Algorand
#ALGO, Can #Algorand push higher?A quick look at #Algorand (#ALGOUSDT, #Binance, 4HR):
Price broke the upper resistance of the triangle pattern on March 29.
Since then, it broke the $1.47 resistance, flipping into support (S1). If S1 holds, price can try to break R1 and push the price higher.
If S1 does not hold, price might go back down and try to rebound from the EMA200/S2.
If you want to read more about Algorand on CoinMarketCap, click here .
What do you think?
Still learning here, so any constructive feedback and positive vibes to improve my analysis are welcome.
But if you enjoy my chart, please like, comment or follow me. :)
Thank you and Happy trading!
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Needless to say, this is not financial advice!
ALGOUSDT. Incredible Bullish UP-Trend. ALGORAND To The Skies!!Daily we publish new trading opportunities , Short-term. Mid-term and Long-term.
Friends, today we found something incredible on $ALGO .
ALGOrand is such a gem I have held since long ago. And still HODLing.
On the Daily's we found a nicely shaping Cup-and-Handle setup . Wow!
Initial Resistance for ALGO happened near $0.7xx . But on what looked like a third attempt, it punched through this resistance. It did a crazy Triple-Greens to touch $1.xx . Then it began a decline from this point, took nearly 2 weeks . From here it began recovery in a zig-zag stride within a strong Support level near $0.9xx .
Steadily moved up the trend to find another Bulls support near $1.2xx holding pretty tight. In the big picture we get like an epic Cup-and-Handle birthing.
Final resistance as seen in chart exists near $1.8xx . With great Bulls rally , ALGO will break and race towards $2.2xx , then later onto last ATH.
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ALGOUSDT to $3 $ALGO #ALGORAND #cryptocurrenciesHey guys, another analysis and this time it is on ALGORAND. A crypto which I see alot of potential, I can see it going to $3 soon.
Daily, as you can see it is in a bullish trend and it has already broken trendline and also made a high and now it is retesting this area, on 4h would be much cleaer.
On 4H, much much clearer and after this hourly closes bullish, buy on spot or on futures with less leverage. And hold this to $3.
Please if you do trade this, then use risk management and if you buy on spot then have guts to hold. Have a nice day. :)
Slow and Steady for Algorand*Not Financial Advice*
Algorand is the first crypto I got into (after BTC) so of course I dove deep into it. I don't expect this coin to moon in a matter of days so this is definitely a long term hold due to it's uses.
Looks like a rising wedge pattern to the ATH of 1.86. Expect resistance along the way but eventually hitting $2 and beyond.
The great Setup of ALGOBTC - make yourself ready! Wow, what a solid setup of ALGOBTC. ALGORAND is about to blow us away.
We have seen a great move over the weekend when ALGO has broken the resistance at 02500 Satoshi and was able to find support. We are getting closer to the trendline and I expect a breakout within next days.
EMA, MACD & RSI looks good. ATH is still far away, but on long-term a move close to the ATH is realistic - great project. Easy 1200%!
Fasten your seatbelt, it's getting hot in here...
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Disclaimer: Just an idea, no financial advice!