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 🎲
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ALGOUSDT
Algo Uptrend on the lines, looking to break by tomorrow nightI believe this will break up and form a mutant cup and handle in both the chart and volume. My dip buy target was 1.60 cents but it did not reach my desired level, still looking for a test of that level, but the bullish bounce means most likely we see uptrend continue this weekend. Good luck. Not financial advice. All lines are hand/eye drawn and not taken from any indicator other than rough eye.
ALGOUSDT Swing Trade Setup!ALGOUSDT (DAY CHART) Technical Analysis Update
Major resistance Breakout
ALGO/USDT currently trading at $2.18
Buy-level: $2.00 - $2.20
TP 1: $2.50
TP 2: $3.00
TP 3: $3.50
TP 4: $4.00
Max Leverage: 1x or Buy it on spot Martket
ALWAYS KEEP STOP LOSS...
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ALGO - Potential Rising Three Methods Candlestick PatternWhat is the Rising Three Methods Pattern?
"Rising three methods" is a bullish continuation candlestick pattern that occurs in an uptrend and whose conclusion sees a resumption of that trend.
Read more: www.investopedia.com
As Bitcoin recovers from the previous consolidation rage, I'm convinced that the Rising Three Methods could play out.
ALGORAND - 🤔Has Not Exploded as We expected But.... 🙏🙏But a bullish flag on the chart might change things for us.
I had posted about Algorand a lot but nothing much has happened since Thursday...
Maybe time for volatility to arouse and Algorand to fly? Well i certainly hope so because i have high expectations from ALGOI and funds tied up with it.
Let's go ALGO!
ps. Checj this great news : SPORTS
Drone Racing League lands $100 million deal with crypto platform Algorand
ALGORAND ASCENDING TRIANGLE but.. **BINANCE: ALGOUSDT 2H HEIKIN ASHI**
ALGORAND at the 2 o'clock shows a clear resistance at the top.
With the ascending higher bottoms you could therefore say that an Ascending Triangle / upward triangle is formed (usually bullish).
You can clearly see that within the pattern the pressure on the support is greater than the pressure against the resistance... so something to look out for. Should the Bears make it here they will run into an old resistance around $1.85 and if it doesn't hold and the trend continues, a drop to $1.50 is also very possible. However, I do see some bullish divergence that could give the Bulls an impulse to move towards $2.49. look out for an above-average volume breakout.
Keep calm, trade safe and manage your risk.
(Disclaimer: This is not financial advice)