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Algousd

ALGO a setup to hit $5 Hi friends hope you are well, and welcome to the new update on Algo coin. Breakout from wedge pattern: On the daily chart, the priceline of Algorand coin started the formation of wedge pattern in the 1st week of Nov 2020 and now finally, it has broken out the resistance of this wedge. Reached at $0.50 resistance: While breaking out the wedge’s resistance the price action has also broken out the $0.40 price level resistance and now reached the next resistance at $0.50. If the $0.50 resistance will be broken out then the next resistance would be at $0.70 and then a final and key level resistance is at $0.90. On the long-term weekly chart, it can be seen that after $0.90 resistance there is no significant resistance between $0.90 to the highest price level that is $3.44 as per the Binance exchange. An up-channel formation: On the long-term weekly chart, it can be seen that the priceline of Algo coin has formed an up channel and moving between the support and resistance of this channel very well. While moving between the support and resistance of this channel the price action of Algorand is also making higher highs. Therefore if this time it will go for another higher high then it can be above $0.80. The exponential moving averages with the time period of 10 and 21 have also formed a bull cross beneath the candlesticks and now lifting the priceline up. And this cross is just formed therefore a more powerful rally is expected. Conclusion: In the near future, a more powerful rally is expected. However, if the price action will be able to breakout the resistance of the up-channel that has been formed on the daily chart, then it can also break out the key level resistance of $0.90 and can move to the highest price. And if it will surpass the previous high then it can even move to $5.
Long
by moon333
3
ALGOUSDT(Waiting for the Resistance zone Breakout)#ALGOUSDT Technical Analysis Update Waiting for the Resistance zone Breakout ALGO/USDT currently trading at $0.438 LONG ENTRY level: Above 0.4700 (only enter long after 1 H candle closes above the resistance zone) STOP LOSS: I will update once I see the breakout Resistance level 1 (Target 1): $0.520 Resistance level 2(Target 2): $0.560 Max leverage: 3X ALWAYS KEEP STOP LOSS... Follow our Tradingview Account for more Technical Analysis Update, | Like, Share and Comment your thoughts.
Long
by GreenCryptoTrades
4
ALGOUSD D1: XABCD 40% gains BEST LEVEL TO BUY(SL/TP)(RECAP)ALGOUSD D1: XABCD 40% gains BEST LEVEL TO BUY(SL/TP)(RECAP) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. Congrats if you followed. setup already running at +20% gains, 20% upside left. click play to recap orignal trade setup. 🔸 Summary and potential trade setup ::: ALGOUSD 2days/candle chart review ::: XABCD setup in progress ::: currently ACCUMULATION MODE ::: point C is near 27cents ::: BUY/ACCUMULATE near market ::: strong bullish chart ::: up to 50% gains possible later ::: short-term pullback possible ::: bulls wait for pullback ::: SPECULATIVE SETUP ::: do your own due dill ::: and use proper risk management ::: TP bulls is +40% gains ::: details: see chart ::: FINAL TP is 47/48 cents ::: recommended strategy: BUY/HOLD after correction ::: best entry near 30cents ::: TP BULLS +40% gains ::: SWING TRADE: BUY/HOLD IT ::: bull run not over yet ::: good luck traders! ::: BUY/HOLD and get paid. period. 🔸 Supply/Demand Zones ::: N/A ::: N/A 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment mid-term: BULLS ::: Sentiment short-term: BULLS
COINBASE:ALGOUSDLong
by ProjectSyndicate
6
ALGOUSD D1: XABCD 40% gains BEST level to buy(SL/TP)(NEW)ALGOUSD D1: XABCD 40% gains BEST LEVEL TO BUY(SL/TP)(NEW) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. 🔸 Summary and potential trade setup ::: ALGOUSD 2days/candle chart review ::: XABCD setup in progress ::: currently ACCUMULATION MODE ::: point C is near 27cents ::: BUY/ACCUMULATE near market ::: strong bullish chart ::: up to 50% gains possible later ::: short-term pullback possible ::: bulls wait for pullback ::: SPECULATIVE SETUP ::: do your own due dill ::: and use proper risk management ::: TP bulls is +40% gains ::: details: see chart ::: FINAL TP is 47/48 cents ::: recommended strategy: BUY/HOLD after correction ::: best entry near 30cents ::: TP BULLS +40% gains ::: SWING TRADE: BUY/HOLD IT ::: bull run not over yet ::: good luck traders! ::: BUY/HOLD and get paid. period. 🔸 Supply/Demand Zones ::: N/A ::: N/A 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment mid-term: BULLS ::: Sentiment short-term: BULLS
COINBASE:ALGOUSDLong
by ProjectSyndicate
1
ALGOUSDT (Trend line Breakout) Wait for the small retracement ALGOUSDT (4H CHART) Technical Analysis Update Trend line breakout ALGO/USDT currently trading at $0.3010 SHORT Entry level:0.3200 - 0.3300 (wait for the retracement STOP LOSS: 0.3400 Support level 1 (Target 1) : $0.2970 Support level 2 (Target 2) : $0.2800 Max Leverage: 3X ALWAYS KEEP STOP LOSS... Follow our Tradingview Account for more Technical Analysis Update, | Like, Share and comment on your thoughts.
Short
by GreenCryptoTrades
✳️Algorand/USDT (20/11) View + Trading Plan #ALGO $ALGOALGO just broke out of a Falling Wedge pattern and is ready to make a big move in the near term. The uptrend will be fully confirmed if ALGO can close a 1D candle above the 0.3$ zone. 📈BUY- LONG -Buy close to 0.25-0.26$, SL if B -Buy more: 0.3-0.315$ if A, SL if B 📉SELL-SHORT -Sell: 0.4-0.42$, SL if A -Sell: 0.5-0.525$, SL if A -Sell: 0.6-0.63$, SL if A ♻️BACK-UP -Sell close to 0.25-0.26$ if B, SL if A -Buy: 0.2-0.21$ if A, SL if B ❓Details Condition A : "If 1D candle closes ABOVE this zone" Condition B : "If 1D candle closes BELOW this zone"
Long
by CryptoStation
1
$ALGO ALGORAND is going to moon real bad comparedto BAND FET ERDToken Sale: 19 Jun – 19 Jun Ticker: ALGO Token type: Own wallet ICO Token Price: 1 ALGO = 2.4 USD Price: Max 10 USD; Min 0.1 USD Per Token Current Valuation: $439,682,763 USD Central Dollars Projected Valuation: $9,000,000,000 USD Central Dollars Algorand: the only decentralized, secure and scalable solution to the blockchain trilemma out of 6000+ dubious blockchain proposals out there. Not only is Algorand ranked as top 3 groundbreaking technology of 2020 according to MIT Review report www.technologyreview.com Algorand's MIT team has been chosen by Federal Reserve bank to launch a digital dollar with Coinbase in order to compete with China. www.bostonfed.org Amongst a hundred other milestones, Algorand has tokenized and decentralized Gold from Australian Company Meld Gold via FTX. Is listed on all renowned pioneering exchanges in the Blockchain 2.0 growing market. Will help launch Idex 2.0 Will help launch the first internationally welcomed Central Bank Based Digital Currency for Pacific Marshall Islands. Is supported by Steven Chan who is the Senior Director and Regional Head of Government Relations, Asia Pacific Paypal. Decentralized Algorand's groundbreaking technology is the only blockchain that's scalable to billions of users with seconds speed transactions. So far the only Rival out there is centralized and corruption dubious Ripple. I encourage you to review this discreet but behemothic and promisingly undervalued company founded by Silvio Micali who has received his Laurea in Mathematics from the University of Rome, and his PhD in Computer Science from the University of California at Berkeley. Since 1983, he has been on the faculty of the Electrical Engineering and Computer Science Department at MIT. Silvio’s research interests are cryptography, zero knowledge, pseudo-random generation, Byzantine agreement, secure protocols, mechanism design, and distributed ledgers. Silvio is the recipient of the Turing Award (in computer science), the Gödel Prize (in theoretical computer science), and the RSA prize (in cryptography). He is a member of the National Academy of Sciences, the National Academy of Engineering, of the American Academy of Arts and Sciences, and of the Academia dei Lincei. Rome before The United States, before London, Before China, Rome is at the epicenter of expertise in monetary policy and finance. This is it. Algorand will be in the top 3 one day.
Long
by axelrodd
2