Another classic setup on ALGO. Break - Retest - Go. We have see a break of the major trendline, a successful retest, and we can now expect a pump till the resistance zone i marked in the previous update. Let's see
On the chart, it seems that a bearish triangle is being completed. We are approaching the end of this triangle. The expectation is to have a pullback to the red range and then move down. I specified the targets on the chart. Closing a daily candle above the red range will violate the analysis For risk management, please don't forget stop loss and capital...
In higher time frames we see a strong bullish trend. Now the price is slowly approaching the POI range. This range initiated the move that caused the previous ceiling BOS, so it is important to us. By maintaining the green range, it can collect the liquidity pool that I specified above with the $$$ sign. For risk management, please don't forget stop loss and...
Hello Traders, I think Algorand overall Movement is to the 0.220 region. we should watch this bullish movement closely as this is going yo take a while to fulfil. This is the full analysis for this pair, let me know in the comment section below if you have any questions and suggestions. I suggest you keep this pair on your watchlist and see if the rules of...
What an amazing trade on Algorand! More than 30% gain on spot from my call and way more on leverage. It's now slowly coming down, but i am waiting for a good retrace to join in long again. Will keep you updated, 0.17 is an interesting zone
I can see a big opportunity on Algorand. We are in a strong uptrend, there's a good bullish ascending triangle with a 18% move. If we set this 18% move as target, we can see it at 0.17. It's a good 30% from actual price, on spot... Imagine on features
Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (ALGOUSDT chart) The key is whether the price can be maintained above 0.1093 and rise above 0.1718. (1W chart) In order to escape from the bottom section, the price must rise above 0.1718 and...
Updating my long position on ALGORAND. So far so good, that's what i want to see to continue the good uptrend. In daily TF we are in strong bull trend. Big support (big rectangle) and small resistance to breake.
It looks like a diametric finished. After this bullish diametric I expect another bearish pattern to complete to the downside. You can look for sell/short transactions in the red box. I specified the invalidation level, closing one 4-candles above this level will violate the analysis For risk management, please don't forget stop loss and capital management When...
Hello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (ALGOUSDT chart) (1M charts) The key is whether the price can be maintained by rising above 0.1098. (1W chart) Since the volume profile section spans 0.1881-0.4253, the key is whether it...
Strong price support level here at .0916 (my entry price) SL will be .085 Target .1227 RR is 1.5 Not fin advice. Entertainment only. Stew
The PCT Rank topsbottoms indicator has turned dark green, light green to white which tells that the momentum has turned to the upside. On the 9th July support was created The stochastic RSI Although high is forming pattern of upward direction. The MFI/RSI has been oversold since the 14th of March. watch for it to get out of that area. how much Algo do you...
Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ALGO symbol. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Hi dear friends, hope you are well and welcome to the new trade setup of Algorand (ALGO). Our last successful trade of ALGO was as below: Now on a 4-hr time frame with Bitcoin pair, ALGO has formed a bullish Shark move, at the moment after the completion of final leg the priceline is slightly moved up, therefore, we can wait for some correction. Note:...
Algorand - A long term opportunity? - Oversold RSI on both BTC and USD pair - Clear bounces off lower channels - 96%+ correction to date on USD pair and 93% correction on BTC pair A long term 18 - 24 month position could be considered here, I'm not recommending it but the chart looks like its getting exhaustive. I'm stacking sats but might try for a small...
Posting this to see if this will turn out to be true, looks promising, another bullish case for ALGOBTC.
◳◱ A Resistance Breakout has been identified on the SIX:ALGO / CRYPTOCAP:BTC chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 0.00000622 | 0.00000639 | 0.00000677, and the major support zones can be found at 0.00000584 | 0.00000563 | 0.00000525. Consider entering at...
Moment of truth for Algorand. Will it close above its recently re-gained trend line this week and this month? Above .30 with some sideways action would be ideal. Because if it does, it will have quite the bull run. If not, it may need to re-visit 14c and that would delay the structure. But so far so good! Cheers!