ALGORAND is About to Explode!
🚀 ALGO/USDT Potential Breakout Signal:
After a careful analysis of ALGO/USDT price action, it appears that a significant move is on the horizon. ALGO has recently broken out of a Falling Wedge pattern, and all signs point to an imminent bullish surge. The key price levels to watch closely are 0.102 and 0.108.
🎯 Mid-term Price Targets:
Target 1: 0.116
Target 2: 0.137
Target 3: 0.159
Target 4: 0.181
🛡️ Risk Management:
Consider initiating small spot buys as the price action develops. If the price experiences a temporary drop, consider Dollar-Cost Averaging (DCA) to achieve an average buying level. It's advisable to set a stop-loss just below 0.090 to manage risk and protect against potential pullbacks from this support level.
Stay tuned for updates as this promising move unfolds! 📈
After a careful analysis of ALGO/USDT price action, it appears that a significant move is on the horizon. ALGO has recently broken out of a Falling Wedge pattern, and all signs point to an imminent bullish surge. The key price levels to watch closely are 0.102 and 0.108.
🎯 Mid-term Price Targets:
Target 1: 0.116
Target 2: 0.137
Target 3: 0.159
Target 4: 0.181
🛡️ Risk Management:
Consider initiating small spot buys as the price action develops. If the price experiences a temporary drop, consider Dollar-Cost Averaging (DCA) to achieve an average buying level. It's advisable to set a stop-loss just below 0.090 to manage risk and protect against potential pullbacks from this support level.
Stay tuned for updates as this promising move unfolds! 📈
Note
Potential breakout is happening now in 
ALGOUSDTNote
Quite tense days on ALGO / USDT! Making solid gains here and it still got some room for growth! Chart update, new pattern: Note
ALGO / USDT Update!
We've hit all our previous entry targets and brought home a fantastic 100% profit! 📈
Now, let's pivot and set our sights on the next targets:
🎯1 - 0.248
🎯2 - 0.297
🎯3 - 0.423
🎯4 - 0.660
Current price: $0.213.
Don't forget to set your stop loss below 0.144. 🚨
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.