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ALGOUSDT

ALGOUSD D1: PRICE/ RSI DIV WARNING / 75% correction(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 D1: PRICE/ RSI DIV WARNING / 75% correction(SL/TP)(NEW) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. NOT a setup to SHORT ALGOUSD. Just showing signs of weakness and recommend to stay out of this market into the pullback. 🔸 Summary and potential trade setup ::: ALGOUSD daily chart review ::: not a great looking chart ::: hit top / resistance of the bullish channel ::: also noteworthy divergence ::: price/ RSI div very clear on D1/H8 TF ::: expecting correction/pullback mode ::: pullback required to attract ::: new buyers from the lows ::: 60-70% pullback possible next ::: 6-10 weeks in Q3/Q4 2021 ::: right now limited upside ::: positions traders should wait for ::: better entry prices later after ::: correction MODE up next ::: be careful don't get caught up in this ::: also overextended right now ::: BULLS remain on sidelines and ::: be ready to BUY LOW later ::: recommended strategy: SHORT SELL RIPS/RALLIED ::: TP BEARS is +75% gains ::: BULLS stay out until correction is over ::: SWING TRADE: SHORT/HOLD IT ::: correction run not over yet ::: good luck traders! ::: BUY and get paid. period. 🔸 Supply/Demand Zones ::: N/A ::: N/A 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment mid-term: BEARS/CORRECTION ::: Sentiment short-term: BEARS/CORRECTION 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.
COINBASE:ALGOUSDShort
by ProjectSyndicate
20
Algo is Bullish to the bonesALGO IS SO BULLISH, it's forming not one falling wedge but two wedges (technically bullish patterns) 😀...No matter how you look at it it's bullish, with expectations to reach $2.80 min or $3.00 after the breakouts upwards. Algorand has been on an uptrend lately and topped charts as the best performer coin multiple times. With the price climbing to heights not seen since early April, showing significant volatility over the last week. As a project algorand is very good and of course you can hold for long term. (better days are coming for sure)! Good luck 🤞
BINANCE:ALGOUSDLong
by PatrickHob
9
Algorand's (ALGO) Bullish IndicatorsALGO or Algorand has one of the stronger looking charts in the crypto space With it's recent ascent from $1ish to $2.50ish, ALGO is currently undergoing some price correction What's nice about its ongoing correction is the Volume Contraction Pattern (VCP) on its daily volume, a bullish sign. The previous resistance that it broke, $1.80 ish, is now acting as support as evidenced by candles bouncing from this level whenever it nears that price Let's see how this will play out. Good luck!
COINBASE:ALGOUSDLong
by kevvela
2
ALGO/USDT : Breaking out the trendline ! BINANCE:ALGOUSDT Hello everyone 😃 #ALGO has formed a descending triangle, The movement is marking to be bearish by the current bearish trendline. But there is an attempt to break above the trendline, Also after any correction to FIB's level; EMAs will support the movement and it should pullback from that points.. Have to mention that Volatility is being bullish too ! So there will be two bullish scenarios : - Break above the trendline at current point and volatility cause another bounce by the bullish crossover - Retest on lower EMAs and pullback from the support zones which has been merged with FIB's levels. 📚 Targets are mentioned on the chart, Potential +70% growth after a correction on FIB's levels ! 🔴 We might face more FUD news as #BTC is approaching the 50K's resistance again, So manage your risks and don't engage more than 4% of your portfolio on ALTs. Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
Long
by Helical_Trades
23
ALGO resdy for another push to the upside!Here's a quick look at ALGO 2 hr chart. As we can see, the price has been forming a descending triangle and we could see a break to the upside soon! Definitely one to keep an eye on. The best entry would be, when the price breaks above the descending triangle with good amount of volume . ------------------------------------------- The idea is: Buy the breakout from the descending triangle and take profits at the levels shown in the chart. Targets: - Profits can be taken in the resistance zone . 1. 2.19$ 2. 2.49$ 3. 2.98$ ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
ALGOUSDT Technical Analysis ⏳ Spot 💎 ALGOUSDT has been moving in the ranging channel. It has also formed a descending triangle. I expect that the price soon will break above the triangle and continues to go higher. 🏁 Short Term 💵 Invest Only 5% of your Portfolio 🎳 Entry at market or 2.0000 ☕️ TP1 2.4000 🍺 TP2 3.4000 🍻 TP3 ______ 🍾 TP4 ______ 🍷 TP5 ______ 🍸 TP6 ______ 🍹 TP7 ______ 🎁 TP8 ______ 🚫 SL 1.8000 Good Luck 🎲 Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️ Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. We will have more FREE forecasts in TradingView soon Have a Profitable Day
Long
by Fibonacci-Signals
2