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Algousd

ALGO to $1.59 before breaking out?Give then tokennomics of ALGO and how BTC is doing current, we can expect the sell pressures to remain on ALGO We will continue down the channel to about $1.59 ... in 24 hrs we should know if we are breaking up or down ... but the trade should hold until ~1.59 In case king BTC bounces back, I have 2 TP, TP1: 50% - $1.64 TP2: 50% - $1.59 Being Sunday, I will keep a close eye on the overall #crypto market as I might sell TP2 a little before or after.
COINBASE:ALGOUSDShort
by crypthal
MY NOT SO MINIMALIST ANALYSIS OF $ALGO9.23.21 Analysis of $ALGO HOW TO READ CHART Indicated are key support and resistance levels using small and large trading range boxes for ENTERING A SWING TRADE (Short - Long.) Watch out for Patterns, Divergence, EMA, Candlestick Math, 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 must not be taken as investment advice. Thank You for your appreciation and support.
COINBASE:ALGOUSDLong
by The_Crypto_Samurai
ALGOUSD D1: PRICE/ RSI DIV WARNING / 75% correction(SL/TP)(NEW)Why get subbed to me on Tradingview? -TOP author on TradingView -2000+ ideas published -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -before/after analysis -24/7 uptime so constant updates 🎁Please hit the like button and 🎁Leave a comment to support our team! ALGOUSD D1: PRICE/ RSI DIV WARNING / 75% correction(SL/TP)(NEW) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. NOT a setup to SHORT ALGOUSD. Just showing signs of weakness and recommend to stay out of this market into the pullback. 🔸 Summary and potential trade setup ::: ALGOUSD daily chart review ::: not a great looking chart ::: hit top / resistance of the bullish channel ::: also noteworthy divergence ::: price/ RSI div very clear on D1/H8 TF ::: expecting correction/pullback mode ::: pullback required to attract ::: new buyers from the lows ::: 60-70% pullback possible next ::: 6-10 weeks in Q3/Q4 2021 ::: right now limited upside ::: positions traders should wait for ::: better entry prices later after ::: correction MODE up next ::: be careful don't get caught up in this ::: also overextended right now ::: BULLS remain on sidelines and ::: be ready to BUY LOW later ::: recommended strategy: SHORT SELL RIPS/RALLIED ::: TP BEARS is +75% gains ::: BULLS stay out until correction is over ::: SWING TRADE: SHORT/HOLD IT ::: correction run not over yet ::: good luck traders! ::: BUY and get paid. period. 🔸 Supply/Demand Zones ::: N/A ::: N/A 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment mid-term: BEARS/CORRECTION ::: Sentiment short-term: BEARS/CORRECTION RISK DISCLAIMER: Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
COINBASE:ALGOUSDShort
by ProjectSyndicate
20
#ALGOUSD. Get ya shorts on, or get get caught naked.Have you already shorted ALGOUSD today ? If not, take a nice cup of coffee, get up (or the other way around), wipe your eyes and set a short on it. Why? Time has come. That's why. We're at the end of a massive pump . ALGOUSD RSI (1d) has been as high as today only 4 times in its lifetime, and 3 out of 4 were excellent shorting opportunities , and the 4rd with 25% down still a good one. If you're risk lover, wait it 'till the price crosses the 0.768 fib line. But don't wait too long - tomorrow around six you could be late. If not the price moves under the current short term trend line even before. Of course, this is not a trading advice, just my private analysis as well as a text for entertainment purposes.
KRAKEN:ALGOUSDShort
by My2CentsOnBTC
10
Algo is Bullish to the bonesALGO IS SO BULLISH, it's forming not one falling wedge but two wedges (technically bullish patterns) 😀...No matter how you look at it it's bullish, with expectations to reach $2.80 min or $3.00 after the breakouts upwards. Algorand has been on an uptrend lately and topped charts as the best performer coin multiple times. With the price climbing to heights not seen since early April, showing significant volatility over the last week. As a project algorand is very good and of course you can hold for long term. (better days are coming for sure)! Good luck 🤞
BINANCE:ALGOUSDLong
by PatrickHob
9
Algorand's (ALGO) Bullish IndicatorsALGO or Algorand has one of the stronger looking charts in the crypto space With it's recent ascent from $1ish to $2.50ish, ALGO is currently undergoing some price correction What's nice about its ongoing correction is the Volume Contraction Pattern (VCP) on its daily volume, a bullish sign. The previous resistance that it broke, $1.80 ish, is now acting as support as evidenced by candles bouncing from this level whenever it nears that price Let's see how this will play out. Good luck!
COINBASE:ALGOUSDLong
by kevvela
2
ALGORAND - 🤔Has Not Exploded as We expected But.... 🙏🙏But a bullish flag on the chart might change things for us. I had posted about Algorand a lot but nothing much has happened since Thursday... Maybe time for volatility to arouse and Algorand to fly? Well i certainly hope so because i have high expectations from ALGOI and funds tied up with it. Let's go ALGO! ps. Checj this great news : SPORTS Drone Racing League lands $100 million deal with crypto platform Algorand
Long
by FX_Professor
7
ALGO Forms Ascending Triangle Near ATH-ALGO has risen 64% over the last week -Price has now formed an ascending triangle -ALGO has been held up by the 30MA 

Algorand just had one of its best weeks in terms of percentage growth since many months ago. Back on the 7th of September, the entire cryptocurrency market experienced a massive pullback that brought many coins down -20% or more. Since then, ALGO has revived over 140% to a new all time high of $2.49. Algorand offers a highly efficient proof of stake blockchain that can outperform many of the other top blockchain platforms. Just now people seem to be realizing the value in these highly efficient blockchain technologies. 

 Ever since ALGO broke over the $1.95 level, it has successfully held it as support. Over the past few days, bulls have been having trouble breaking over the major resistance zone found from $2.22-$2.40. Each time price has touched this level, it has failed to hold it & has gotten rejected back down to the next support. This price action over the last few days has formed what’s known as an ascending triangle. This is a generally bullish pattern as it is activated once the top trend breaks. If bulls manage to hold within the zone ALGO is currently in, expect prices to rise to $2.69 fairly soon. 

 Since the beginning of September, price has been holding above the 30MA besides on September 7th when prices had a flash crash & rebounded right back above it. We can use this MA as a good gauge as to whether or not ALGO is in a bullish trend. At the time of writing, this MA is directly in line with the bottom trend line of the ascending triangle ALGO has formed. In the case that bears assert more control & pull ALGO below its ascending triangle, expect prices to land between $1.77-$1.94. 

 While looking at the Stochastic RSI, we can see strength has just entered the overbought territory. If strength continues within this zone, ALGO may be in position to break towards another ATH. If strength breaks below the 80 value, expect prices to fall back to the support trend of the triangle. While looking at the MACD, we can see the MA’s have been floating well above the 0 value within bullish territory. As long as the histogram continues ticking green, price is in a bullish state. ALGO Intraday Analysis Spot rate: $2.34 Trend: Bullish Volatility: Medium Support: $2.22 Resistance: $2.40
by CoinGape
1
ALGO/USD WYCKOFF REACCUMULATION!Hello my beautiful traders. I think ALGO might be very close to exploding beyond its range. I will take a long position once it has broken above the range evidenced in red and retested it. The desired area is the one in green. If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair. Consider supporting me on PayPal if you think I am providing you with value. Peace. Luca, TrickleDownFX
COINBASE:ALGOUSDLong
by TrickleDownFX