Curves Ahead ALGO/BTC #Algorand #Algo $ALGO #crypto #BitcoinHere we see our Algo Btc chart daily with that colorful Fib circle indicator on it . You can see that blue circle line we are in that's curving up ? With the blue arrows pointing up at it ? We should stay in that line and follow it up , within a month we should be inside that large Ichimoku cloud . The top of which is about 3600 to 3700 sats but can obviously go higher if it breaks through . 3700 is also roughly the top of the .618 Fib circle line and seems to be a target . Many alts are looking good here .
ALGOBTC
ALGOUSDT (Trend line Breakout) Wait for the small retracement
ALGOUSDT (4H CHART) Technical Analysis Update
Trend line breakout
ALGO/USDT currently trading at $0.3010
SHORT Entry level:0.3200 - 0.3300 (wait for the retracement
STOP LOSS: 0.3400
Support level 1 (Target 1) : $0.2970
Support level 2 (Target 2) : $0.2800
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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ALGOBTC | A strong bullish setup for end of Jan 2021Hey friends, hope you are well and welcome to the new update on Algorand (ALGO).
On weekly chart, the price action of ALGO coin is at the strongest down trendline support.
While the priceline is at the support the stochastic has given bull cross, RSI is in uptrend and the MACD indicator has given weak buying signals on weekly chart.
On daily chart, the price action of ALGO coin has completed the harmonic Gartley move and entered in potential reversal zone. Here we have a support of 25 SMA in buying zone. The 50 and 100 simple moving averages are also moving down to form bull crosses with each other.
On long-term weekly chart the priceline has completed a bullish Shark harmonic move and at the moment the price action is moving within the potential reversal zone.
The priceline may move at this level uptil the end of Jan 2021. Because the ichi moku bearish cloud is showing weak bearish cloud signals at that time. So a powerful rally can be expected at the end of Jan 2021.
Conclusion:
The price action has a support of strong trendline, the bullish Gartley is completed and also a bullish Shark move is another strong bullish signal. But the trendline or PRZ level or Shark should be used as stop loss to minimize the risk.
Algorand (ALGOBTC) Trade Signal (203%)ALGOBTC
BUY: 0.00001600 - 0.00001850
TARGET:
1) 0.00002150
2) 0.00002600
3) 0.00003330
4) 0.00004510
5) 0.00005350
STOP: Close weekly below 0.00001500.
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Patience is key.
Do your own research.
Trade at your own risk.
This is not financial advice.
Namaste.
ALGOUSDT (Resistance Breakout)ALGOUSDT (4H CHART) Technical Analysis Update
Resistance Breakout
ALG0/USDT currently trading at $0.320
LONG ENTRY LEVEL: After resistance Breakout in 4-hour chart (only enter long after 4-hour candle close above the resistance level at 0.320$
STOP LOSS ( support): Below 0.2940$
Target: $0.400
Max Leverage: 4X
ALWAYS KEEP STOP LOSS...
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Next MAJOR resistance levels following the breakout to watch*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. Affiliate links are also included in this same video description section here and if you decide to support me by using any of them, I may receive a referral bonus or commission.
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$ALGO, Crossed and retesting descending trendline $ALGO
Crossed and retesting descending trendline on a similar setup to many other altcoins prior start pushing up..
Volume also rising while UCTS indicator is showing buy signals across all lower timeframes..
Let see if it can get traction once #BTC chills a little
#ALGO
Huge reversal pattern apparent & resistance levels to watch*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. Affiliate links are also included in this same video description section here and if you decide to support me by using any of them, I may receive a referral bonus or commission.
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ALGOUSDT (Descending Channel Breakout)
ALGO/USDT currently trading at $0.29
LONG ENTRY LEVEL :$ 0.27 to 3.0
STOP LOSS ( support): Below $0.245
Resistance level 1(Target) : $0.35
Resistance Level 2(Target): $0.44
Resistance Level 3(Target): $0.66
Risk Reward Ratio : 1:9
Max Leverage: 10X
ALWAYS KEEP STOP LOSS...
$ALGO ALGORAND is going to moon real bad comparedto BAND FET ERDToken Sale: 19 Jun – 19 Jun
Ticker: ALGO
Token type: Own wallet
ICO Token Price: 1 ALGO = 2.4 USD
Price: Max 10 USD; Min 0.1 USD Per Token
Current Valuation: $439,682,763 USD Central Dollars
Projected Valuation: $9,000,000,000 USD Central Dollars
Algorand: the only decentralized, secure and scalable solution to the blockchain trilemma out of 6000+ dubious blockchain proposals out there.
Not only is Algorand ranked as top 3 groundbreaking technology of 2020 according to MIT Review report
www.technologyreview.com
Algorand's MIT team has been chosen by Federal Reserve bank to launch a digital dollar with Coinbase in order to compete with China.
www.bostonfed.org
Amongst a hundred other milestones, Algorand has tokenized and decentralized Gold from Australian Company Meld Gold via FTX.
Is listed on all renowned pioneering exchanges in the Blockchain 2.0 growing market.
Will help launch Idex 2.0
Will help launch the first internationally welcomed Central Bank Based Digital Currency for Pacific Marshall Islands.
Is supported by Steven Chan who is the Senior Director and Regional Head of Government Relations, Asia Pacific Paypal.
Decentralized Algorand's groundbreaking technology is the only blockchain that's scalable to billions of users with seconds speed transactions. So far the only Rival out there is centralized and corruption dubious Ripple.
I encourage you to review this discreet but behemothic and promisingly undervalued company founded by Silvio Micali who has received his Laurea in Mathematics from the University of Rome, and his PhD in Computer Science from the University of California at Berkeley. Since 1983, he has been on the faculty of the Electrical Engineering and Computer Science Department at MIT.
Silvio’s research interests are cryptography, zero knowledge, pseudo-random generation, Byzantine agreement, secure protocols, mechanism design, and distributed ledgers.
Silvio is the recipient of the Turing Award (in computer science), the Gödel Prize (in theoretical computer science), and the RSA prize (in cryptography). He is a member of the National Academy of Sciences, the National Academy of Engineering, of the American Academy of Arts and Sciences, and of the Academia dei Lincei.
Rome before The United States, before London, Before China, Rome is at the epicenter of expertise in monetary policy and finance.
This is it. Algorand will be in the top 3 one day.
Can it stay above this CRITICAL support level & keep reversing?*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
*Follow me for the latest cryptocurrency analyses on my watchlist
*Thank you to those who donated, I very much appreciate it.
*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.