Algorand Confluence StrongIt's quite the busy chart but it's all about confluences. And right now I'm seeing strong confluence, which is a vote of confidence for me.
Bullish divergence with RSI signalling 5th wave completition (corrective)
Falling wedge boundaries being respected
RSI climbing slowly but surely
Bounce off .786 fib retracement and making a HL (need to see HH next)
RSI is now bullish on the 2D TF and up
If this is wave 1 of the current cycle and with a severe correction to .786 Fib, Algo won't correct much at wave 4. Meaning it's up and only up from now on till the fifth wave sometime in 2025.
This NFA!!
Algousdbullish
ALGO USDT LONG 👑Hello TradingView community 🚀 and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
Today I want to talk to you about the ALGO chart.
At the moment price break the structure.
Then, I think ALGO breaks continue to move up to my goal.
My target is located at charts level.
I expect this scenario.
This is my opinion, I really hope it will be useful for you.
Algorand (ALGO) formed bullish Gartley for upto 34.50% rallyHi dear friends, hope you are well and welcome to the new trade setup of Algorand (ALGO) with US Dollar pair.
Previously we had a nice trade of ALGO:
Now on a daily time frame, ALGO has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
ALGOUSDT , Amazing movement ...Hello everyone
Its one of the amazing chart that we analysed , it has amazing movement
According to the chart, after parabolic upward movement and complete waves, we expect the correction is omig toward the first support zone of trendline and if the price break this level, the price can drop to other levels of support zone.
If you need any help just tell us and send us messages in private
Good Luck
Abtin
NeutralHello guys, it seems that after a good growth, we are pulling back to the broken line, and the closer you buy to these lines, the better the price targets are, and the stop loss is the closing of the daily candle below the price of $ 1.60 in the daily time frame. I love you dear followers. Good luck
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
ALGOUSDT Flag Pattern!ALGOUSDT Technical analysis Update
ALGO/USDT currently trading at $0.8438
Flag Pattern
Buy level: Above $0.840
Stop loss: $0.800
TP1: $0.865
TP2: $0.910
TP3: $0.99
Max Leverage 3x
Always keep Stop loss
Note: please do your own research before investing. Never invest money that you can't afford to lose.
Have a look ... +150% potential for Algo 👌technically, we wont see Algo under 50 cents again unless bull run is over n actually it is not yet.
Algorand fundamentally from strong projects that have a great technology that's why it jumped from 8 cent to $1.80 !
82 cents is strong support n will hold in the worst correction scenario.
Algorand is a prefect choice for long term investment, it may rich 6$ n $9 maximum in the near longterm.
but we still have a great potential to go up.
Try to have some in ur portfolio.
✅ Buy: 1.25 - 1.00 ✅
🎯TARGETS:
1- $1.58
2- $1.80
3- $2.40
4- $3.30
💵 Trade Size: 5-7% of Portfolio
🚫 Stop loss: daily candle close below 0.825
Please click LIKE button and Appreciate my hard work.
Must follow me for latest crypto real time updates.
Thank you.
ALGOUSDT Resistance zone BreakoutALGOUSDT (4H Chart) Technical Analysis Update
Resistance zone breakout
ALGO/USDT currently trading at $1.48
Buy-level: Above 1.49 (only buy if 4h candle closes above the resistance zone)
Stop loss: Below $1.352
Target 1: $1.60
Target 2: $1.70
Target 3: $1.80
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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ALGO/USDT : Moving into ascending channel BINANCE:ALGOUSDT
Hello everyone 😃
ALGO is moving into ascending channel.
There's a located resistance line at current level which chopped ALGO.
It had a rejection from bullish trendline and now there's a possible rejection to support zone again !
But overall is bullish...
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
ALGO/USD Analysis Hi there guys. Here on a weekly chart, we've got ourselves the famous (or infamous lol) triangle plus hush ribbons indicator that clearly show that we're in a bull run. I'm expecting ALGO to go to at least 0.55-0.57 with some slight corrections on the way. Of course, we'll need bitcoin to either stay in between 19200 - 19600$ or at least not move farther than 19K. Anyways, DYODD guys. I wish you profits and a great week!:)
+170% potential for algo/usdtas provided in the chart as most of crypto are forming the same descending triangle.
but for algo it is different some how as it has a massive potential when break out come
predicted to touch the support 28.0 cent at the mid of dec.
break out of triangle in the last 10 days of dec.
january will be a fire month for algo and the whole market
enjoy trading it ....good luck
ALGOUSDT (Resistance Breakout)ALGOUSDT (4H CHART) Technical Analysis Update
Resistance Breakout
ALG0/USDT currently trading at $0.320
LONG ENTRY LEVEL: After resistance Breakout in 4-hour chart (only enter long after 4-hour candle close above the resistance level at 0.320$
STOP LOSS ( support): Below 0.2940$
Target: $0.400
Max Leverage: 4X
ALWAYS KEEP STOP LOSS...
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Negating this VERY bearish pattern and reverse back up?*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. You should always do your own due diligence before trading or investing.
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*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.