ALgorand daily chart analysisbreaking out the rectangle pattern and now it is in a correction.good time for investing some money .may reach 3.5,4$ till end of 2021 if nothing terrible happens for btc.good luck
Algousdtlong
Has Algorand got your attention yet? It certainly has mine!Greetings traders! Well, what a special move by Algorand! It has shaken off the dump and exploded higher on huge volume! That can't be ignored! Taking a look a possible counts, and rather than see a 1/2/3/4, I can make the case for a 1/2 followed by another 1/2 which has us primed to move much much higher! My advice would be to look for an entry, don't use leverage and only spend an amount of money you are happy to live without. Then put it in your bottom draw because this could be the next moon shot! Good luck!
ALGOUSD is it right time to exit ?Hi, if you are following me you must have seen yesterday i shared algousd analysis in which i market the area where you can take entry
you can see after restest we took entries in algo and now we closed all our positions now we will wait for best point to enter again
Don't force trades just wait
33%+ Profits is better than nothing you can see only algo recovered that well because second leg was on the cards as e predicted
Enjoy profits and give yourself a treat and remember me as well hahhaah just kidding
Like and comment below if you took a trade and share you experiences with me because when someone earn from my analysis it makes me happy
ALGOUSD second leg up I am looking at the marked area to get into the trade and achieve the marked targets
Symmetrical triangle in Algorand* Algorand in 3H time frame forms Symmetrical triangle.
* Symmetrical triangle occurs when the price consolidates between two trend-lines slightly sloping towards each other, the price is squeezed till it breaks the either side of the pattern.
* Here the Descending trend-line works as resistance and the ascending trend-line works as support.
* Breakout on the either side of the pattern will give a healthy move.
ALGOBTC Upward Breakout - UpdateThe breakout is done on ALGOBTC and we expect higher levels in the next weeks.
See also:
ALGOUSDT Is Ready to PumpAfter breakout event in ALGOBTC chart (please see the following link), it seems that ALGOUSDT is preparing to reach targets higher than $4 by the end of the year.
ALGOBTC Upward Breakout (Buy Signal)It seems that ALGOBTC chart is breaking out the triangle pattern from its top edge. If such a breakout gets fixed, it may be considered as BUY or LONG SIGNAL on ALGOBTC chart by the end of the year (please see my ALGOUSDT analysis too)
ALGO LongALGO looks bullish considering dominanance looks bearish as well as most of the altcoins below SMA200 hitted SMA200 or even higher, so we expect ALGO to follow ETH as well and hit at least its SMA200 which is around 1.07.
NFA
ALGO about to go LONG!Algo just broke out of downtrend cycle, and closed a daily candle above last supply zone. On 4H, successfully done a retest.
Entry : 0.9 - 0.97
Targets : 1.0600 and 1.3600
Stop Loss : Daily Close below 0.85. Which will invalidate this setup.
Keep and Eye on BTC as well too.
ALGOUSDT : go for long ?? As we can see, after breaking its downward trend, the price is gathering strength to start a strong climb.
In order to buy, the SL (stop loss) and capital management must be observed.
All resistances and TPs (take profits) are marked on the chart.
(DYOR)
ALGOUSDT Flag Pattern!ALGOUSDT Technical analysis Update
ALGO/USDT currently trading at $0.8438
Flag Pattern
Buy level: Above $0.840
Stop loss: $0.800
TP1: $0.865
TP2: $0.910
TP3: $0.99
Max Leverage 3x
Always keep Stop loss
Note: please do your own research before investing. Never invest money that you can't afford to lose.
ALGO > Trendline Breakout and Retest > Upmove from Support Zone?Hello Friends,
Hope you all are having a thrill in your trading journey.
I am presenting you my analysis of ALGO.
According to my technical analysis, ALGO will now go till next resistance zone as it just broke out from trendline.
I hope my analysis is pretty clear to you guys.
Kindly do your own research and follow proper risk management.
Best Regards,
Shaswat Naman
TradeThrill, India🇮🇳
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.
Take Long on Algo #Algo $AlgoGood Time to take a long position on Algo!
Currently, due to the increase in the bitcoin range and its movements, all altcoins will be affected by it. The analysis is just a series of probabilities.
I hope you find this analysis useful🌹
Follow for more...
Algo going to correct ... time to short✅ short: 1.10 - 1.25 ✅
🎯TARGETS:
1- 80 cent
2- 73 cent
3- 65 cent
💵 Trade Size: 3-5% of Portfolio - leverage: X3
🚫Invalidation(SL): 1.39
please click LIKE button and Appreciate my hard work.
Must follow me for latest crypto real time updates.
Thank you.
ALGOUSDT Technical AnalysisALGOUSDT has broken a major Resistance. There might be a pullback at the resistance to retest and then it's expected to go higher to 1.19
SL @ @ 0.75 (27% Loss)
TP1 @ 1.19 (15% Profit)
TP2 @ 1.62 (57% Profit)
Have a look ... +150% potential for Algo 👌technically, we wont see Algo under 50 cents again unless bull run is over n actually it is not yet.
Algorand fundamentally from strong projects that have a great technology that's why it jumped from 8 cent to $1.80 !
82 cents is strong support n will hold in the worst correction scenario.
Algorand is a prefect choice for long term investment, it may rich 6$ n $9 maximum in the near longterm.
but we still have a great potential to go up.
Try to have some in ur portfolio.
✅ Buy: 1.25 - 1.00 ✅
🎯TARGETS:
1- $1.58
2- $1.80
3- $2.40
4- $3.30
💵 Trade Size: 5-7% of Portfolio
🚫 Stop loss: daily candle close below 0.825
Please click LIKE button and Appreciate my hard work.
Must follow me for latest crypto real time updates.
Thank you.
