Get started

ALGOUSDT

ALGO/USDT (Trend Line) As the name implies, trend lines are levels used in technical analysis that can be drawn along a trend to represent either support or resistance, depending on the direction of the trend. Think of them as the diagonal equivalent of horizontal support and resistance. Notice how shortly after breaking trend line resistance, the market came back to retest the trend line as new support and formed a bullish pin bar in the process. This allowed price action traders to buy just before the market rallied for up trend
Long
by majidalisabir
Algorand (ALGO) - September 4Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (ALGOUSDT 1W Chart) The 0.3310 point is an important support and resistance point, and whether we can move higher than 0.3310 is crucial. (1D chart) It is mixed, so you need to be careful with your trade. Therefore, it is necessary to confirm whether it can be supported by rising above the 0.3310 point. - In order to continue the upward trend from the current position, it must rise above 0.3601. - For those who are investing in ALGO, we recommend that you take the time to trade to increase the number of coins (tokens) you have. From a mid- to long-term perspective (at least 6 months to 1 year or more), a large uptrend is expected. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
Algorand (ALGO) - August 23Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (ALGOUSDT 1W Chart) The key is whether it can rise above 0.3310 and find support. (1D chart) If it does not rise above the 0.3099-0.3310 section, there is a possibility that it will fall to around 0.2140. - Since the RSI, Stoch RSI, and CCI(9) indicators have all entered the oversold zone, if they start to break out of the oversold zone, it is likely to lead to a big rise. To do that, you need to find support at or above the 0.3099-0.3310 range when you break out of the oversold zone. If it doesn't and it's finding resistance as it is now, it's likely to lead to further declines. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
1
ALGOUSDTWe have no signal to change the trend and form a downward trend! It seems that the possibility of continuing the upward trend similar to the drawn scenario is not out of mind! Keep in mind that the condition for the continuation of the upward trend is to maintain the price range of $0.3189!!! If the upward trend continues to the white range ($0.402), the long-term descending channel will be broken upwards, and after that we should wait for the consolidation of the break. We would be happy to hear your comments.
Long
by FiboTech
2
Algorand (ALGO) - August 12hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (ALGOUSDT 1M Chart) The key is whether the price can be maintained above 0.3310. (1W chart) The key is whether it can find support at the 0.3310-0.4478 zone and move higher than 0.6704. - The RSI indicator is out of the oversold zone, but the Stoch RSI indicator is entering the overbought zone, so it is expected to show a mixed trend. (1D chart) It seems likely that a trend will form in a direction that deviates from the 0.3099-0.3872 range. A move above 0.3872 is expected to rise above 0.4478. However, holding the price above 0.3310 is expected to lead to an attempt to move higher above 0.3872. If it falls below 0.3099, it is expected to decline to around 0.2140. Therefore, if it falls below 0.3099 and resists, a stop loss is required to secure cash. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
1
ALGORAND - Potential to Explode UpwardsBITCOIN AND CRYPTO MIGHT PUMP ON GOOD USA DATA: Weekends have been very weak the past months but this could change. After all, crypto adoption is a trend. Not convinced? well here it is: Coinbase and BlackRock to create new access points for institutional crypto adoption by connecting Coinbase Prime and Aladdin News: Algorand Foundation announces global winners for its $50M blockchain research and education program One Love, the FXPROFESSOR
Long
by FX_Professor
3
ALGOUSDT |Coin Review| The bullish pattern will not hold!hello, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉 📌Friends today in our ALGO viola review 📌 There is a bullish triangle on the chart, the price is at the bottom of the pattern, I think if the price breaks the triangle, then we will probably test the trend line support zone, then it will start to grow with renewed vigor. 📌Of course, this is not a quick deal as you would like, but it looks good for the future. Write your comments what do you think about it👇
Short
by CryptoW1neer
Algorand (ALGO) - July 31Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (ALGOUSDT 1W Chart) The key is whether it can find support and move higher near 0.3319. (1D chart) Primary resistance: 0.3872-0.4478 Secondary resistance: 0.5993-0.6704 Support: 0.3099-0.3319 If it finds support above the HA-High indicator of 0.3414, I would expect it to move higher. A break below 0.3099 to find resistance is expected to lead to further declines. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
1
ALGOUSDT Analysis (LOCAL VISION)Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: market and lower Target: 0.42 and 0.46 after first target reached move ur stop to breakeven Stop: ~0.3 (depending of ur risk). ALWAYS follow ur RM . Risk/Reward: 1 to 4 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions.
Long
by trytofeelpositive
ALGO - Nice level to shortReasons to take short: ⭐️ BTC rose a lot, pullback is needed ⭐️ Slowly squeezing to the level ⭐️ Impulse was too sharp ⭐️ No power to update local high ⭐️ Volume left the coin ⭐️ 40 ATR ⭐️ Under VWAP Will enter when price squeezes to the level on 5m timeframe, the base will form and the tape will get faster. If you don't understand the previous sentence, just use swing stop-loss 3-5% Fix profit by parts: 1% - 1/3 2% - 1/3, stoploss to breakeven What's left, hold to the maximum What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
Short
by Artem_Dishel
14