ALGO ; LATE BUT WELL GROWNALGO was a promising project for now but nowadays ALGO is trying to pass the levels as well as DOT,AVAX,SOLANA also did before.ALGO WALLET,ALGOFI ( algo defi platform) is on the way and we find the last part of puzzle after HIVEMIND news. First tecnology partner of HIVEMIND is ALGORAND. Former Citi executive Matt Zhang introduced Hivemind Capital Partners, a $1.5 billion multi-strategy fund designed to bootstrap promising crypto plays and “institutionalize crypto investing.”
AS A SUMMARY I EXPECT A BULL RUN ALGO PRICES.THIS IDEA IS FOR A LONG TERM INVESTING.
ALGOBTC
ALGO with chances for +200% aganst BTCAlgorand is in a nice setup towards the downtrend-line - if it breaks chances are that we can see +180% from here within the next 90 days.
Even more realistic if Altseason is about to start.
The slim white lines represent support/resisitance-levels that we want to overcome.
Good luck.
Trade carefully.
Be happy with 10% every here and there.
Consider stop-losses
Algorand (ALGO) - November 15Hello?
Welcome, traders.
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-------------------------------------
(ALGOUSD 1W Chart) - Mid-Long-Term Perspective
Above 0.76754798 point: uptrend expected to continue
(1D chart)
First resistance section: near point 2.30117362
Second resistance section: 2.84473154-3.02591751
Support section: 1.57642973-1.75761570
We need to see if we can sustain the price above the 1.90329264-1.97455023 segment.
If it goes down, you should check to see if you find support in the support zone.
If the price holds above the 1.90329264-1.97455023 range, I would expect a move to move above the first resistance level.
------------------------------------------
(ALGOBTC 1W chart)
4309 Satoshi-6469 Satoshi section or more: Expected to create a new wave.
Above the 2886 Satoshi point: Expected to turn to an uptrend.
Currently, it is forming a box section below the 4309 Satoshi point and walking sideways.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which 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, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released.
(Since it is not publicly available, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying the formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
Algorand (Breakout)Algorand has finally broken out of the sideways trading it's been tracking on.
Algo is now tracking on an ascending channel, leading back to $2.39.
Price $2.49-$2.60 within range by Mid-December.
Algorand is also trading nicely within the top bounders of a Fibonacci retracement pattern at the moment.
support at $1.94-$2.00.
related published ALGO idea linked below:
ALGO BREAKING OUT OF FLAG!VERY solid fundamentals on this one, long term price has been flowing in impulse moves upwards with consolidation flags in between. Price is currently in a squeezed flag and is testing our breakout area
- need to see a 8h - 1 day break out of flag and resistance area
- will want to have a Bollinger band beak
- first take profit @ 1.618 fib extension level
- stop loss placed below area of volatility in current consolidation area
ALGORAND against USD POS coinstaking, staking and staking!!
the creator
Silvio Micali is a professor of computer science at the Massachusetts Institute of Technology, and the founder of Algorand. He is a recipient of the Turing Award (in 2012) for his fundamental contributions to the theory and practice of secure two-party computation, electronic cash, cryptocurrencies and blockchain protocols. This makes him one of the foremost creators of crypto in the world.
Rank #20
Coin
On 373,858 watchlists
Algorand Price (ALGO)
$1.86
0.85%
0.00003044 BTC1.29%
0.0004137 ETH0.66%
ALGOBTC Massive Broadening Wedge BottomUpdated. Publishing for myself to see if that broadening wedge bottom textbook plays out or not. ALGOBTC is in descending channel (red) and in broadening wedge bottom (yellow) both.
Algorand (ALGO) - October 27Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(ALGOUSD 1W Chart) - Mid-Long-Term Perspective
Above 0.76754798 point: uptrend expected to continue
(1D chart)
First resistance section: near point 2.30117362
Second resistance section: 2.84473154-3.02591751
Support section: 1.57642973-1.75761570
If the price holds above the 1.97455023 point, I would expect a move to break above the first resistance level.
If the price declines from the 1.65442767 point, it may touch the support zone, so trade cautiously.
A move from the support area could lead to a move near the 1.21405778 point, requiring a short-term Stop Loss.
However, if support is found near the 1.35658321 point, it is expected to rise to the support section, so countermeasures should be considered.
------------------------------------------
(ALGOBTC 1W Chart) - Mid- to long-term perspective
6469 Satoshi point or higher: Expected to create a new wave.
(1D chart)
First resistance section: near the 4309 Satoshi point
Second resistance section: near the 6469 Satoshi point
Support section: 2452 Satoshi-2886 Satoshi section
We need to see if we can find support in the support zone and move up to the first resistance zone.
In the medium to long term and in the short term, the 2886 Satoshi point or higher is considered to be a jumping-off section for rising.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which 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, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released.
(Because it is not public, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional 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 disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
ALGOUSDT Technical Analysis⏳ Spot
💎 ALGOUSDT after breaking above the symmetrical triangle, it has been making HHs and HLs in the ascending channel. After the pullback it has the potential to go higher
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 1.9455 - 1.8600
☕️ TP1 2.1200
🍺 TP2 2.2666
🍻 TP3 2.4700
🍾 TP4 2.7000
🍷 TP5
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 1.7700
Good Luck 🎲
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