XRMUSDT 24HR WK #11 (ALT SECRET)XMR will continue to outperform the majority of altcoins.
#1 most altcoins are still +20% from 12/15/21
#2 XMR is still above the 50ema (thick purple)
To find out if your altcoin is worth a ish use this
total3 mkcap (minus btc and eth)
Is your alt trading lower than the total3?
Is your alt 50ema above, below, or indifferent to the total3 50ema
Is your alt moving with speed and conviction
ALGOUSDT
ALGO/USDT 4 HOURS UPDATE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
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Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as an
ALGO/USDT is making this falling wedge pattern.
Entry: $0.6830-$ 0.6950
Targets- 20%
LEVERAGE-5X - 10X
Stop Loss: $0.6690
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
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ALGO/USDT by CryptoTradersWWThis morning, I'm attempting to discover some longer-term opportunities.
Algo/USDT is one of the coins that is close to historical support.
The price is currently testing $0.67 for the fourth time, but no meaningful reaction has yet to be seen. The zone between $0.50 and $0.56 is another level | am interested in for a long time.
There is ascending trendline support as well as many levels of confluence in this area. I've activated my alerts!
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☑️ Create a civil and healty discuss in the comments and share with me your thoughts
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ALGO/USDT SCALP TRADE STUP!0.695-$0.705Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ALGO/USDT SCALP setup. Our previous two scalp setups (CTK&GALA) gave us amazing more than 100% profit. Expecting the same with ALGO.
ALGO is breaking out from the falling wedge in an hourly time frame. Buy some now and add more in dips.
Entry range:- $0.695-$0.705
Target:- 10-12%
SL:- $0.682
Lev:- 10x
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ALGO breakout shortALGO broke support floor on 4h chart, and retested breakout zone and 50% retracement level. After having a pullback to cradle zone, we had a bearish close below the 20 day ema on the 1h chart. On the 15 min chart, we had a break of structure and a bb break to the downside.
- This is a swing play that had a good day trade entry. I forsee some bearish action in the total market, but price may reverse and retest our previous breakout / support floor area more. My stop loss has compensated for that being above the highest volatility zone and above the previous breakout zone and consolidation area
- This trade will be managed discretionally
Expanding Diagonal for ALGOUSDLeading Expanding Diagonal (3-3-3-3-3)
Rules:
Wave 1 shorter than Wave 3
Wave 3 shorter than Wave 5 (sets 7$+ target for Wave 5)
Wave 4 must overlap into Wave 1 territory
Can overshoot or undershoot the top trendline
Additional comments:
Local bottoms seem to be equally spaced according to time cycles;
Stochastic RSI is deeply oversold on all major timeframes (Daily, 3D, Weekly and Monthly)
It might go lower than current price but a major move to the upside should be starting soon
There's also a lot of fundamental bullish news for Algorand in 2022
This chart is for educational purposes only, it's not financial advice
ALGO LIKELY MOVE - TO FALL TO $0.61Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
This is a pennant pattern indicating a fall to the lower trendline before a rise to the upper trendline before an upward breakout.
If this should play out, I expect a fall to $0.61 before a move to the upside
What do you think?
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ALGOUSDT LONG CURRENTLY AT BUY ZONEMarket retraced to the institutional candle that was formed couple of months back, we are currently at the 4 wave of Elliot wave so we should see a rise in price and hit the 5 point of Elliot wave before going down we also just bounce from the bottom of the Bollinger band and MACD shows gain in momentum which means we are starting to go back up, our first take profit is at the 50% fib zone, and the second one is at the 3 point of Elliot wave, we should see higher high then the 3 Elliot wave but taking our profits in at it should be a lot more safer.
Target 1: 1.289
Target 2: 2.369
Invalidation: 0.619
Ratio: 1:4.69
Entry: 0.747
ALGO short(Extension of previous trade)
- Back in, still short term bearish on total market as price is very over extended and beginning to lose momentum. We had another 1 hour candle here to engulf the previous fake out therefore invalidating the previous fake out since it got rejected and held to the downside
* Using this trade as a short term hedge to my other long position
ALGOUSDT 3D TA : Support ZoneAccording to the chart, we have reached the important support range again and we expect support in this price range of $ 0.65. We expect the price to rise to the trend line if buyers succeed in supporting in this range. Otherwise the loss becomes more severe with the loss of support. The analysis is updated in case of a fall.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
ALGO/USDT 4 HOURS UPDATE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as an
ALGO/USDT is making this bullish expanding Triangle pattern.
Entry: $0.75 - $0.77
Targets- $0.8 - $0.843 - $0.88- $0.92- $0.97- 1.04
LEVERAGE- 5X
Stop Loss: $0.725
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
ALGO shortTotal market:
- BTC at daily resistance, bulls losing momentum. Price has broke triangle on 15 min chart to the down side
Daily:
- Price getting rejected at 20 day EMA & previous structural level
4H:
- Had bearish divergence, price could not break resistance level
1H:
- Price broke uptrend line, retested and has rejected and making move lower
15 min: (entry)
- Price selling off, going to have bb break to the downside
Stop loss: 0.8649
- within previous volatility level above VPVR zone
Take profit: 0.7336
- at strong liquidity zone on daily
* managing trade discretionally
ALGOThinking ALGO ran The Fib extension gambit here all the way to $3 back in Aug 2021. (luckily some of our members took part in this move as I alerted the buy around $1 I think back in July 1 month prior) since then Algo stays inside 1 brutal correction and I'D say .53c gets tested B4 we can resume the run. But the wick to .67c bottom channel TL does show massive support.
So kinda hard to call here, but if my BTC analysis is correct in projecting BTC double bottom after we finish this B wave then ALGO will likely hit my lower bearish targets. If my BTC analysis is incorrect then likely ALGO has bottomed. Let's keep an eye on this.
Liquidity Grab #AlgoIn a weekly TF , market been range bound. On the Hindsight it took the liquidity off the upper range .. now is the time to gain it at Below the range .. IMO there is a big liquidity pool below the range low ( Equal Lows ). Breaching that and closing in the range will be a very bullish signal for #Algo