$algo about time this broke bad got a bag last nite just didnt post it since its been disappointing us for an eternity going to take half off at 42c Longby CompoundingGainUpdated 226
Do you believe in the reverse head and shoulders pattern?The EURONEXT:ALGO has now clearly formed an inverted shoulder cypress pattern. Do you see it too? I see the break of the neckline, which is a buy signal for me, but on the other hand, it is still below the monthly resistance. Considering the many surprises of Bitcoin and the fact that Bitcoin is forming a new ceiling and every time the new ceiling of Bitcoin is accompanied by the correction of the market, I could not decide to buy. But it tempts me greatly.by sattarbagernia12
ALGO🛩️For the past week, the algo/usdt has been hindering short traders from entering the market. Now, I believe it is time to anticipate a downward chop🪓. Shortby Ener-tradersUpdated 2
202403 - ALGO Breakout > PumpALGO breakout resistance zone, time to fly now. Expect target 20-30-50%Longby Rockybullcrypto4412
CUP With the successful crossing of the previous red line, we see a 200% growth.. Now the probability of forming a cup and handle pattern is very high.... We are waiting for a firm crossing of the red resistance of the edge of the cup.Longby akbarkarimzsfeh5
ALGO update; BullishALGO broke the $0.2610 level and the next couple of target are highlighted on this chart! Please share your opinion too.Longby EllieAsl3
ALGO will fly to another planet 🤑ALGO will fly to another planet 🤑 Breakout of neckline Breakout of residence I will buy now . If price will drop to 0.2436 I will buy more. See you on the Moon 🌙 Longby EtoYa777113
ALGO: Resistance BreakoutTrade setup : Following a bullish breakout from a Falling Wedge pattern, price resumed its Uptrend. Now it broke above $0.25 to signal continuation of that uptrend, with +20% upside potential to $0.30 near-term and $0.35 mid-term. Stop Loss (SL) level at $0.225. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $0.20 (previous resistance), then $0.17. The nearest Resistance Zone is $0.25, which it broke, then $0.30.Longby altFINS5
Algorand Cup and Handle Cup and handle pattern on BINANCE:ALGOUSDT looking to break out top end of resistance. by ladyf0rtuna4
algo looks bullish for coming months Looking Bullish For Coming Months Descending Channel Breakout Has Already Confirmed Quick Retest Going On Now Testing Horizontal Resistance Too Once Horizonal Resistance Got Cleared Too Massive Bullish Rally Can Start Expecting 300-350% Bullish Wave Incase Of Successful Breakout Longby Worldofchartsfx2221
ALGO IS BULLISH #ALGO TARGET ARE: T1 : 0.45 T2 : 0.67 I think it is very bullish Longby omosamajaaferh0
ALGOUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: Find your entry point yourself (im in pos from 0.184) Targets: 0.34 - 0.46 - ~0.7 after first target reached move ur stop to breakeven Stop: (depending of ur risk). ALWAYS follow ur RM . risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. DYOR!Longby trytofeelpositive3315
ALGOUSD 1WALGO ~ 1W 📈 #ALGO Forms H&S Pattern at larger times. We expect a Break of the Resistance line on this pattern. which would confirm the Bull is coming soon. Make purchases in stages here, with a minimum target of 20%++Longby CryptoNuclear112
ALGOUSDTI think if it manages to go back above the resistance it will re-test and fly. But no going in before the re-testLongby Alhassan1Updated 226
ALGO/USDTALGO is currently holding a significant support level following a recent correction, showcasing potential for another upward move. Considering the favorable conditions, exploring a long position in this zone seems promising for a ride towards the next two red zone targets. As always, prioritize effective money management practices and incorporate a strategically placed stop loss. Identify your entry point thoughtfully and set a well-defined stop loss. Consider taking profits at the first target and, in the event of a strong closure above the initial target, reassess for a potential re-entry. Alternatively, adjusting your stop loss to safeguard your gains is a prudent strategy. Stay proactive and stay informed! #ALGO #TradingStrategies #CryptoLongby Seahawks_Updated 2
A closer look at the potential of ALGO.People are jumping with joy today as FLARE has made a more than 300% in gains as of late, but when you see what ALGO is about to do, you won't give a second look at FLARE again. Not to put down FLR, I hold a bag myself, but only to use it as a comparison. Just taking a gander at this chart, even the most rudimentary of assessments come to realize really quickly that there is definitely potential here. Even if the cup & handle formation fails, the chart gives you some really great tips about exit and entry points on long, and short positions. Enjoy traders, and always use a stop.Longby MetaShackleUpdated 225
ALGO/USDT Downward for retesting phase. Keep on eye the demand!💎 ALGO has been drawing considerable attention in the market lately. Currently, ALGO is on a downward trajectory, heading towards the demand area at 0.1550 for a retesting phase. This move follows a significant breakout and subsequent rejection at the Bearish OB area. 💎 If the retest proves to be valid, ALGO needs to bounce back from this demand level to resume its upward movement, probability reattempting to break out of the Bearish OB area, which is the targeted goal. 💎 However, if ALGO fails to rebound during the retesting phase at the 0.1550 demand level, it could signal a negative trend. A failure to maintain this demand level might indicate a shift back to a bearish trend, with the next potential downward target being the support area. 💎 The support area becomes critical for ALGO's trajectory. A successful bounce and recovery above the 0.1550 demand level are necessary to avoid further declines. If ALGO fails to regain and hold above this level, it could lead to a continued downward movement, possibly reaching lower levels previously seen.by MyCryptoParadise_NathanUpdated 9
ALGO target 0.41D time frame - We are currently gaining almos 60% profit from ALGO since last entry on Jan 27, as below. - Furthermore, ALGO is breaking above the neckline of this potential head and shoulders structure, which means here is an opportunity to add positions or set up a new trading plan. - TP: 0.4 / 0.45 SL: 0.215Longby EthanTW9
ALGO LOOKS BULLISHOn ALGO, we have a diamond diametric, and it seems that we are now in the E wave of this diametric. On the green box, it is expected that the F wave will end and we will enter the bullish F wave. The targets are clear on the chart Closing a daily candle below the invalidation level will violate the analysis. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank YouLongby behdarkUpdated 2224
ALGO ready for breakouthi dear trader this price action for algo withb usdt pair algo ready for breakout downtrend channel there are entry and target and stop loss found in this chart What Is Algorand (ALGO)? Algorand is a self-sustaining, decentralized, blockchain-based network that supports a wide range of applications. These systems are secure, scalable and efficient, all critical properties for effective applications in the real world. Algorand will support computations that require reliable performance guarantees to create new forms of trust. The Algorand mainnet became live in June 2019, and was able to handle almost 1 million transactions per day as of December 2020. Algorand transaction metrics can be viewed here. Algorand initial coin offering (ICO) was held in June 2019, with the Algorand price of $2.4 per token. goodluckLongby mehdi_kb9
ALGO: Resistance BreakoutTrade setup : Price is in an Uptrend. Following a bullish breakout from a Channel Down pattern, price has also broken above $0.20 resistance to signal continuation of uptrend, with + 20% upside potential to $0.24. Stop Loss (SL) at $0.18, just below prior swing low. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $0.17 (previous resistance), then $0.15. The nearest Resistance Zone is $0.20, which it broke, then $0.24.Longby altFINS119
ALGOUSDT Long-term and Short-term ViewI think ALGO is a great project but I know it has been a frustrating investment journey. I believe we have completed an ABC correction off the launch price and now we are in the first wave of a new impulse to new highs. The target of this wave is the 0.382 retracement (around $1.19) from the B wave, which was a zigzag correction. I think we have completed wave 1 of this first impulse and are entering wave 3, for which the target is around $0.83. It is possible it might not be on the way up yet; price is currently at resistance and there could be more corrective price action before we head higher.Longby cultureofwoods2219
ALGO // Bearish Momentum on 1h // Possible SHORT Technical Analysis Summary: My technical analysis of ALGOUSDT on the 1-hour timeframe reveals bearish signals with the potential for price decreases. Here are my downside targets: Target 1: 0.20297 Target 2: 0.20164 Target 3: 0.19857 Supporting Indicators Relative Strength Index (RSI): Sell signal (42.932) Stochastic Oscillator (STOCH): Neutral (52.707), but could turn bearish Stochastic RSI (STOCHRSI): Oversold (0), suggesting a potential bounce before downtrend resumes Moving Average Convergence Divergence (MACD): Despite a 'Buy' signal (0), the overall trend leans bearish. Average Directional Index (ADX): Moderate trend (34.361). Williams %R: Deep in oversold territory (-95.181), potential for a short-term bounce. Commodity Channel Index (CCI): Strongly negative (-191.269), a bearish sign. Average True Range (ATR): Low volatility (0.0024) could mean limited price swings. Contrarian Viewpoint Potential factors that could challenge the bearish trend include: Unexpected positive news or a market-wide upward movement Short covering leading to a temporary price bounce Important Reminders Timeframe: Consider longer timeframes for a broader perspective. Volatility: Be mindful of cryptocurrency market volatility. Utilize stop-loss strategies, especially with short positions. Fundamentals: Monitor news and events influencing ALGO and the crypto market. Disclaimer: This analysis is for educational purposes. Trading carries risks. Conduct your own thorough research before making any decisions. Let's Discuss Do you see this bearish trend continuing? What are your thoughts on the potential downside targets?Shortby AlgoBotTradingUpdated 4