ALGOBTC
ALGO Revisited (ALGOBTC)Scaling into ALGO in 540 area here for a bit of a knife catch attempt as we approach the start of our daily uptrend at 531. Watching for a bounce and hopefully a break of the downtrend from the recent move up. Be sure to set stop losses, if this one breaks down could be new ATLs.
Entry: 530~540
Stop: Below 512
Target:
592
675
817
BTC Tips: 3KKD7YKR7x9c4AZJJ56XJA8F3hp7hWSpTX
RVN Tips: RPtFfvxZAdBwNdQpG1jMwEnxhviCwkkcoJ
$ALGO, Reaching support at ~5800 sats... Opportunity ahead$ALGO
Reaching support at ~5800 sats with volume starting to flow in to replicate same pattern we saw on prior iterations of this coin
RSI & MACD starting to turn
Crossing the descending trendline is the confirmation missing..
As targets 7k sats (20%)
R:R Looks good
#ALGO
Algorand/Bitcoin (Aug 20) #ALGO $ALGO #BTC $BTCAccumulate : 570-580
Sell : 650-700
Stop : Under 565
Buyback Plan : 520-540
Buyback Stop : 515
ALGOBTC completing last leg of shark a good long opportunityPriceline of Algorand (ALGO) / Bitcoin is completing the final leg of shark.
I have defined the targets using Fibonacci sequence as below:
Buy between: 0.0000609 to 0.0000593
Sell between: 0.0000634 to 0.0000657
Regard,
Atif Akbar (moon333)
Algorand/Bitcoin (Aug 09) #ALGO $ALGO $BTC #BTCALGO is still fluctuating in bullish patterns, so our plan is to buy the low price and wait to sell with profit!
At this time, we can wait it to buy at 620-580 or even 550-500sts
We can hit 690sts in just 3 days
Flowers for Algorand (ALGOBTC)Currently watching ALGOBTC here for a possible entry. We broke out of the downtrend earlier this week and had first test of the 675 valley for a possible sign of reversal.
Currently coming back down towards the start of the recent breakout at the 575~600 area. Would like to see this area hold over the next day or two if we are going to maintain uptrend.
One of the few Binance coins with decent volume and on the FA side was recently mentioned that Coinbase was "exploring" the addition to their exchange.
Entry: 580~600 (Needs to hold above 575 for a few more candles before I take entry)
Stop: Below 575
Targets:
675 (dotted line tested level, would expect this to break if we move up)
731 (untested)
836 (untested)
As always be patient with your entries and set stop losses. :)
BTC Tips: 3KKD7YKR7x9c4AZJJ56XJA8F3hp7hWSpTX
ALGO/BTC (Algorand) Making Falling Wedge ..!!ALGO/BTC (Algorand)
- In 4 hrs Timeframe, Forming Falling Wedge Pattern (Bullish)
- May Be Test the Support Area Before Move Up.
- Falling Wedge Breakout Expected If Hold then Bounce Back From Support..
Buy Around 500 - 520 Sats
Sell Targets 560 - 620 - 680 Sats
Stop Loss Below the Support..!!
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The information given is never financial advice. Always do your own research.
ALGOBTC | mrmegevery thing is clear in the chart - if anyone have a question can post in comment or our telegram group - good luck
ALGO breakout ALGORAND algo/btc has broken out of its downtrend and i'm expecting @ least 3x the coming weeks
buying all pullbacks to the trendline so long as it holds as support
if this stalls with little buy volume im out\
stop loss is somewhere below
good luckk
ALGO/BTC Changing CourseALGO/BTC has broken out of its downtrend channel and looks to be changing course to the upside. Yesterday, it managed to hit the 0.236 retracement from the high on Binance. Next target is the 0.382, which happens to coincide roughly with the ALGO Dutch auction price of $2.40 USD. It makes sense that it would try to retest that valuation, but upside beyond that seems unlikely.
ALGOBTC - Pure Speculation Play ALGORAND hit the exchanges on Friday, including Binance. The ICO price was $2.40, already sitting around $1.40. That's a 41% drop in 3 days, ouch!
Usually, we see at least 1 nice green candle day during the first 5 days of a new listing. ALGO hasn't had that yet so it could be overdue. This is an extremely speculative play though based upon psychology and zero technicals. I would spread buy orders out in case it goes further. Not for the faint of heart. Good luck!
