Algorand almost already to full invh&s breakout targetThe golden cross strikes again with an immediate blast off in algorand price as it is already getting very close to hitting the full inverse head and shoulder breakout target here. Zooming in here we ca more clearly see how the golden cross coincided with this blast off: *not financial advice*
Algorand
Goldencross Once Again Having Immediate Impact;On Algo This TimeSo far my hypothesis that the golden cross responds immediately in the parabolic phase of the bull run is continuing to be proven correct as we see it happening again here now with algorand. Sending price already skyrocketing almost to the full inverse head and shoulders breakout target at .5050 *not financial advice*
ALGO | RoadmapHere I give the possible levels that may occur in case of a dump.
If there is no dump and the order flow continues in a positive direction, the highest level you can enter is the green box. It would be wise to risk a total of 2R, evenly distributed across the three areas.
I don't overcomplicate things and add a ton of dirty crap to my charts, but you can check out the success of my analysis below.
I approach trading with confidence backed by experience and past success in identifying high-probability setups.
While I don’t claim to be the best, my track record speaks for itself, and I strive to let my analysis and results do the talking. Watch these levels closely—markets can confirm what charts already whisper. Let’s see how this plays out together.
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Algorand (ALGO) Surges 1650% at 10x Leverage!Algorand (ALGO) Trade Overview:
Algorand (ALGOUSDT) delivers an explosive performance, achieving a phenomenal 1650% gain at 10x leverage using the Risological Trading Indicators . The 4-hour timeframe captured this breathtaking rally as ALGO hit all targets and surpassed expectations.
Key Levels:
TP1: 0.1247 ✅
TP2: 0.1364 ✅
TP3: 0.1482 ✅
TP4: 0.1555 ✅
Technical Analysis:
The trade was initiated as ALGO broke past the Risological Green Lines, confirming a strong bullish momentum. The gradual upward curve of these lines provided early indications of sustained buying pressure. The price surged consistently, clearing all the predefined targets with ease.
This move reflects a textbook breakout scenario, powered by volume spikes and an aligned bullish sentiment in the market. Traders leveraging Risological tools were well-positioned to capture this remarkable upside, securing massive profits.
Alikze »» ALGO | Scenario 3 or C bullish - 1W🔍 Technical analysis: Scenario of the first cycle bullish wave 3 or C - 1W
BINANCE:ALGOUSDT In the daily time frame, the ascending channel is moving.
- In the analysis presented in the previous post , after reaching the dynamic trigger, it faced selling pressure and, after a correction of 0.23 Fibo of the previous wave, it was able to continue the upward movement to the supply area.
- Considering the previous movement structure, which had an upward cycle to the 33 cent range, after which it made a three-wave downward correction cycle.
💎After that, by forming a Double Bottom, it was able to touch the middle of the channel and the neckline by creating demand.
💎Considering the momentum, this movement cycle can continue to the ceiling area of the ascending channel and the supply area, and then with a temporary correction in the middle of the channel, it can continue the upward path to the second supply area.
⚠️In addition, if the price enters the Invalidation LVL range during this upward phase, the bullish scenario is invalidated and must be re-examined and updated.⚠️
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ALGO / USDTALGO / USDT
Everything described in chart
Forming big double bottom and HH and HL in LTF
price is going straight up from bottom
We are on this trade since 0.17$ and i still see potential room for more growth
If you a holder or want to make a new entry see the support and resistance in this chart and keep following it
Hey Trading Fam! ALGO at a Pivotal Moment – What’s Next?Hey trading family, let’s break this one down. Algorand (ALGO) looks ready for a potential move up to $0.26. From there, we could see a correction, but how deep could it go? Here’s what we’re watching:
Scenario 1: A correction could take us back down to levels like $0.21 or even as low as $0.15 – stay sharp!
Scenario 2: If $0.26 doesn’t hold as resistance, we could break higher and run all the way up to $0.42.
This setup is worth watching closely. What’s your move here? Let’s trade smart and adapt to what the market gives us.
Like, comment, and share your thoughts below to keep the conversation going! Got questions or your own analysis? Send me a DM – let’s connect.
Mindbloome Trading // Kris
Trade What You See.
#ALGO/USDT#ALGO
The price is moving in a descending channel on the 4-hour frame and is sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at a price of 0.1186
We have an upward trend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.1280
First target 0.1333
Second target 0.1370
Third target 0.1416
Go GORA Go :-)GORA - Gora Network is a decentralized oracle network established on Algorand as well as on Ethereum.
This low cap gem has been beaten up badly recently, but seems to have found a double bottom at the end of October 2024 -- severely undervalued imho, with a 2x - 15x potential mid-term.
DYOR:
28% of the original 100M token supply has been burned (source: vestige.fi ).
Validator staking V3 released (on Algorand and Ethereum) with 17% APY.
App-Specific Oracles.
x.com
linktr.ee
coinmarketcap.com
app.tinyman.org
Algorand Confluence StrongIt's quite the busy chart but it's all about confluences. And right now I'm seeing strong confluence, which is a vote of confidence for me.
Bullish divergence with RSI signalling 5th wave completition (corrective)
Falling wedge boundaries being respected
RSI climbing slowly but surely
Bounce off .786 fib retracement and making a HL (need to see HH next)
RSI is now bullish on the 2D TF and up
If this is wave 1 of the current cycle and with a severe correction to .786 Fib, Algo won't correct much at wave 4. Meaning it's up and only up from now on till the fifth wave sometime in 2025.
This NFA!!
ALGOUSD LONGMonthly Bullish break and close and pullback completed
Weekly Bullish break and close and pullback completed
Daily Bullish break and close and pullback completed
I now forecast Bullish upwards momentum, If this does not take place, Expect complete failure and price to stab through the Lows.
I for one am Certainly Bullish ALGO
ALGOUSDT 1H - TRIANGULAR ZoneALGOUSDT 1H - TRIANGULAR Zone
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ALGOUSDT 1H - TRIANGULAR Zone
ALGORAND is in a price consolidation zone.
LEVELS:
SL: 0.14
Resistance 0.14
TP: 0.16
In the range 0.11 - 0.16 we can do SWING TRADING as long as it does not lose the SL. At the moment we are close to the BUY ZONE.
Above 0.16 we can set other objectives.
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I share with you my technical analysis assessments on certain stocks that I follow as part of the strategies I design for my portfolio, but I do not recommend anyone to operate based on these indicators. Get informed, educate yourself and build your own strategies when it comes to investing. I only hope that my comments help you on your own path :)
ALGORAND (ALGO) Looks like it could drop another 15% - 16% here.The crypto markets as a whole have taken quite a beating in the past week but appear to be getting close to forming a bottom. ALGO is showing signs that a rejection off the FVG (Fair Value Gap) currently presenting above the current price on the daily chart could signal a further 15% to 16% drop in the coming weeks.
Good luck, and always use a stop-loss!
Algorand 65000%Algorand is in a brutal Broadening Wedge Pattern, according to the textbooks it should do what is shown. Many alts, either OGs or legit layer-1 chains got absolutely rekt versus BTC caused by uncertainty of many things, Macro, SEC, bankrupt crypto lending companies, QT, scams like FTX and so on. Too many bad things and actors in the market and god knows what else, crypto in general got torn apart left and right since BTC touched 68k for the first time.
#LET'S_GO_FORWARD
#ALGO/USDT#ALGO
The price is moving in a descending channel on the 1-hour frame and is sticking to it to a large extent and is expected to break it upwards
We have a bounce that was booked from the lower limit of the channel at a price of 0.1200
We have a downtrend on the RSI indicator which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.1210
First target 0.1250
Second target 0.1300
Third target 0.1344
ALGO is breaking out of the current wedge pattern.ALGO has just broken out of the wedge pattern that it has been in for a minute now, and is looking like it could be getting ready to run. It's likely to go the .15 range, retrace back down to the upper wedge trendline, then continue the move from there.
Good luck, and always use a stop-loss!