ALGOUSDT
ALGOUSDT Daily TimeframeSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON STRENGTH OF THAT LEVEL.
ENTRY PRICE BLACK COLOR
MOST PROBABLE SCENARIOS TARGETS GREEN COLOR
LEAST PROBABLE SCENARIOS TARGETS RED COLOR
TARGETS ARE NOT EXACT NUMBERS THEY ARE MORE LIKE A ZONE.
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
START BELIEVING AND GOOD LUCK
HADIMOZAYAN
✅ALGOUSDT - Hit TP1 exactly in an hour as expected!-
Congrats if you've been following this trading strategy as below!
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Now you definitely take some profit at 1st TP.
Next, you can hold the rest till TP2 or TP3, surely can take it all anytime you want.
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I suggest that you can move the original SL a little upper to assure your potential profit!
Have a great profit guys!
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If you like this analysis, give it a like and leave a comment below to share your perspective
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
ALGO/USDT : Breaking out the trendline ! BINANCE:ALGOUSDT
Hello everyone 😃
Before we start to discuss, I would be glad if your share your opinion on this post and hit the like button if you enjoyed it !
#ALGO is breaking above the bearish trendline here.
📚 There are some of the bullish factors for it :
- There's a S/R line which has been broken and it has so much impact on #ALGO's master candle after a retest on it.
- Breaking above the current trendline will lead the pair to the recent high which is also.
- This the 5th attempt to breakout and based on 5th rule, Bulls have the opportunity to hold above the trendline.
- EMA200 is supporting the movement and also it's standing to the support zone on current chart's time-frame.
- MACD had a bullish crossover and now it's breaking above the neutral line; Also there's a buy pressure located on MACD.
- RSI is standing at 62 currently which is suggesting the bulls upper hand on current level.
- #ALGO is breaking above the MA200 currently
📌 You can take a ride after a hold above the mentioned resistance zone.
🔴 Any close below the support zone will invalidate the bullish bias.
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
ALGOUSDT - Good timing to break out this big Triangle!BYBIT:ALGOUSDT
4H trend chart
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ALGO has kept consolidating as a triangle formation for a while.
There were many times fake out and needed to modify the upper downtrend line.
Now it just broke it out in 1H chart, and we should notice the closure of 4H candle is firm or not.
So if price can be confirmed of breaking out this triangle, trading strategy as below.
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Profit Targets:
a) 1.8925----Fib(1)
b) 1.9708~2.0025----Fib(1.272~1.382)
c) 2.0704-----Fib(1.618)
Stop losses:
a) 1.7730-----Red horizontal ray
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If you like this analysis, give it a like and leave a comment below to share your perspective
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
Algo Geo is primo! Chart By CyptoKnee Quickie! Elliott Wave could be a couple things, but mostly corrective MO ATM, just one idea on there now. Somethings need to be invalidated and a break of the range would assist in getting a better Idea. But the GEO has been playing great! Going to be watching these with alarms set to see which way it decides.
ALGO CHART ANALYSISALGO is in a good position.
If it does break the trend I will buy and hold for a few days/weeks.
As I see it now, if it breaks the trend I will buy and put my stop loss at 1.5$.
At 4$ I will take 50% profit and I'll let the other 50% and take profit at 6$.
SL: 1.5$
TP1: 4$
TP2: 6.5$
This is not a financial advise, I am looking for long term benefit, this is my strategy.
ALGO - Keep An Eye On This LevelAlgo is at a pivotal point where we may either get a bounce off the 1.5 structure level or we can break through.
If we do break through, look out for a retest of that structure level before moving down.
Short targets would be the triple bottom region of 0.7.
Long targets will be the recent highs of 2.5.
ALGO USDT analysisHello Trader,
Please look at the video.
ALGO is on down trend and as per this analysis this will be continued to lower price as of the current date and time of publishing this idea.
RSI is low at 27, current price is ~1.63
1- First target is 1.56
2- The second is 1.49
3- Very ow possible third target is 1.21
--- Some advices
This is not a financial advice
Open trade at your own risk
Never invest beyond 10% of your portfolio
Never ever forget to have the stop-loss(1/2.5 R/R and more is better)
ALGO USDT on the 1 Hr LongI have a 4 hr chart on this as well.... its cleaner...1 hour prints a few more notifications from the script
Looking for a new entry into ALGO/USDT Based on my prior chart I went long at 1.59 and took profit on the break out around 2 dollars…
Now I see the pattern repeating its self. Here is a 4 hour view and I will add a 1 hour view as well that give more oracle prints.
Ideally I will look for a number of Buy and Pump incoming notifications to print to decide my entry
1.71
1.63
1.56
are the main local areas that I could see support holding Still debating on laddering my positions in or just waiting for more information to become clear.
With a sell between 2.23 and 2.37 based on resistance points from the one hour chart.
ALGO//USDT to continue pump with holding support - Next PartLooking for a new entry into ALGO/USDT Based on my prior chart I went long at 1.59 and took profit on the break out around 2 dollars…
Now I see the pattern repeating its self. Here is a 4 hour view and I will add a 1 hour view as well that give more oracle prints.
Ideally I will look for a number of Buy and Pump incoming notifications to print to decide my entry
1.71
1.63
1.56
are the main local areas that I could see support holding Still debating on laddering my positions in or just waiting for more information to become clear.
With a sell between 2.23 and 2.37 based on resistance points from the one hour chart.
Algorand (ALGO) - October 10Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(ALGOUSD 1W Chart) - Medium to Long-Term Perspective
Above 0.76754798 point: uptrend expected to continue
(1D chart)
First resistance section: 2.11836146-2.25112275
Second resistance section: near 2.51664536
First support section: near point 1.72007755
Second support section: 1.18903235-1.32179365
If the price is maintained in the range of 1.72007755-2.11836146, the uptrend is expected to continue.
However, it is recommended to maintain the price beyond the psychological support and resistance zone formed in the 1.90329264-1.97455023 zone.
The first resistance section is an important section that determines the trend.
So, if it rises to the first resistance zone, you need to check whether the price holds.
If you fall from the first support, you can touch the second support, so you need a short stop loss.
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(ALGOBTC 1W Chart) - Mid/long-term perspective
Bottom sideways section: 1970 Satoshi-4309 Satoshi section
6469 Satoshi point or higher: Expected to create a new wave.
(1D chart)
First resistance section: near the 4309 Satoshi point
Second resistance section: near the 6469 Satoshi point
Support section: 2452 Satoshi-2886 Satoshi section
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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.
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** 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.
(Because it is not public, 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 a 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.)
ALGOUSD 1Wtest
Algorand is an inclusive and transparent system in which anyone can build prosperity through decentralized applications and projects, no matter where they are. The platform gives developers, enterprises, universities, and investors opportunities to participate in trusted, credible blockchain development.
Algorand uses a Proof-of-Stake (PoS) consensus mechanism, and distributes validator rewards to all holders of its native ALGO cryptocurrency.
ALGO might be into a triangleThis shaping up might be a triangle! I cannot be sure yet considering that it's just beginning to shape and also because, it'd have a very tighten form compared with the prior one, however it might be. If I'm right this pattern will take until the end of november to form completely. Off course, in most cases, price don't fill the patterns completely so, a prossible breakout will occur before the end. Let's say that around 20th of November the breakout can happen.
However I expect a change in shape, probably an extension because this just look too short. If the chart will mimic prior one then price will take a dip to surge in 2022 (Jan to Feb). If ALGO will be positively influenced by altcoin season bullish wave I think a 40-50% increase is to be expected.
At the moment I don't feel like saying more because chart isn't showing too much. At least not much interesting. Anyway at daily and at 4h EMA 200 is under the price which is a good sign!
ALGO/USDT 1HOUR UPDATEWelcome to this quick algo/usdt analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :- algo/usdt is the bullish falling wedge
Entry:- 1.76$, 1.77$
Traget:-
T1:-1.82$,
T2:- 1.85$,
T3:- 1.88$,
Stoploss:- 1.73$,
Sorry for my english it is not my native languages.
Do hit the like button if you like it and share your charts in the comments section.
Thank you..