Get started

ALGOUSDT

ALGORAND- Dancing with El Salvador & Switzerland🕺 (p4)21Shares Announces Listing of Polygon, Avalanche and Algorand crypto ETP on SIX Swiss Exchange Algorand price soared over 50% to new two-year high Algorand (ALGO) — the native cryptocurrency of the Algorand blockchain — soared 50% from just under US$1.70 noon Asia time today to a new two-year high of US$2.66, according to CoinGecko data. But the surge was short-lived, with ALGO currently trading just under US$2 as of publishing time. Fast facts Algorand’s surge came as Korean cryptocurrency exchange Upbit announced the listing of the South Korean Won (KRW)/ALGO trading pair on its platform. Upbit, South Korea’s first licensed crypto exchange, dominates the Korean crypto market with a market share of over 80%. Algorand is an open-source, public, blockchain-based network that supports a wide range of applications. The blockchain, which was launched in June 2019, uses a “pure proof of stake” (PPoS) algorithm invented by its founder Silvio Micali, an MIT professor. In September, Algorand crossed the US$2 mark for the first time in two years following news that Koibanx, a Latin American asset tokenization and blockchain financial infrastructure company, had signed an agreement with El Salvador to develop its blockchain infrastructure on top of Algorand’s technology. Algorand has also been expanding its use cases in decentralized finance (DeFi), non-fungible tokens (NFTs) and central bank digital currencies. The blockchain currently has over US$80 million in total value locked in DeFi protocols, according to DeFi Llama. Algorand is currently ranked the 19th-largest cryptocurrency with a market cap of US$12 billion, according to CoinGecko data. Algorand’s Decipher event, which brings together Algorand’s developers, investors and stakeholders, is scheduled to take place from Nov. 29 to Nov. 30 in Miami and online. Someone might have done us a favor today, dumping it after such an increase in price. It looks like it will start Pumping again! Go ALGORAND! the FXPROFESSOR
Long
by FX_Professor
9
ALGOUSDT Descending Triangle Breakout | 80% Move ExpectedALGOUSDT Descending Triangle Breakout | 80% Move Expected ALGO was in the correction phase since September 12, 2021, after successfully creating ATH at 2.5499. Now, ALGO has broken the Descending Triangle Pattern and seems bullish from the current price of 1.7431. NOTE: 1. Q4 Started and highly volatile 2. Do your own analysis 3. High risk involve in this trade 4. Spot trading only 5. Take very low risk Disclaimer: I will not be responsible for any of your loss or profit. Buying Zone: 1.7454 - 1.8000 TP1: 1.8615 TP2: 2.0496 TP3: 2.3858 TP4: 2.7460 New ATH | Final Target: 3.1855 SL: 1.5534 Net ROI: 75% - 81% Trade Risk: 11.38% NOTE: Do not use more than 15% risk of your account.
Long
by unitsol
4
ALGOUSDT AnalysisHello friends. Please support my work by clicking the LIKE button(If you liked).Thank you! Everything on the chart. open pos: market target: 2.75 and 3 after first target reached move ur stop to breakeven stop: ~1.48 (depending of ur risk). ALWAYS follow ur RM . risk/reward 1 to 2+ 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! Will be very appreciate for ur donat/coins :) Open to your questions or suggestions(Looking for investors!).
Long
by trytofeelpositive
2
ALGOUSDT AnalysisHello 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: 2.4 - 2.75 - 3 after first target reached move ur stop to breakeven stop: ~1.43 (depending of ur risk). ALWAYS follow ur RM . risk/reward 1 to 3 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! Will be very APPRECIATE FOR UR DONAT/coins :) Open to your questions or suggestions(Looking for investors!).
Long
by trytofeelpositive
18
Algorand : algousdt Everyone in crypto knows #Algorand: strong fundamentals, good community, high trading volume... Now that we are talking #algousdt has broken a triangle upside. If you go back and look at the chart, you see a huge cup&handle pattern which is also broken upside. Everything suggest buy. I'm telling you; this is gonna be huge . #full_send #algo #todamoon REMEMBER: this is daily timeframe, I do NOT tell you where/when to buy. Make your decision based on the chart and provided patterns. Always do your own research. #dyor Good luck, Median Eagle.
Long
by Median_Eagle
ALGO STANDS STRONGAlgorand was showing the strongest type of structure prior to the sell-off in crypto throughout todays Asian-Session. Considering this neutral pennant has held, and that price does not fall below 1st support at 1.70 USD then ALGO looks clear to re-test the top of the wedge around 2.30USD, 2nd Resistance. Bitcoin must hold above 60K USD for this trade idea to stay valid, should BTC/USD fail to do so then new lows are inbound on ALGO around 1.55USD 1ST SUPPORT: 1.70 USD 2ND SUPPORT: 1.55 USD 1ST RESISTANCE 2.00 USD 2ND RESISTANCE 2.30 USD “Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party."
COINBASE:ALGOUSDLong
by easyMarkets
4
Algorand (ALGO) - November 15Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (ALGOUSD 1W Chart) - Mid-Long-Term Perspective Above 0.76754798 point: uptrend expected to continue (1D chart) First resistance section: near point 2.30117362 Second resistance section: 2.84473154-3.02591751 Support section: 1.57642973-1.75761570 We need to see if we can sustain the price above the 1.90329264-1.97455023 segment. If it goes down, you should check to see if you find support in the support zone. If the price holds above the 1.90329264-1.97455023 range, I would expect a move to move above the first resistance level. ------------------------------------------ (ALGOBTC 1W chart) 4309 Satoshi-6469 Satoshi section or more: Expected to create a new wave. Above the 2886 Satoshi point: Expected to turn to an uptrend. Currently, it is forming a box section below the 4309 Satoshi point and walking sideways. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released. (Since it is not publicly available, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying the formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (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.) ---------------------------------
BINANCE:ALGOUSD
by readCrypto
1
ALGOUSDT (Algorand) - Coin of the WeekAlgorand is a self-sustaining, decentralized, blockchain-based network that supports a wide range of applications. These systems are secure, scalable and efficient, all critical properties for effective applications in the real world. Algorand will support computations that require reliable performance guarantees to create new forms of trust. The Algorand mainnet became live in June 2019, and was able to handle almost 1 million transactions per day as of December 2020. Algorand initial coin offering (ICO) was held in June 2019, with the Algorand price of $2.4 per token. Technically, for this coin we see 2 major scenarios playing out right now. The first one is a retracement to the blue channel low and then a continuation to the upside and the second one is a break of the channel with a consolidation below and a move to the downside that will reach at least the first support area marked on the chart at 1.2 USDT. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
by financialflagship
7
ALGOUSDT TECHNICAL ANALYSIS 13112021What Are Fibonacci Retracement Levels? Fibonacci retracement levels are horizontal lines that indicate where support and resistance are likely to occur. They stem from Fibonacci’s sequence, a mathematical formula that originated in the 13th century. Each level is associated with a percentage. The percentage is how much of a prior move the price has retraced. The Fibonacci retracement levels are 23.6%, 38.2%, 61.8%, and 78.6%. While not officially a Fibonacci ratio, 50% is also used. from investopedia. No investment advice...
Long
by volkancetin
ALGOusdt The Cup and Handle pattern is a bullish continuation pattern that resembles a cup on a candlestick chart. The cup part of the pattern is when the price gradually changes its direction from bearish to bullish, intuitively speaking, investors get hope for the performance of the security. A handle is when the price retraces slightly before it rises sharply and resumes the previous trend. The profit target is determined by measuring the distance between the bottom of the cup and the breakout level of the pattern and increasing that distance up from the breakout point. The first target is shown in the graph. Further goals are to overcome and set a new maximum. Control your risks and good luck to everyone.
by Shancuha
2