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Algousd

Possible 10-30% Gains on ALGOOverview - Overall has been making a nice rising structure which has the potential to take off towards the current last high. I spend the hours getting free trade set-ups for USD pairs so you don't have too. Don't miss out and Follow! Let's start from the top! Price Chart - 4hr chart with 20/50/200MA's to help indicate future supports and resistances - Currently, ALGO is respecting the 50MA so this yellow line can be used as a support - Is possible ALGO is in the last stage of the inverse H&S where it does a small accumulation, and once complete, it could be breaking the green trendline indicating the neckline to send it to higher prices - If you wanted to be really low-risk you could wait until the price touches the red trendline or if price retouches the 50MA to reduce your risk RSI - RSI value looks great as the value is not overbought or oversold so has plenty of room to grow - Could be forming a symmetrical triangle and once the green resistance line is clearly broken, could indicate that it's breakout time Stoch - Stoch value is high but last ATH this value maintained high values so this could be the case here BTC NOW - Text explains chart Extra Info - Learn about ALGO here: algorand.foundation - ALGO VOLUME: coinmarketcap.com If you enjoyed this analysis or learned something new, please LIKE this idea 👍 FOLLOW for free trade set-ups and helpful trading strategies 🏆 Would also like to know your thoughts! Remember this is not financial advice , however, it is an overview of what I am seeing in this coin's price action. -Happy Trading MoneyGrind
COINBASE:ALGOUSDLong
by MoneyGrind
2
ALGO pullback than pumpThere are big possibilities we could see some pullback here due to RSI on 4 hour and below already on overbought area. I see some big support around 1 USD and 0.9 cent area. This could a great place to long. Daily RSI almost reach overbought area but lower TF will make a correction. I see hidden bullish divergence on daily. We will see some pump if BTC going sideway or dint dump. But there are possibilities we could go lower due to volatility of BTC . If BTC crash from here, we could see ALGO will follow to dump.
Long
by crash123
ALGO channel top once againAlgorand looks to be testing the top of an ascending channel (red dashed lines) once again similarly to how it did at the end of March. A break here could be a great sign for ALGO as it could signal a new ATH , but there is also bearish divergence forming both on the 4-hour chart (blue lines) as well as on the daily chart . If resistance holds here, it could send the price sub-$1.20 if the bottom of the channel gets tested next. Additionally if channel support fails, it could send the price sub $1. Ultimately any price changes in BTC could easily influence the direction over the next day, so there is much uncertainty here, but also much potential for the trend to change in either direction. ALGO looks to be interesting to keep an eye on either way over the next few hours/days.
BITTREX:ALGOUSD
by crypto_trends
2
Possible divergence at ALGO Algorand has had a good last week of recuperation with +30% boosted by the general recovery of all currencies especially the Altcoins. 2-3 days ago it bounced off the resistance of the bullish channel which it has not been able to break and came close to the $1.20 level where there was strong buying from the people. Currently it is a bit far from both the EMA and MA 20 last sessions. To note the clear bearish trend generated by the average volume in the last 5 sessions that could generate a bearish divergence to the price. With all this I could expect a break towards the bottom of the channel that could coincide with the support of $1.18-1.20 and then bounce again to the top of the channel breaking all the resistances in between. Algorand lleva una buena ultima semana de recuperación con un +30% impulsado por la recuperación general de todas las monedas especialmente de las Altcoins. Hace 2-3 días reboto con la resistencia del canal alcista que no ha podido romper y se acercó a buscar los $1.20 donde hubo una fuerte compra por parte de la gente. Actualmente se encuentra un poco lejos tanto de la EMA como la MA 20 ultimas sesiones. A destacar la clara tendencia a la baja generada por la media del volumen en las ultimas 5 sesiones que eso podría generar una divergencia bajista al precio. Con todo esto podría esperar un descanso hacia la parte baja del canal que podría coincidir con el soporte de los $1.18-1.20 para luego rebotar otra vez hacia la parte alta del canal rompiendo todas las resistencias de en medio.
BINANCE:ALGOUSD
by GuillemGM
ALGO/USDT 50% profit from the entry hope you enjoying#ALGO/USDT Profit Update:- $ALGO finally hit our first Target. Which is 50% from entry zone. Now currently trading at $1.41 And our entry was $1.02 Entry:- $1.02 ✅ Targets:- TP1:- $1.38 ✅ TP2:- Pending Now..? I sold my Principal amount and holding only profit because this is best strategy of safe your fund. Support:- $1.21/$1.16 Resistance:- $1.66/$2.22/$2.6/$3.00 Please click LIKE button and Appreciate my hard work. Must follow me for latest crypto real time updates. Thank you.
Long
by CryptoPatel
11