Get started

Algousdtanalysis

Algo:Bullish Momentum Intact for a Potential Upside continuationAlgo/USDT has been one of the standout performers among altcoins over the past month, with the price soaring by over 500%. After peaking just above $0.60, the coin experienced a healthy correction, forming a local low at $0.35, a level slightly above March's high. Following this correction, BINANCE:ALGOUSDT entered a consolidation phase, creating a base around the $0.40 mark. This consolidation suggests the market is gathering strength for another potential upward move. Currently, the price action indicates that Algo/USDT may be preparing for a new leg higher, with a likely target at the significant resistance near $0.70. From a strategic perspective, I remain bullish as long as the $0.32 support level holds firm. The suggested approach is to buy dips, capitalizing on opportunities within this uptrend. Key Levels to Watch: - Support: $0.35 (recent local low), $0.32 (critical support) - Resistance: $0.60 (previous high), $0.70 (major target resistance)
Long
by Mihai_Iacob
Algorand middle term targetsAlgorand middle term targets BINANCE:ALGOUSDT Possible Targets and explanation idea ➡️We already sweep covid historical march 2020 low ➡️On a W tf we can see money inflow based on my Money Power indicator ➡️Perfect scenario with test of Buy line of my Take Profit indicator ➡️Target will be break out of downtrend line and test with full fill around 0.53$ monthly FVG. Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. --- • Look at my ideas about interesting altcoins in the related section down below ↓ • For more ideas please hit "Like" and "Follow"!
Long
by Crypto4light
ALGOUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Everything on the chart. (update) Got complicated in wave of (ii), but in midterm nothing has changed from my last idea. Entry: (im in pos from 0.184) Targets: 0.34 - 0.46 - ~0.7 after first target reached move ur stop to breakeven Stop: (depending of ur risk). ALWAYS follow ur RM . risk is justified It's not financial advice. DYOR!
Long
by trytofeelpositive
🚀💰 ALGOUSDT: 1 to 10 Trade Opportunity!Traders, get ready for a potential game-changer with ALGOUSDT! 🚀💰 🔍 Strong Support Zone: We're eyeing a robust support zone where buyers are showing a strong reaction. It's highly probable that they'll step in again. Remember the last time? It sparked some impressive movement! 💡 Trade Strategy: With the potential for a 1 to 10 trade, this setup could be a golden opportunity for profit! Keep a close watch on this support zone and be ready to seize the moment when the buyers make their move. 💬 Share Your Thoughts: What's your take on this potential trade setup? Share your insights and let's discuss the possibilities together! Your input could be the key to unlocking this exciting opportunity! 💰 Unlock the Prize: Remember, the best comment could unlock a special prize! So don't hold back—share your thoughts and join the conversation! 🏆💬
Long
by RICHI_CRYPTO_SIGNAL
ALGOUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: Find your entry point yourself (im in pos from 0.184) Targets: 0.34 - 0.46 - ~0.7 after first target reached move ur stop to breakeven Stop: (depending of ur risk). ALWAYS follow ur RM . 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. DYOR!
Long
by trytofeelpositive
3
ALGO target 0.28 & 0.451D time frame - ALGO is retesting the structural support around 0.135~0.152, that is also the 0.618 Fibonacci Retracement, so here is a good timing to set up a perpetual trading plan with great RR. Also, we can easily see a strong support on higher time frame around 0.08~0.10, this zone is a sweet price to accumulate spot if ALGO come back again in future. Therefore, I provide two trading plans for perpetual and spot. - Perpetual: TP: 0.28 / 0.44 SL: 0.135 Spot: TP: 0.45 / 0.68 SL: 0.07
Long
by EthanTW
ALGO/USDT Fail to Break the supply, Potential continue downward!💎 ALGO's recent market trajectory has certainly caught the eye, particularly with its powerful bullish candle on the daily close, signaling a potential upward surge. 💎 To capitalize on this momentum, ALGO needs to decisively breach the supply zone. Probability Achieving this would not only confirm a bullish trend reversal but also open a path toward the next critical target - a strong resistance level. 💎 However, should ALGO stumble at the supply barrier and fail to secure a breakout, a reversal to bearish tendencies could be on the cards. In such a scenario, ALGO might retreat towards a key demand area around $0.1540, necessitating a close watch on its response in this zone. 💎 The demand area thus becomes a litmus test for ALGO's resilience. A robust bounce off this level could reinvigorate bullish sentiments, while a breakdown through this support might spell trouble. 💎 A failure to hold above this demand level could see ALGO spiraling down to lower support areas, or in a worst-case scenario, descending towards a much stronger support level. This phase is crucial for ALGO, as maintaining its position above the demand zone is imperative to stave off a deeper bearish downturn.
by MyCryptoParadise
2
ALGOUSDT at weekly support and likley to move up from hereThis one is approaching towards the its lows. There is a monthly and weekly level almost close to the current price. It may breach that for a while but I expect it to hold that level on weekly time frame and bounce from there. If it does bounce, I see it aiming towards daily and then probably weekly resistance. The price has finally hit the weekly support which is also monthly support level. I believe this is going up from here but as said before, it may dip briefly on intra week basis.
Long
by angela_altair
ALGO Idea for an upward rally...Hi traders... As you can see in the chart, over the past 2 weeks, price increases has happened in alternating time patterns that include Fibonacci time zones. The next iteration has the power to push the price towards the daily pivot and I expect to see the price rally in the next 48 hours. BINANCE:ALGOUSDT COINBASE:ALGOUSD ⚠️🚨 Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view, And only some of these analyzes are my actual real trades. I hope Traders consider I am Not responsible for your trades and investment decision. ✅ Please write any advice or suggestions. Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed.
Long
by Arash-RK
1