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ALGUST trade ideas

Algorand (ALGO) - September 29Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (ALGOUSDT 1W Chart) The key is whether you can support and move up in the 0.3310-0.4253 zone. (1D chart) 0.4253 : volume profile point 0.3310: boundary point of the floor section 0.3091 : volume profile point Therefore, it is important to be able to support and move up in the 0.3091-0.4253 zone. As it has moved out of the mid- to long-term downtrend channel, if it finds support in the above area, I would expect a sharp move. However, if it fails to find support and falls below 0.3091, I would expect it to fall below 0.2140. However, as I mentioned in the description of the BTC chart, I think it is time for altcoins to gain support by increasing the BTC price by at least 20.7K. Therefore, before that, it is recommended to trade conservatively when trading altcoins. ------------------------------------------------------------ ----------------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator contains indicators that indicate support and resistance points. ** SR_R_C indicators are displayed as StochRSI(line), RSI(columns), CCI(bgcolor). ** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100). (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
3
💰ALGORAND analysis in One-hour time🔥🔰You can see Algorand's cryptocurrency analysis in a one-hour time frame (ALGOUSDT_ 1H)🔍💣 💥The price behavior is clear in the picture🧐 If the price can reach the DEMAND zone, it can experience an upward trend up to the Downward trend line🖤, and if it can break the Downward trend line🖤 upwards and stabilize❗ above it, it can have an upward trend up to the SUPPLY zone 🚀🔺 Do you think this analysis can be profitable❓ I hope the analysis was useful for you🤍🌹 📌Please introduce the channel to your friends 🙏🏻 __________📈TRADER STREET📉___________
Long
by TRADER_STREET
ALGOUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a one-day-time frame analysis for ALGOUSDT Based on our previous analysis on September 6, we expected a rising trend to happen and now you see the rise has happened here. As you see, R1 is our resistance line that includes the disability of the price in order to rise. And S1 is the support line at which the support of price is clear. Thus, we have the fluctuation of price below R1 and our prediction will be a fall toward S1 and then if we have some rising signs, we expect an increase for the price to R1. It is highly recommended to activate your stop-loss due to the unstable situation of market. 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
Long
by MarsSignals
ALGOUSDT | Wave Projection | 4.4 Wave Expanding DiagonalPrice action and chart pattern trading setup > A possible uptrend 4 wave with expanding triangle pattern ABCDE > Target take profit zone at 4.4-wave @ 0.382 - 0.5 retracement zone of previous wave 4.2-wave > The final downtrend 5 wave zone could be projected at 0.5 - 0.618 retracement zone between the recent lowest zone and original major 2-wave - dump & pump pattern is expected. > Indicator: MACD squeezed and gold cross the baseline with wider uptrend ribbon, most likely to continue rising for now. Always trade with affordable risk and respect your stoploss - nothing is 100%
Long
by dukeposh
$ALGO - Time to GOAL Hello my Fellow Traderz, With the arrival of the FIFA World Cup, keep your targets on the tokens which are directly or indirectly linked to the Championship. I have already made an analysis on one such token in one of my previous ANALYSIS. Today I've come up with $ALGO. #ALGORAND is officially the blockchain partner of FIFA WORLD CUP. So it is quite obvious MMs are burning the fuel for the leg up as the tournament is about to start. $ALGO ha already broke the Trendline Resistance 1 with solid amount of VOLUME which indicates that this Breakout is Valid. Now approaching towards Trendline R2. Also the Horizontal Resistance of $0.42 lies there. Break above $0.49 we do not have any resitances meanwhile and we could easily reach the next Major RESISTANCE Area of $0.70-$0.75. Happy Trading my FAM....CHEERS!!!
Long
by TRADER-GOKU
4