longby N-S-883
ALGO's expected movement!BINANCE:ALGOUSDT ALGO is in a symmetrical Triangle which means we can't be sure of the coming movement. BUT! Ichimoku cloud shows a positive sign to us which means the price can increase to the top of the pattern easily👍 ⚠️ Disclaimer: This is not financial advice. Always manage your risks and trade responsibly. 👉 Follow me for daily updates, 💬 Comment and like to share your thoughts, 📌 And check the link in my bio for even more resources! Let’s navigate the markets together—join the journey today! 💹✨ Longby CRYPTONIC_trend222
ALGOUSDT 8H#ALGO is moving inside a symmetrical triangle on the 8H chart. Currently, it is sitting on the Ichimoku cloud support. If it manages to hold the price above the cloud and break out above the triangle, the targets are: 🎯 $0.4483 🎯 $0.4874 🎯 $0.5430 🎯 $0.6139 If it loses the Ichimoku cloud, it may retest the support line of the triangle, and in case of losing the support line, the next support level is around $0.2428.by Bithereum_io118
Algo-Double bottom pattern Breakout confirmed.Price pulled back to test it as support.Good entry imo. Target 0.49. Good luckLongby beatab4
ALGOUSDT 1WALGO Update ~ 1W #ALGO So far it still maintains its bullish structure. This buy range is very wide, buy in stages with a minimum target of 20%+Longby CryptoNuclear10
Prepare to BUY Spot AGLOUSDT on the H4 Cycle (Short-Term) 🌟 Quick Gains Await with AGLOUSDT! 🌟 🌍 Market Overview: AGLOUSDT is showing bullish momentum on the H4 timeframe, offering a prime opportunity for short-term gains with manageable risk. 📊 Trade Plan: 📌 Entry: Around $0.34 or Wait for further dips before buying. 🎯 Target: +50% to +70% – Aiming for significant short-term returns. ⏳ Hold Time: Up to 1 week – Perfect for quick trades in alignment with the H4 cycle. 🔍 Strategy Insights: My custom tool RainBow MG3 highlights AGLOUSDT as a high-potential asset for this short-term cycle. Favorable volume and price action suggest strong potential for upward movement. 🚀 Next Steps: 💬 Reach out if you need personalized support or further insights into the strategy. 💡 Note: This is not financial advice. Always DYOR before making any trading decisions. 🔥 AGLOUSDT is poised for action – Secure your position and ride the wave! 🔥Longby rainbow_sniperUpdated 13133
Buy ALGOhello guys According to the upward trend of the two buying ranges, we have specified for you that if we reach the specified goals, we will move with them. Don't forget capital management. Be successful and profitable.Longby TheHunters_CompanyUpdated 228
#ALGO: Scaling Blockchain With Pure Proof-of-StakeDescription: This trading idea centers on ALGO, the native cryptocurrency of the Algorand blockchain, a project known for its revolutionary Pure Proof-of-Stake (PPoS) consensus mechanism. ALGO aims to address key blockchain challenges such as scalability, security, and decentralization, making it a preferred choice for developers and enterprises. With its fast transaction speeds, low costs, and energy-efficient operations, Algorand has positioned itself as a leader in decentralized finance (DeFi), tokenization, and smart contract deployment. Furthermore, its growing ecosystem and partnerships with global institutions make ALGO a promising asset in the blockchain space. Nonetheless, it is crucial to acknowledge the inherent risks of cryptocurrency trading, as market conditions can be influenced by factors like regulatory changes, technological developments, and overall sentiment. Investing in ALGO requires a well-informed and cautious approach. Disclaimer: This trading idea is provided for educational purposes only and does not constitute financial advice. Cryptocurrency investments, including ALGO, carry significant risk, including the potential for complete loss of capital. Conduct thorough research, consider your financial circumstances, and consult a professional advisor before making investment decisions. Past performance is not indicative of future results. Longby MoonTradingForecast4
ALGO Set for a Bullish Breakout! 🚀 #ALGO is breaking the trend! 🚀 With a confirmed double bottom pattern, this could be the start of a strong bullish run. Watch for resistance levels at $0.4799, $0.5421, and $0.5946. Don't miss this opportunityby VIPROSE11
ALGOI am expecting a short term bullish move to 0.46$ and a dump to the $0.20 support. But if algo is bullish enough to break that resistance then $0.90 is the next resistance which wont be hard to be broken. We will have to waitLongby MISANTHROPE34
ALGOUSDT.4HThe 4-hour chart for Algorand (ALGO) against Tether (USDT) illustrates a significant downtrend marked by lower highs, with the currency testing crucial support levels. The technical structure indicates potential further weakness unless a change in momentum is observed. Price Action and Trend: Algorand's price has been consistently forming lower highs, which is a classical indication of a bearish trend. This pattern is reinforced by the downward sloping resistance line, signaling sustained selling pressure. Key Technical Levels: Resistance Levels (R1): R1: $0.3439 - Acting as the current near-term resistance, marked by the recent peaks forming the descending trendline. Support Levels (S1): S1: $0.2842 - A key support level that has been tested multiple times. A break below this could lead to a sharper decline, potentially targeting lower historical support levels. Technical Indicators: MACD: The MACD line is below the signal line and close to crossing below the zero line, suggesting bearish momentum. The histogram also confirms the declining momentum, indicating potential further losses. RSI: Currently just below 50, hinting at a bearish bias but not yet in the oversold territory, which might provide room for further downward movement. Volume: Observing volume levels will be crucial. Increased volume on downward moves would confirm bearish sentiment, while decreasing volume could indicate a weakening of the current trend. Conclusion and Forecast: The technical setup for ALGO/USDT suggests that the bearish trend may continue, especially if the price fails to break above the descending trendline and sustain levels above R1. The market's focus should be on how the price reacts around the support level at $0.2842. Trading Strategy: Bearish Scenario: Traders might consider short positions if the price fails to break the resistance and subsequently breaches the support at $0.2842, with potential targets at lower support levels. Bullish Scenario: A bullish reversal could be considered if ALGO breaks and holds above the descending trendline, particularly if supported by an increase in buying volume. This could target R1 and potentially higher resistance levels. Summary: The ALGO/USDT pair is currently in a bearish configuration with potential for continuation unless there is a significant reversal in market dynamics. Close monitoring of the resistance breakout or support breach will be essential for the next directional moves.by MarsSignals2
ALGO/USDT: Potential Holiday Price ActionBINANCE:ALGOUSDT Over the next two weeks, ALGO/USDT sits in a broad range after recovering from its ~0.28 low. On the upside, it faces resistance near 0.40–0.45, where previous selling pressure emerged. If buyers maintain momentum through the holiday season, price could challenge these higher levels. However, thin holiday liquidity and quick sentiment shifts could cause price swings in either direction. A pullback to the mid‐0.30s or even a retest of recent support around 0.32 remains possible if trading volume dries up or if market sentiment weakens. During Christmas and New Year, cryptocurrencies sometimes see reduced trading activity, which may lead to sporadic volatility. If year‐end optimism drives additional buying, ALGO could gradually edge higher. Conversely, a lack of participation or profit‐taking near year’s end could weigh on price. I personally will keep watch on daily closes around key pivot zones (like 0.35 or 0.40) can help gauge if ALGO’s trend is shifting. As always, it is wise to stay alert for sudden spikes and potential breakouts when trading activity resumes in full force after the holidays.by stuartdawsons114
SPOT ALGO LONG 22.12.2024Fixation after containment of sales. 🎯Purpose: 0.5098 ‼️Risk per trade: 0.5% of the allocated funds for spot trading. Thank you for subscribing and responding🚀.Longby Trades_for_Traders1
SPOT ALGO LONG 21.12.2024Fixation after abnormal activity. 🎯Purpose: 0.6704 ‼️Risk per trade: 0.5% of the allocated funds for spot trading. Thank you for subscribing and responding🚀. Longby Trades_for_Traders1
ALGO/USDT Chart Analysis $ALGO/USDT shows potential for a bullish breakout after the retracement phase. The support at $0.3099 USDT offers a strong buying opportunity, with targets at $0.4960 USDT and $0.8059 USDT. The price action around the key Fibonacci levels will determine the next direction. Longby Whalesdesk13
ALGO/USD$ALGO/USDT shows potential for a bullish breakout after the retracement phase. The support at $0.3099 USDT offers a strong buying opportunity, with targets at $0.4960 USDT and $0.8059 USDT. The price action around the key Fibonacci levels will determine the next direction.Longby VIPROSE12
Can ALGO Break Free? Bulls Eye $0.531, but First $0.453! Algorand ALGO is tiptoeing around $0.4288, the mid of the range zone with slow and choppy price action. 1 A decisive break above $0.453 could give the bulls a reason to celebrate, clearing the path for a run toward the next resistance at $0.531. If momentum builds, we could see ALGO stretching its legs and aiming even higher (Green Projections). 2. On the flip side, if $0.398 fails to act as a safety net, things could get bearish short-term. Bears might take charge, dragging the price toward the next support at $0.32. That’s where traders may want to look for potential signs of life and opportunity to DCA (Red Projection). To sum it up: $0.453 is the hurdle bulls need to clear for upside excitement, while $0.398 is the line in the sand for buyers. It’s ALGO’s time to decide—will it climb higher or hit the floor? Stay tuned!by Trade-LeanUpdated 6
ALGO ABC CorrectionFor retesting last resist become support, its good to perform this scenario ABC correction will happen if support now holding breakout and not breakout 0.29 Then I think it will sideways a bit before next legby Calon_SultanUpdated 5
long idea for algo/usdt We are in a retest after the double bottom break. A pullback may continue until 0.618 of this movement, but then I expect it to start an upward movement. This is not investment advice.Longby Japon_Ev_Hanimi5
algoIt has a series of targets in the upper time frame that we have specified. Now it is making a pullback in the lower time frame. For now, it can go a little lower as long as it does not break the upper red box. If the green box breaks, its money will increase. So for now, we are between the green and red boxes. If it breaks on either side, the next numbers will be activated.by hosseinghaffari674
SPOT ALGO LONG 17.12.2024Fixation after containment of sales. 🎯Purpose: 0.5254 ‼️Risk per trade: 0.5% of the allocated funds for spot trading. Thank you for subscribing and responding🚀.Longby Trades_for_Traders2
Algo:Bullish Momentum Intact for a Potential Upside continuationAlgo/USDT has been one of the standout performers among altcoins over the past month, with the price soaring by over 500%. After peaking just above $0.60, the coin experienced a healthy correction, forming a local low at $0.35, a level slightly above March's high. Following this correction, BINANCE:ALGOUSDT entered a consolidation phase, creating a base around the $0.40 mark. This consolidation suggests the market is gathering strength for another potential upward move. Currently, the price action indicates that Algo/USDT may be preparing for a new leg higher, with a likely target at the significant resistance near $0.70. From a strategic perspective, I remain bullish as long as the $0.32 support level holds firm. The suggested approach is to buy dips, capitalizing on opportunities within this uptrend. Key Levels to Watch: - Support: $0.35 (recent local low), $0.32 (critical support) - Resistance: $0.60 (previous high), $0.70 (major target resistance) Longby Mihai_Iacob13
ALGOUSDT | Personally Loading Here | Mid Term (1D)ALGOUSDT | Personally Loading Here | Mid Term (1D) As part of my profit taking strategy, I like to go through and map out potential levels of interest based on semi-bullish to very bullish mock up price action using fractals and fibs. Based on concept of money flow... BTC, then ETH, then Large Caps, Then Mids and Smalls, I am personally heavier skewed loaded up on mid to small cap coins with bullish chart setups and high profit potentials. I think its getting close for ALGO to make another move... This looks like a good area to load up for me personally. Additional altcoin near term and midterm chart ideas listed below. XUSDT | Personally Loading Here | Mid Term (1D) DEGENUSDT | Personally Loading Here | Mid Term (1D) DARUSDT | Personally Loading Here | Mid Term (1D) VRAUSDT | Personally Loading Here | Mid Term (1D) DRIFTUSDT | Mapping Out Possibilities | Near Term (4HR) XUSDT | Mapping Out Possibilities | Near Term (4HR) OLUSDT | Mapping Out Possibilities | Near Term (4HR) GRASSUSDT | Mapping Out Possibilities | Near Term (12HR) ALGOUSDT | Mapping Out Possibilities | Near Term (12HR) GRASSUSDT | Mapping Out Possibilities | Mid Term (1D) XUSDTUSDT | Mapping Out Possibilities | Mid Term (1D) MYRIAUSDT | Mapping Out Possibilities | Mid Term (1D) GHSTUSDT | Mapping Out Possibilities | Mid Term (1D) DOGSUSDT | Mapping Out Possibilities | Near Term (4HR) DEGENUSDT | Mapping Out Possibilities | Mid Term (1D) MANEKIUSDT | Mapping Out Possibilities | Mid Term (1D) CSPRUSDT | Mapping Out Possibilities | Mid Term (1D) WLDUSDT | Mapping Out Possibilities | Mid Term (1D) GODSUSDT | Mapping Out Possibilities | Mid Term (1D) AXSUSDT | Mapping Out Possibilities | Mid Term (1D) CHZUSDT | Mapping Out Possibilities | Mid Term (1D) OGNUSDT | Buy Now, Thank Later | Near Term (4HR) XCHUSDT | Buy Now, Thank Later | Near Term (4HR) VRAUSDT | Buy Now, Thank Later | Near Term (4HR) CSPRUSDT | Buy Now, Thank Later | Near Term (4HR) PERPUSDT | Buy Now, Thank Later | Near Term (4HR) TLMUSDT | Buy Now, Thank Later | Near Term (4HR) DODOUSDT | Buy Now, Thank Later | Near Term (4HR) LPTUSDT | Buy Now, Thank Later | Near Term (4HR) VRAUSDT | Buy Now, Thank Later | Near Term (4HR) XCHUSDT | Buy Now, Thank Later | Near Term (4HR) CSPRUSDT | Buy Now, Thank Later | Near Term (4HR) VELOUSDT | Buy Now, Thank Later | Near Term (4HR) UMAUSDT | Buy Now, Thank Later | Near Term (4HR) OGNUSDT | Buy Now, Thank Later | Near Term (4HR) DOTUSDT | Buy Now, Thank Later | Near Term (4HR) VIDTUSDT | Buy Now, Thank Later | Near Term (4HR) Longby Trevictus4