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Algo

Algousdt | Getting Ready Algousdt Getting Attention of Buyers, Big traders are showing interest in Algo Hope to see a breakout very soon. Wait for Breakout Incase Of Breakout Expecting Massive Bullish Move. Remember: We only give ldea's from our experience and knowledge, it does not mean that it will be 100% correct, the market is always unpredictable, anything can happen anytime. Always trade with your own research and knowledge. If You Are Satisfied With Our Work Then Join
Long
by Crypto-By-Ghazi
Algo Breakout has occurred. What am I waiting for?Traders, Algo has broken the triangle definitively. But I hesitate to enter for several reasons: 1. That 50 day coming down hard 2. Still not above .227 cents level 3. Need at least one confirmation candle on the daily above .227 and preferably above the 50 day ma. 4. Still expect BTC to draw back more. 5. Headed OOO for the next week and a half and I don't want to be tracking trades during this period if I don't have to. I wouldn't blame anyone who follows me to want to enter here. I am just not. Yet. Stew
by stewdamus
2
ALGO: The Long Term Bet I Would Love to MakeBy the time of writing, ALGO has already down 95% from its ATH in 2019. Meaning, if we buy now, and it goes back to ATH, we can profit up to 20x our investment. A very good deal, don't you think? In addition, Algo is now sitting at a multi-year weekly support. Even if Algo does not manage to reach its ATH, but only to let's say its weekly resistance, the potential profit is already 500%. I really think that this is a very good deal, personally. For better confirmation, we can wait for these indicator/condition to be fulfilled: - Break of the white trendline - Break of 21 EMA and/or surge in buying volume
Long
by Evolutiontrading-Indonesia
ALGO is in a downtrend and oversoldALGO's current price is 0.2070, below the 0.2938 Fibonacci retracement level, indicating that the asset is a downtrend. Additionally, the RSI is at 30.95, below the 50 level, meaning that the asset is oversold. The upper Bollinger band on the daily timeframe is currently at 0.2950, while the lower Bollinger band is at 0.2063, indicating a wide range for potential price movements. The middle Bollinger band, at 0.2506, represents the 20-day moving average and is currently acting as a resistance level for the asset's price. The volume oscillator is at -6.30%, which indicates a decrease in trading volume. The MACD is currently at -0.0104, below the signal line, showing bearish momentum. The stochastic oscillator, at 2.41, is below the oversold level of 20, indicating that the asset is oversold. It's worth noting that the Algorand Foundation has recently issued an action statement on a security exploit, which could impact the asset's price in the short term. Traders and investors should monitor the situation closely to determine if further action is necessary. Overall, ALGO is in a downtrend and oversold, with a wide range of potential price movements. Traders and investors should exercise caution and closely monitor the situation to determine if further action is necessary.
by MonoCoinSignal
3
To turn into an uptrendHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (ALGOBTC 1W chart) There is no power of ascension itself. So, after March 13th, we need to see if it can rise above the downtrend line and rise above 0.0000 1448. In order to dissipate the rising power, it must rise above 0.0000 1970 ~ 0.0000 2886. Therefore, it is expected that the price should be maintained above 0.0000 1448 to start gaining momentum. -------------------------------------------------- -- (ALGOUSDT 1D chart) It is showing a move to break out of the mid- to long-term downtrend. However, in order to turn into an uptrend, the price must be maintained above 0.3091-0.3557. If it fails to do so and falls below the downtrend line, be cautious as there is a possibility of renewing lows. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator includes indicators that indicate points of support and resistance. ** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at (). (Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.) ---------------------------------
by readCrypto
2