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ALGOBTC

Look out for these support levels if price continues dropping*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. 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.
COINBASE:ALGOUSD
by CryptoRush_
ALGO/BTC (3rd Test at Key Level Support)💎Technical Analysis Summary💎 BINANCE: ALGOBTC -Algorand is back trading around the key level of support -Well, this is still good because the Bull defended this zone again -But the fight is not yet over until the downward trendline is broken upward -Yes, you can buy at key level but tight stop loss -Or, wait for the trendline breakout to confirm that the trend will start to reverse -Upside potential is up to 4000s sat area or higher A big Thanks for donating 💰 via Tradingview coins this week to billstenzel 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` Thank You All!🙏😊💖For Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading!😊💕💖 ``````````````````````````````````````````````
by PolarHusk
10
Algorand (ALGO) | This Can Be One Of The Best Buying OpportunityHey, friends hope you are well and welcome the new update on Algorand coin. The priceline of ALGO coin has been retraced between 0.618 to 0.786 Fibonacci retracement level after a powerful bullish rally of 222%. On long term weekly chart strong support can be observed. Every time priceline has rallied to the up side after hitting at this support. The priceline of Algorand (ALGO) has formed bullish Cypher on weekly chart. The targets as per Fibonacci sequence of Cypher are as below: Potential reversal or buying zone: 0.00003233 to 0.00002683 btc Fibonacci projection or sell zone: 0.00003666 to 0.00004732 btc On the daily chart the priceline is trying to breakout 200 simple moving average. The safer buying can be after closing above this SMA. `Conclusion: As the priceline has completed a bullish Cypher move while reaching at the strong support level on the weekly chart therefore there can be strong chances that the price action of Algo will start a powerful bullish rally from here. However, the potential reversal zone of bullish Cypher should be used as stop loss to minimize the risk factor.
Long
by moon333
2
Algorand (ALGO) Activates Accumulation Zone (160%+)Algorand (ALGOBTC) has now activated its strong support/accumulation zone... This can lead to another bullish wave. Ever since the September 2019 low hit, each time the accumulation zone is activated we see a bullish wave for ALGOBTC. Right now we have higher highs and higher lows, after the May low, and this level is activated again. What this chart is telling us, is that Algorand (ALGOBTC) is almost ready and continue growing for long. We remain strong bullish on this pair as long as prices continue trading above/or within the "support/accumulation zone". Namaste.
by AlanSantana
11
ALGO/BTC bullish time !!!!!!!================ BINANCE:ALGO/ BTC ================ ALGO / BTC breakout the line as u can see AlgoHIT THE BREAKOUT LINE maybe it's time the WEAK UP and make revearsal pattern tu bullish time the reason 1. algo cross the falling wedge 2. bullish engulfing 3. the price is up from ema 14,20,50,100 and wait to cross ema 200 and bullish let see elliot wave. we wait for wave 1 if stop and correction we can wait for pullback to wave 2 and entry and ready to moon wave 3. ============================================== Trading is High Risk THIS IS NOT ADVICIAL MANAGEMENT Please use Risk Management and your stop loss ============================================== support my channel Thumbs Up, Comment & Follow Happy Trading Thank You and GOOD LUCK! :) ==============================================
Long
by AnnandraRahman
2
ALGO/BTC 12h (Binance) Falling wedge breakout & pullbackAlgorand has broken out this bullish pattern, breaking 100EMA would make it grow even more! You could enter now in Spot or Margin, but here goes a safer set-up on a probable pullback: Current Price= 0.00003268 Buy Entry= 0.00002956 - 0.00002710 Take Profit= 0.00003406 | 0.00003943 | 0.00004857 Stop Loss= 0.00002354 Risk/Reward= 1:1.2 | 1:2.32 | 1:4.23 Expected Profit= +20.23% | +39.18% | +71.44% Possible Loss= -16.91% Fib. Retracement= 0.232 | 0.382 | 0.618 Margin Leverage= 1x Estimated Gain-time= 960h
Long
by TradingOn
2
$ALGOBTC lets see how its getting out from this FW #Algo $BTC$ALGOBTC lets see how its getting out from this FW #Algo $BTC Algorand Market Cap $270,845,527 Algorand (ALGO) BB Surpassing 99% of tokens Team Score: 95/100 Ecosystem Score: 53/100 Project Score: 63/100 Outlook: Stable Outlook Insight: Technical feasibility is good, the status of operations is relatively stable, the possibility of influence on the project by unfavourable changes in the environment or uncertain factors exists to a relatively large extent, and risk is basically controllable.
Long
by Abbas39
1