ALGO gap fill scrubbed out.Working on this alert and it helped me catch a change of character to enter a short early. ATOM is pressing into the support zone now, I took some profit here.
If it breaks it'll potentially run down towards 0.22.
Can't predict the future, but one for your watch list.
Fear into the fed meeting - 25-50bps priced in but the cpi data may make the market go short fast, and especially if they hike another 50bps.
ALGOUSDT trade ideas
Algo is planning for a riseHello Traders!
Welcome back to another episode with Analyst Aadil1000x.
Today we are setting a buy limit in Algo from the key reversal Area. This rise will move at least 2% and the final target will give us a 1:6 Risk reward.
Algo Buy Limit 0.2206
Stoploss 0.2190(-0.73%)
Target 1, 0.2252(+2.1%)
Final Target 0.2306(+4.56%)
Don't forget to hit the like button and follow to stay connected.
ALGOUSDT is testing the rangeThe price is testing the resistance inside the range after a new lower low
How to approach it?
IF the price is going to have a breakout, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
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Follow the Shrimp 🦐
ALGOUSDTPERP LONGALGO just reached its bottom zone which also means, we can start considering on accumulating on this coin.
All time low is .1948.
Entry 1 - .2200
Entry 2 - .1948
TP1 - .3120
TP2 - .4487
TP3 - .8429
TP4 - 1.2306
and beyond
Use low leverage and 1-3% your port only. HAPPY TRADING!
#TAYOR
ALGO - let's make a pumpEverything move price is done on small volumes. So as not to spoiler the buyer.
I wonder if the project will have any updates soon or if it's the time of the pump)
Accumulation on this trendline(red collor) will open the way to the level of 0.2494.
And there and to the impulse of 5% will be able to do it on easy.
If you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your
ALGO/USDT good to long soon! Hey Traders,
First coin for today is ALGO token. Well we see a good possibility for this coin to break EMA100 zone where it is sitting currently after what it should go for a try to break that pink resistance zone.
Once those zones are secured next target would be EMA200 zone where we might see some sort of correctional movement.
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.
ALGO Ascending 🔺️👇⚠️👇Hi dear traders
The price has formed an ascending triangle pattern.
If it does not break the 0.29 resistance area, the price can go down to the specified support area.
If the resistance is broken, the price can rise to the 0.27 area.
Wait for confirmation and failure to enter.
EMA100 has the role of resistance.
Let's see what happens
This is not financial advice ( DYOR )
Good luck
Algorand (ALGO) - November 28Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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(ALGOBTC 1W chart)
In order to get the power to rise, it must be supported by rising in the range of 0.0000 1970 to 0.0000 2452.
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(ALGOUSDT 1W Chart)
In order to continue the uptrend, it needs support by rising to the 0.4253-0.6132 zone.
To do so, the key is whether it can rise above 0.3310.
(1D chart)
We need to see if the price can sustain it by moving above 0.2651.
If not, you need to check if there is support around 0.2140.
Since the HA-Low line is located near 0.3101, it should either move sideways until it declines or swing it up and down to make it fall.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If this chart is shared, 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.)
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$ALGO- updateimagine your stop is at .2049
you've been dca you levered position since $1.72 trying to keep the faith
most likely will stop you out and some more ..
.2050 first zoi
.16 - .34 possible rally
macro bottom ain't in until the fat lady sings:)
deviation below and reclaim of blue line should be a good trigger imo
either way holding some of this and going to add at .2050 leaving the leverage for after we reclaim 18k and above .. dominance bounce would mean alts suffer and the btc pairs have room to go down .
sell the news dump in regards to the world cup maybe as we reach the semi's this pumps
Algorand (ALGO) Price PredictionAlgorand (ALGO) Price Prediction
Algorand (ALGO) holds the 30th position on CoinGecko right now. ALGO price prediction 2022 is explained below with a daily time frame.
The falling wedge is a bullish pattern . Together with the rising wedge formation, these two create a powerful pattern that signals a change in the trend direction. The falling wedge pattern occurs when the asset’s price is moving in an overall bullish trend before the price action corrects lower. Within this pullback, two converging trendlines are drawn. One of the main features of the falling wedge pattern is the volume , which decreases as the channel converges.
Currently, Algorand (ALGO) is in the range of $0.2394. If the pattern continues, the price of ALGO might reach the resistance levels of $0.3150. If the trend reverses, then the price of ALGO may fall to $0.2190.
Happy Trading
ALGO BULLISH REVERSAL !Hello Traders, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
ALGOUSDT, as we clearly see price is overall bearish trading around a massive support zone
So, as we can see in the picture
For a short-term perspective we need a break above the first neckline which is the first swing high
For the bulls to kick in
Second neckline for the bulls to kick in from a medium-term perspective we need a break above the upper neckline
Until that happens, we are still bearish, and we can still trade lower and lower to dive inside the support zone
And as usual follow your trading plan and manage your risk.
Be patient and good luck!