ALGO - I am feeling uncreativeWhere I would add to my algo bags! 1.20 - 1.30
I always stay positioned, we are in a bull run that will last several months, but I will add on my kraken margin fosho!
Algousd
ALGO to 2.67 in the near futureALGO has a great 6%APY and on top has a $2.1B market cap with constant volume at 1.3B range. This is indicating exponential growth with huge incentives. I think this will surpass GRT which has reached ATH of 2.89 at the time of this post. ALGO also has the chance of going as high as $12 by summer time.
ALGO - Taking Out Resistance One Bullish Pennant at a Time!Momentum is really picking up here. You can see the parabolic rise starting to happen as it tests major resistance. Algo has taken this resistance level out once before and now it is re-testing it. If we breakout here, it's clear skies ahead!
ALGO 1D Support and Resistance Levels on the ChartAs you can see from the chart, the growth of the ALGO coin is supported by large volumes - this is a good sign.
On the other hand, the parabolic growth has almost become vertical, that is, the final upward spike is not far off.
As long as the price of ALGOUSDT is below $1.15 , it is more likely that the price will push below $0.85, and then will follow the arrows.
Fixing above $1.15 will give a chance to shoot the ALGOUSD price up to $1.50-1.55, and reach about half of 2019 absolute maximum.
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ALGOUSD on the verge of breaking outof longterm triangle. But current price action is in a rising wedge with bearish divergences. I will not be surprised if it pullbacks and forms a handle for the cup that is already formed.
ALGOUSDT_Daily: Update Analysis*************************************
Price : 0.8 USDT
Entry LVL: 0.7 -0.8 USDT
Expected Return: 77%- 174%- 247%
Reward/Risk: 3.5- 8.4
TP_LVL I: 1.42 USDT
TP_LVL II: 2.2 USDT
TP_LVL II: 2.7 USDT
SL: 0.64 USDT
*************************************
💡ALGO: BUY Trade🚀🚀🚀🚀🚀🚀 #ALTSEASON2021This is scalp trade , algo is already strong bullish will rise further.
ALGO - Smooth Sailing ahead.ATH No resistance, Targets given (short term).
This baby gonna fly like the wind!
ALGO another Higher high or a cup & handleLove to spot Cup & handle forming, which I found are the easiest pattern to trade.
Algo is a very good project and it's a little bit back in terms of growth with respect to the other coins, so this could be a nice ride with a lot of margins.
We could find a natural resistance on the previous top and the price will retrace, or we could break the previous high and gain momentum for a bigger ride.
Good luck
ALGO full to the "Brim" with breakout opportunity Great "Cup and Handle" forming on COINBASE:ALGOUSD . Beautiful consolidation within the high time frame liquidity box and just under the major daily resistance at $0.67. This is where I would expect a retest of the daily support to give another opportunity to long from the $0.55 area. That would give us a perfect handle to the cup. However, looking at the chart history how ALGO tops outs, drops, consolidates and then punches through, we are seeing consolidation instead of a drop this time.....maybe it's primed?!?! I think if you wanted an aggressive long, enter here on ALGO with a tight stop at say $0.6179. (watch your position sizing!) If it breaks down, bailout and long the daily retest around $0.55 at a better entry. I will buy this retest as I already have a great long entry. Finally, the more conservative long would be to wait for the breakout of $0.67, confirmation, and then buy the retest of this level.
Algorand's Road To .90 UPDATEHey guys lets see if we can get ALGO to breakout , if not i think we can expect a dip again back down to about .32 \
algo has confirmed the .22 drop , lets see if we can confirm the .32 drop .
im hoping for a algorand breakout , at the line i have on the chart .
ALGOUSDT's decrease is expected
ALGO/USDT has formed a rising wedge this means the price would start to decrease right now .there is also a regular bearish divergence(-RD) as well which means this analysis is more reasonable !
just wait until the breaking of the pattern and than make your deals!
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck.
$ALGOUSD - Wave count and next targetHello everyone!
Here is wave count for Algorand.
The pair is following an ascending channel and currently formed a bearish flag. Wait for the breakout confirmation and go long.
Don't mind the track drawn, the price may break out from the bullish flag at any time.
$ALGO - Beauty SetupNot much to say here
Successful claim of 0.666 and we should go to atleast a dollar
Cmon algorand!
ALGO 30m BUYShort-term Trade (scalp)
Set some Buy orders near the Trendline
Remember no more than 5% of the deposit in one trade.
(Scalping means profiting from minor price changes in price)
TP1: $0.528
TP2: $0.543
TP3: $0.56
SL: next sell signal
Algorand's Road To .90 UPDATE Hey guys i love Algo , it was becoming more and more stable every time i check in on it .
all the news around ALGO is beautiful , having so many rewards just by owning ALGO makes it more and more stable .
bcuss more people are leaving their money with ALGO . *BONUS FACT* you can earn ALGO rewards by owning algo no matter where you own it , it can be a phyiscal/offline wallet and still earn rewards , its by far one the highest and steadiest APY% out of all the ALTS in my opinion .
with it being so steady , it moves in steady trends , sort of like forex but even more perfectly , the forex market seems alot more volatile then ALGO alone . like covid and the president election has made the main FOREX pairs break all trends . ALGO on the other hand has been very steady when it comes to volume , price movement , as well as supply/demand.
on the weekly chart its still very steady as well
what do you guys think ? leave me your thoughts in the comments
if you are new , thanks for viewing don't forget to follow for more posts .
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ALGOUSDT 1H long; Completing W-formation with bullish patternTA Explained
ALGO Completing the W-formation on bigger timeframe with a bullish continuation pattern at lower timeframe. trying to get in on the final dip within the falling wedge
Trade setup
Best entries: 0.4149 - 0.4303
TP1: 0.4548
TP2: 0.4806
TP3: 0.5107
SL: 0.3945
RR: 3.16
Max leverage: 3
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Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)
$ALGOUSD - Just wait for itHello everyone!
I look forward to seeing this breakout from the triangle choke.
If that happens look for targets and resistances at 0.5887 and 0.6390.
Triangle correction is about to end soon, so stay tuned.
