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ALGUST trade ideas

ALGO ANALYSIS (update)🔮 #ALGO Analysis 🌟🚀 As we sail earlier, #ALGO performed the soo well & 78% Profit booked. Currently #ALGO is trading around its consolidation point. We could expect a breakout and reach towards resistance 1 zone and could expect a potential bullish move📈 Expect a bullish wave of around 20-25% in the coming days 🔖 Current Price: $0.2254 ⏳ Target Price: $0.3200 🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments. #ALGO #Cryptocurrency #DYOR
Long
by ZEUS_Market_Alerts
Alikze »» ALGO | Scenario 3 or C bullish - 1W🔍 Technical analysis: Scenario of the first cycle bullish wave 3 or C - 1W BINANCE:ALGOUSDT In the daily time frame, the ascending channel is moving. - In the analysis presented in the previous post , after reaching the dynamic trigger, it faced selling pressure and, after a correction of 0.23 Fibo of the previous wave, it was able to continue the upward movement to the supply area. - Considering the previous movement structure, which had an upward cycle to the 33 cent range, after which it made a three-wave downward correction cycle. 💎After that, by forming a Double Bottom, it was able to touch the middle of the channel and the neckline by creating demand. 💎Considering the momentum, this movement cycle can continue to the ceiling area of ​​the ascending channel and the supply area, and then with a temporary correction in the middle of the channel, it can continue the upward path to the second supply area. ⚠️In addition, if the price enters the Invalidation LVL range during this upward phase, the bullish scenario is invalidated and must be re-examined and updated.⚠️ »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»«««
Long
by alikze
3 identical rectangles, from accumulation to top of run3 identical rectangles, from accumulation to top of run. we can see the gains ALGO had after an accumulation period. copy that rectangle to today after the long accumulation we had we can see 1,5-1,6 dollars is an easily achievable price. My opnion? we will go much higher than that, altcoin season is slowly coming while btc.d is declining. i do not see btc dropping anytime soon especially when big companies like microstrategy have bought huge sums of it. GL ALL
Long
by MikaelXrpKing
Algorand (ALGO) Surges 1650% at 10x Leverage!Algorand (ALGO) Trade Overview: Algorand (ALGOUSDT) delivers an explosive performance, achieving a phenomenal 1650% gain at 10x leverage using the Risological Trading Indicators . The 4-hour timeframe captured this breathtaking rally as ALGO hit all targets and surpassed expectations. Key Levels: TP1: 0.1247 ✅ TP2: 0.1364 ✅ TP3: 0.1482 ✅ TP4: 0.1555 ✅ Technical Analysis: The trade was initiated as ALGO broke past the Risological Green Lines, confirming a strong bullish momentum. The gradual upward curve of these lines provided early indications of sustained buying pressure. The price surged consistently, clearing all the predefined targets with ease. This move reflects a textbook breakout scenario, powered by volume spikes and an aligned bullish sentiment in the market. Traders leveraging Risological tools were well-positioned to capture this remarkable upside, securing massive profits.
Long
by ProfitsNinja
$Algousdt trade ideahi everyone, we have seen good rally on EURONEXT:ALGO recently, however Im expecting a pull back till $.16 and than start rising until $.25 you can see my exact enter and exit price on the chart. ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** #trading #BTC #bitcoin #coin #scalping #crypto
Short
by Taylan_K
ALGOUSDT Surges by 82.83%The cryptocurrency ALGOUSDT has experienced a powerful rally, rising by an impressive 82.83% and achieving a price of $0.21900. This significant growth marks the successful attainment of the second target, reinforcing its bullish momentum. Despite reaching this milestone, ALGOUSDT shows no signs of slowing down, with the uptrend still intact. The trade remains open, as further potential for upward movement is anticipated. This remarkable performance highlights the strength and optimism in the market for ALGOUSDT. Traders are encouraged to monitor this dynamic asset closely.
Long
by SafeCryptoSignals
Algorand Confluence StrongIt's quite the busy chart but it's all about confluences. And right now I'm seeing strong confluence, which is a vote of confidence for me. Bullish divergence with RSI signalling 5th wave completition (corrective) Falling wedge boundaries being respected RSI climbing slowly but surely Bounce off .786 fib retracement and making a HL (need to see HH next) RSI is now bullish on the 2D TF and up If this is wave 1 of the current cycle and with a severe correction to .786 Fib, Algo won't correct much at wave 4. Meaning it's up and only up from now on till the fifth wave sometime in 2025. This NFA!!
Long
by LockedAndLoaded
2
ALGOUSDT:Will the Bulls Lose Their Momentum? Yello, Paradisers! Are we on the brink of a breakout, or could the bulls be about to lose their steam? Let's break down the current situation and find out where BINANCE:ALGOUSDT is heading next. 💎#ALGOUSDT has been tracking a symmetrical triangle pattern, signaling a high probability of an upcoming breakout. Right now, the price is gaining momentum at the ascending support, which could set the stage for a bullish push. If this momentum holds, we could see the price breaking above the triangle, potentially setting off a significant upward move. However, it's important to note that we’re not in full breakout mode just yet. 💎For a confirmed bullish move, we need to see a strong break above the symmetrical triangle and the internal supply area at $0.1458. This move should be backed by solid buying pressure, such as strong engulfing candles and consistent momentum. Until these conditions are met, caution is warranted, and jumping into positions too early could be risky. 💎But what if the bulls lose their grip? If ALGO fails to breach the triangle and internal supply level, it could signal weakening momentum, inviting sellers to step in. The critical level to watch is the lower support at $0.1111, a historically strong area. If the price bounces from here, the bullish outlook could remain intact. However, a break below $0.1111 would invalidate the bullish setup, potentially leading to a sharp decline. The next move for ALGO will be pivotal, Paradisers. Whether we see a breakout or a reversal, maintaining a strategic approach with disciplined risk management is essential. The difference between winners and the rest will come down to patience and the execution of a well-thought-out plan. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
ALGO_ USDT _ Distribution _ Prices_ Under _ Trading _ Venue _ BiALGO_ USDT _ Distribution _ Prices_ Under _ Trading _ Venue _ Binance. This is based on private request. It is early to go longer for the future prices, Year 2022 + 2021 first need to become a support in order to be able to see the future prices. Drop require to the level of $0.2697 ______________________ Distribution prices ( Next Prices) : $0.3342 $0.3909 ______________ $0.5213 ( May go little higher) I will revisit, just drop me a reminder.
Short
by Skill-Knowledge-Conduct
Algorand testing the 4 Hour Resistance at USDT0.1043, breakout?Take noted the below is not an investment advise, bet at your own risk. I am solely not responsible for any of your loses in money or assets. The Current Algorand price is USDT0.1004 as of 8 October 2023. The Algorand have potential to breakout from USDT0.1004 to USDT0.2185 range in the coming 1 to 2 months before the Fed's FOMC in November 2023. This is because the US court has ruled that SEC need to approved Bitcoin ETF from Grayscale. This is a very strong tailwind for the entire cryptocurrency market. The price will hover between USDT0.1004 to about USDT0.2185 within this period. The other Potential strong tailwind is the pause of US Fed's rate hike this coming November 2023. This along with the Bitcoin ETF approval will drive and test the resistance level at USDT0.2185. If there is a breakout then the next level of stronger resistance based on the dynamic resistance will be at USDT1.4052. Currently there is no potential strong headwind in the cryptocurrency space. The only potential strong headwind is the S&P market falling to around 3900 to 3850 because of higher rate for longer by Fed's US. If next 1.5 months down the road if there is other or fews strong headwinds appears then the price might breakout from USDT0.0778 and head much lower maybe even USDT0.01 is possible. This is highly unlikely to happen since everyone is anticipating a positive news of strong tailwind from the Grayscale Bitcoin ETF win over SEC. Currently don't see any much potential of future strong headwind. USDT0.0778 is not a strong support level based on the 4 hour chart of Algorand. I would only start buying a little at USDT0.0778 and reassess for 2 to 3 weeks before buying more. If by the time Algorand reach USDT0.0778 and the S&P most likely have no reach 3900. The buying scenario above might not happen in this month October 2023 cause everyone will not be selling because of a very potential Bitcoin ETF in the market soon but don't know when only. Based on current market condition it is highly unlikely to get a low that surpasses last year bottom.
Long
by juntech8