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Algorand

🔥 ALGO All Targets Reached: What's next?Yesterday I made an analysis on ALGO. I wrote that I expected ALGO to become one of the new market leaders. I expected some kind of minor consolidation period between 1.85 and 1.60, but the market thought otherwise. It doesn't often happen that we're seeing a massive vertical move like this! For those who got in, congratulations. As mentioned, ALGO has blasted through the $2.20 target and has hit $2.50 on some exchanges. But what now? First of all, the area between $2.20 and $2.50 is now functioning as a support area, we could see some consolidation here. The 1.618 Fibonacci extension has yet to be reached, located at $2.60. This is the major first target. Next target is $3, which coincides with the 2.00 Fibonacci Extension. Let's see what ALGO is can bring. Happy trading!
Long
by FieryTrading
11
ALGORAND: Sleeping giant on the moveI'll be honest, I did not expect Algo out of all of them to start pumping like there's no tomorrow the moment BTC crashed. I love this little coin! But it's been really quiet for a long time. Here's a simple set up on an hourly chart. I love using fibonacci channel when I see a clear trend up or down like this. That way I can see the levels it's less likely to go past, aka resistance and support levels, duh. Yes, it is now way above the EMA 200, so I expect it to go down naturally, even without the help of any force majeure event (you never know these days). I personally hope to at least see the price of $2.60-2.63, before the trend starts to weaken. But first it needs to get comfortable with $2.5. Then who knows, I've heard traders call $3. What do you guys think?
COINBASE:ALGOUSDLong
by EsmeBoussen
3
ALGOUSD on its way to the All Time HighPattern: Channel Up on 1D. Signal: Buy on the next pull-back after the 1D Golden Cross gets formed. That has been the last buy signal in the two previous bullish legs to a Higher High. Target: 3.7500 (the All Time High). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> GJMRealEstate --------------------------------------------------------------------------------------------------------
BINANCE:ALGOUSD
by TradingShot
13
ALGO ON FireLooks like ole Algo is finally doing what it's meant to do in the last year. We needed to break the 1.80 ceilings, and Algo done busted that thing wide open and held it. I believe we will see a small pullback and then a run-up to 3 bucks before the end of the week. My projection is a test of the previous 3.33 level. I expect Algo won't be seeing >1.10 again for a while. Right now I don't have an exit point for Algo, I'm going to let it ride all the way to the moon. I'm just an idiot with a crayon. My opinion is just that an opinion this is not trading advice. COINBASE:ALGOUSD #algo #Algorand
COINBASE:ALGOUSDLong
by Battle-Trading
ALGORAND - ALGORAND- Dancing with El Salvador 🕺 (p2)Algorand keeps doing great, with the El Salvador Launching Government Blockchain Infrastructure on Algorand This Year As you had been informed here before, The country has signed an agreement with Latin American asset tokenization company Koibanx to allow official records to be hosted on the blockchain. El Salvador’s government has signed an agreement with Koibanx, a Latin American asset tokenization and blockchain financial infrastructure company, to develop the country’s blockchain infrastructure on top of the Algorand blockchain. The ability to store official documents digitally on top of the Algorand blockchain will come before the end of this year, Koibanx CEO and co-founder Leo Elduayen told CoinDesk. This could be great news for ALGORAND and the chart can help us explore this opportunity. Price broke over it's major resistance today and seems to be ready for higher! One Love, the FXPROFESSOR
Long
by FX_Professor
2
AlgorandOne more concurent of Polkadot, Solana and Luna. What Is Algorand (ALGO)? Algorand is a self-sustaining, decentralized, blockchain-based network that supports a wide range of applications. These systems are secure, scalable and efficient, all critical properties for effective applications in the real world. Algorand will support computations that require reliable performance guarantees to create new forms of trust. The Algorand mainnet became live in June 2019, and was able to handle almost 1 million transactions per day as of December 2020. ------------------------------------------------------ Trading parts : - Buy 0.98$ - 0.95$ ( Small Buy ) - Rebuy 0.85$ ( Medium Buy) - Rebuy 0.70$ ( Full Buy ) Stop Loss : 0.65$ TP : 1.8$ ( Last ATH for now ) ------------------------------------------------------ Follow TheKing Moves and stay safe! Happy Tr4Ding !
KRAKEN:ALGOUSDLong
by thecryer
8
MY MINIMALIST CHART ANALYSIS 9.6.21 Indicated are key levels of support and resistance using small and large range boxes. Watch out for patterns, EMA, and your Fibs. Further Analysis on price action is required on a 1HR-4HR chart when entering or closing a trade, depending on your risk appetite and trading style. Disclaimer: The findings/predictions of the following analysis are the sole opinions of the publisher of this idea and should not be taken as investment advice.
COINBASE:ALGOUSDLong
by The_Crypto_Samurai
ALGORAND- Dancing with El Salvador 🕺Events: El Salvador to Launch Government Blockchain Infrastructure on Algorand This Year The country has signed an agreement with Latin American asset tokenization company Koibanx to allow official records to be hosted on the blockchain. El Salvador’s government has signed an agreement with Koibanx, a Latin American asset tokenization and blockchain financial infrastructure company, to develop the country’s blockchain infrastructure on top of the Algorand blockchain. The ability to store official documents digitally on top of the Algorand blockchain will come before the end of this year, Koibanx CEO and co-founder Leo Elduayen told CoinDesk. This could be great news for ALGORAND and the chart can help us explore this opportunity. One Love, the FXPROFESSOR
Long
by FX_Professor
4