#ALGO #ALGORAND stay above .30 long and stay below .29 shortWith BTC not being clear a better trade setup is based on range breakout or break down. I think if it stays above .30 long and stays below .29 short.
ALGOUSDT trade ideas
ALGO position closed @ .30 for +70%Momentum has halted and my order hit for .30 USDT. Such an amazing set of trades. I expect a move up from here.
Algo fundamentalALGUTAND TEITIEM FIFA Launches NFT Platform on Algorand in Run
- Up to World Cup ! ...
With the 2022 World Cup just months away , FIFA , soccer's global governing body , has announced it will launch an NFT platform for soccer - themed digital collectibles . " Just like sports memorabilia and stickers , this is an accessible opportunity for fans around the world to engage with their favourite players , moments and more on new platforms , " said FIFA's Chief Business Officer Romy Gai , in a statement . so funda says , Algorand is now an apt option for possible growth , even in this bearish market for couple month ahead !
Technical POV :
Although I've already analyzed Algorund on the weekly timeframe before , but also in the daily perspective , we can see more obviously , ALGOUSDT is trading on a support zone and struggling with a descending trendline , so if holds this current lvl and breaks out this line then can see higher prices and Resistance zones !
Good luck with your trading and investing and remember : Trade smart ... OR JUST DON'T TRADE !
I emphasize that this will happen if the analysis of the fund shows a reaction and is welcomed by the people, and there are still problems from a technical point of view
ALGORAND- Time for the World Cup Trade?We live in the age of marketing amongst other things... including Blockchain.
I like to buy the news at the right level, based on my chart. ALGORAND chart today looks like this could be the time. After all i was short when most were buying those Fifa news earlier than they should had:
FIFA WORLD CUP:
As you probably already know FIFA has teamed up with blockchain technology company Algorand to agree a sponsorship and technical partnership deal.
The agreement means Algorand will become the official blockchain platform of FIFA and provide the official blockchain-supported wallet solution. As per the sponsorship agreement, Algorand will be a FIFA World Cup Qatar 2022™ Regional Supporter in North America and Europe, and a FIFA Women’s World Cup Australia and New Zealand 2023™ Official Sponsor.
Blockchains allow non-editable data to be permanently recorded and distributed on digital networks, while also facilitating innovations and ensuring safe, untampered exchange of value and assets such as non-fungible tokens (NFTs), and through blockchain-enabled wallets holding digital assets.
As part of the agreement, Algorand will also assist FIFA in further developing its digital assets strategy, while FIFA will provide sponsorship assets including advertising, media exposure and promotional opportunities.
On the occasion of the announcement, FIFA President Gianni Infantino said: “We are delighted to announce this partnership with Algorand. The collaboration is a clear indication of FIFA’s commitment to continually seeking innovative channels for sustainable revenue growth for further reinvestment back into football ensuring transparency to our stakeholders and world-wide football fans – a key element of our Vision to make football truly global. I look forward to a long and fruitful partnership with Algorand.”
Take it easy but watch out for the potential breakout.
One Love,
The FXPROFESSOR
PS. Don't forget about this: and also remember to always take profit on time...
📉FIFA Launches NFTs on Algorand 🏆 (ALGO/USDT analysis 🚀 ) 📈FIFA Launches NFT Platform on Algorand in Run-Up to World Cup!
With the 2022 World Cup just months away, FIFA, soccer’s global governing body, has announced it will launch an NFT platform for soccer-themed digital collectibles.
“Just like sports memorabilia and stickers, this is an accessible opportunity for fans around the world to engage with their favourite players, moments and more on new platforms,” said FIFA’s Chief Business Officer Romy Gai, in a statement.
so funda says, Algorand is now an apt option for possible growth ,even in this bearish market for couple month ahead !
📊Technical POV:
Although I've already analyzed Algorund on the weekly timeframe before ,but also in the daily perspective ,we can see more obviously , ALGOUSDT is trading on a support zone and struggling with a descending trendline ,so if holds this current lvl and breaks out this line then can see higher prices and Resistance zones !
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💚 if you're fan of my analyses please follow me , drop a comment 🗯 and Boost me 🚀🚀
ALGO/USDT Analyst Daily 😮Hello to the respected members of Trading View🥱
ALGO daily time frame cryptocurrency analysis (logarithmic chart)
In the daily time frame, we see the candle closing above the red trend line, and the price has also reacted to its static support area of $0.31.
If the price stabilizes above the support area of $0.31, it will have the ability to realize the targets of $0.345, $0.36 and the resistance area of $0.38 (mid-term).
Otherwise, with the loss of the static support area of $0.31, we expect the price to hit the red trend line and also react to the green area of $0.27 daily.
Arztoday Team 🌹
ALGOUSDTALGOUSDT(09.10.2022 UPDATED)
Wait until price touches the trend lines then look for signal bar and key bar /Breakout and pullback to recognize direction of price movement.
Money Management must be obeyed.
Open position without setting the proper stop loss (1% or 2% of total balance ) soon or late will cause to lose all your money ( call margin )
Majority of trades is done via computer trading (forex / cryptocurrency)
priority in analyzing charts:
1- Price Action
2- Market structure
3- Chart patterns
4- Candlestick patterns
5-Divergence
6-Indicators
SETUP IN TRADING RANGE: BLSH
BLSH:BUY LOW SELL HIGH
ALGO/USDT#ALGO
investment coin
Divide the amount allocated for the deal into 3 sections
I entered with a portion of the current price and at each green line it is an entry point
Goals with blue stripes
🔴Note: This is a technical view that is subject to error before correctness. You are fully responsible for your decisions. I share with you what I do and see fit for my investment portfolio.
Arewa tradingviewAs we see this chart shown us like it's move up forward
But if look it, take all your mind and look it again then decide on yourself, I want hear something correct from you.
Algorand ALGO Key ResistanceI've noticed a key area here on ALGO. Great performing coin in the past and we have been consolidating at this double bottom for a while now. Keep in mind we may crash tomorrow
Algorand shortAlgorand bounced off the resistance level. Asset bounced off the descending trendline. Bearish movement to support level at 0.281 is possible.
ALGO/USDT : CAN BE LONG POSITIONIt's only analysis .if you think it's correct, you can enter the trade with suitable volume and stop loss.
ALGOUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for ALGOUSDT
In the current chart, there are R3 and R2 as our resistance areas that include the disability of the price to rise. R1 used to be a support line and S1 is the support area which represents the support of the price since the past. Now it is clear that the price is fluctuating below R1 and we believe it will rise to this line, as it used to do in the past. Here by receiving some signs to decline, we will predict a falling trend for the price to S1. In case the price moves above R1, then an increase may happen for it.
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
