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ALGOUSDT

ALGORAND- Next to Pump 🕺ALGORAND has been extra volatile with a huge pump and dump candle just a few weeks ago. At this stage the rice has just broken over resistance and could possibly fly higher. News: Algorand Surges as Foundation Incentivizes DeFi Activity on Algofi The announcement of liquidity rewards for a product built on Algorand put ALGO tokens among the few gainers on (last) Thursday. The move came hours after the Algorand Foundation, which oversees development on layer 1 blockchain Algorand, announced a $3 million incentive program for Algofi, a decentralized finance (DeFi) platform that relies on smart contracts to offer low-cost lending and borrowing services to users. “Through a partnership with the @AlgoFoundation Aeneas DeFi Fund, Algofi will be launching a rewards program of $3MM (2MM $ALGO),” Algofi noted in a tweet this morning, adding the incentives will run for active users through the first quarter of 2022.
Long
by FX_Professor
3
ALGO/USD ChartHi, I try to post often so if you could follow and like it would mean a lot to me. ALGO is very bullish right now and is ready to move towards 2$. The FOMO on the coin is amazing, the 4H and 1D charts are looking amazing. The coin broke the 1.50$ resistance a few days ago, and after having a bullish retest, the coin looks ready to skyrocket. I don't have to much to say, but right now BTC is moving sideways in between the 45K-48K, and the best way to be profitable right now is in alts that are showing strenght (like ATOM and ALGO). Please comment what you think and check my recent ideas!
COINBASE:ALGOUSDLong
by Devan-CryptoCharts
ALGOUSD D2: 250%+ gains THE BEST Level to BUY/HOLD(SL/TP)(NEW)Why get subbed to me on Tradingview? -TOP author on TradingView -2000+ ideas published -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -before/after analysis -24/7 uptime so constant updates 🎁Please hit the like button and 🎁Leave a comment to support our team! ALGOUSD D2: 250%+ gains THE BEST Level to BUY/HOLD(SL/TP)(NEW) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. 🔸 Summary and potential trade setup ::: ALGOUSD D2 chart review ::: updated/revised outlook ::: overall strong chart looks good ::: BULLISH compression pattern ::: focus on buying lower later ::: final swipe lower possible/likely ::: but then expect MASSIVE GAINS ::: chart looks good /strong ::: still valid today / great setup BULLS ::: BULL FLAG setup with massive upside ::: still expecting pullback off the highs ::: get ready to BUY LOW later ::: accumulation in range previously ::: then we had 350% gains PUMP ::: we had 2 pumps already before this ::: 350% pump - pullback ::: then 350% pump and now pullback mode ::: expecting short-term pullback ::: BULLS get ready to BUY after pullback ::: TP bulls is +250% gains later ::: expecting decent gains soon ::: 20-30% pullback short-term ::: recommended strategy: BUY/HOLD after pullback ::: TP BULLS +250% 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: BEARS/PULLBACK RISK DISCLAIMER: Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
BINANCE:ALGOUSDLong
by ProjectSyndicate
3
ALGOUSDT, Are we repeating the previous cycle ?Hello everybody According to the chart you can see the price was done the cycle and now because of the distance of the price is a little far from static support line that we shown on chart (Yellow Box), We expect the price is coming to impact to the trendline support area then it can repeat the cycle and we are in the beginning of the cycle. But if the price can not support from the trendline support zone its ready to drop more and break that support and reach to our static zone (Yellow Box). The trend of the ALGO is upward adn we are only be in position according to the trend :D Previous analysis : If you have any question ask us in private Good Luck Abtin
Long
by Abtin00
ALGO Bullish ALGOUSDT Buy Signal !!!!Not bad zone.. Use stoplose.. Not financial advice just my opinion.. Fundamentals: 1. Algorand is formally a public blockchain but sharpened to corporate culture for commercial use. 2. There is a possibility that only Ethereum and Algorand will be popular in a few years. Many other blockchains will simply occupy a small niche for their followers (Near, Solana, BSC , etc).You see this analysis from Lisa Emiliano. 3. Ethereum will remain the main forge of new technological projects with open source and decentralization, while the commercial use of distributed registers will remain with Algorand. 4. ALGO operates an algorithm that releases additional ALGO into circulation whenever the MA-30 rises above its ATH .You see this analysis from Lisa Emiliano. This artificially suppresses the price. It brings stability to ALGO, which is typically more attractive to forming large-scale partnerships but it discourages investors. Thankfully, this algorithm will no longer function beyond mid-2023. 5. Algorand has signed an agreement with the Government of El Salvador that the entire blockchain infrastructure of the country will be based on Algorand technology.
Long
by Lisa_Emiliano
4
buy zoneit's no secret that i'm bullish on ALGO long term, and i think we're likely to see strong growth starting in Q1 2022. here are a few reasons why: the new governance model is beginning, and users will be locking up supply for extended periods of time, effectively taking algo out of circulation. supply down, price up. el salvador committing to algorand for their crypto infrastructure. el salvador doesn't exactly have a great track record as a model government, but i do think their endorsement is a valid signal of adoption. it's fast and cheap and has some of the best minds behind it. and with MIT's ties to the Fed, i'm betting ALGO is on the U.S.'s short list. placing my next round of buy orders on this $1.30 support. price may dip further to retest either of the major bull trendlines, but i don't think the probability is high enough to risk waiting. this is (not coincidentally) right around the same level i was buying last time:
by reees
2
Algorand (ALGO) Buy ZoneAlgorand (ALGO) Buy Zone -------------------- BIAS Long-Term : Bullish RISK : LOW Algorand breakdown crucial resistance zone $1.56, just after the breakdown Algorand saw a short term dip. -------------------- $ALGO/USDT SPOT SETUP Entry Price : 1.0365 - 1.076 Mid-Term TP 1 : 1.1 TP 2 : 1.39 TP 3 : 1.217 TP 4 : 1.3375 Long-Term TP 5 : 1.4622 TP 6 : 1.5731 TP 7 : 1.779 TP 8 : 2.1 Stop Loss : 0.91 *Stop Loss - ALGO daily close below 0.91 *Maximum 5% of Portfolio. *Whenever TP 2 hits, Move stop loss to entry. --------------------
Long
by Zerene
3
ALGOUSDT Analysis (LONGTERM)Hello friends. Please support my work by clicking the LIKE button(If you liked).Thank you! Everything on the chart. open pos: market and lower target: 2.9 - 3.8 - 4.4 after first target reached move ur stop to breakeven stop: ~im w/o stop(depending of ur risk). ALWAYS follow ur RM . risk/reward 1 to 6 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 your questions or suggestions.
Long
by trytofeelpositive
11
ALGORAND- Updated Chart with Key Levels 🕺Updated chart for ALGORAND which had a nice recent Pump and Dump that hit our 3 previous targets. Remember: Buying and Holding will get you places but learning how to take profits and buying the dips will take you there faster... 3 Reasons to Buy Algorand : 1. Interoperability 2. Smart contracts 3. Algorand's growth potential is impressive For hypergrowth investors, finding investments that provide unique competitive advantages and moats is important. In the cryptocurrency world, there is certainly no shortage of such options. However, Algorand's unique network provides interoperability along with functionality that is truly enticing. Of course, like other digital tokens, Algo is not without risk. This token's value depends upon the market consensus of its value, and the value of the underlying Algorand network. Accordingly, volatility can be expected. However, those seeking a hypergrowth option in the cryptocurrency space today have reason to consider Algo. This is one of the top cryptocurrencies I've got on my watch list right now. One Love, the FXPROFESSOR
Long
by FX_Professor
3