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ALGOBTC

The curious case for #ALGO #AlgorandSteady as she goes nice and slow right to the moon... eventually. Slow accumulation channel for the inevitable future? and I'm okay with the steady gains in fact i'm down right happy. Trending with on chart analysis, more and more folks are jumping into the passive income train through staking (ie high dividend re-drip investments). This is quickly making ALGO a go-to coin for hedging a savings account against fiat. I will be watching #Crypto Algorand's career with great interest. What do you think about COINBASE:ALGOUSD future? And dont forget the COINBASE:ALGOBTC looks just as promising! -Cheers Bruce
COINBASE:ALGOUSD
by goodluckbruce
1
ALGO: on the verge of a very powerful move !!!ALGO is a very very good project that has been adopted by the Marshal Islands for their currency. The federal reserve has deep ties to the project and the best engineers have left IBM to work on this project. ALGO will be huge ! ALGO pays 7.2% interest by simply holding the currency in the wallet. Price has been basing out against bitcoin for 18 months and has established a solid uptrend since January of this year 2021. It has been forming a bullish ascending wedge. The movement is SO BULLISH that it seems that it sometimes gets "OFF THE RAILS" and price has been SKIDDING and forming like waves around the bullish ascending wedge... .... lately it had broken out above the wedge, has been pushed down below the wedge and recently has started to make a very bullish move "around-the-apex" !! (green brushed line) Everything is signaling that ALGO could be ready for a shocking move !! Invest accordingly and safely !!
ALong
by Dangermousebanana
4
Algorand (ALGO) - May 12Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (ALGOUSD 1W chart) (1D chart) We should watch for movements that deviate from the 1.32179365-1.72007755 section between around 11th and 16th May. In particular, it remains to be seen if it can rise above the 1.47009413 point. If it falls at the 1.18903235 point, a Stop Loss is needed to preserve the profit and loss. -------------------------------------- (ALGOBTC 1W chart) (1D chart) 2374 Satoshi-2792 We must watch for any movement that deviates from the Satoshi section. In particular, it remains to be seen if it can rise along the uptrend line. If you fall from the 2374 Satoshi point, you can touch the 1970 Satoshi point, so you need to trade carefully. -------------------------------------- It is advisable to trade at your average unit price. This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden. The center of every trade starts with the average unit price you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
BINANCE:ALGOUSD
by readCrypto
The 2nd Best Day to Buy Algorand, 2017 repeat, start of 2nd WaveIt's all been said and done, Algorand shot up from 23 cents to 1.88, printed a double top and finally met a bottom around 90 cents. It's been slower than initially expected I'll admit, but nothing has changed. Now we're going to flat line and shoot up the next leg up to 5 dollars, correct to 2.70 twice and continue to 17 dollars. Bitcoin on the other hand is printing a very similar pattern to the one it printed last September 2020 and September 2017 when it bottomed around 9800 and 2.8. This could suggest the next 2023 bitcoin bottom is around 52k as it heads towards a million dollars for the first time in human history. If the trend continues as it has so far, expect to see a 300k bitcoin around December of this year and an algo price of 113 Dollars early 2022. Great accumulation phase around 5 to 17 dollars range for months to come, very similar to the time XRP hit 45 cents and accumulated all 2017 after that between 15 to 30 cents. Follow On Course Until Successful. This is the year of the Bull. Massive life changing gains ahead. Two opportunities to buy low. Double bottom on the 15 minute timeframe followed by a small M coming up next, least you know it, KABOOM!!!!! Buy at 9 pm eastern time today!!! The most bullish news Algorand has had will be announced early next week. Stay tuned!
Long
by axelrodd
14
The great Setup of ALGOBTC - make yourself ready! Wow, what a solid setup of ALGOBTC. ALGORAND is about to blow us away. We have seen a great move over the weekend when ALGO has broken the resistance at 02500 Satoshi and was able to find support. We are getting closer to the trendline and I expect a breakout within next days. EMA, MACD & RSI looks good. ATH is still far away, but on long-term a move close to the ATH is realistic - great project. Easy 1200%! Fasten your seatbelt, it's getting hot in here... --------------- Disclaimer: Just an idea, no financial advice!
Long
by King_Koro
2