Algousdtlong
$ALGO Continues the Slow & Steady Path to $2*THIS IS NOT FINANCIAL ADVICE*
Besides the fact that ALGO has real uses, and is backed by a solid team, it's ALT season so most things don't matter.
As you can see from my chart (and previous chart) ALGO is on a steady climb to its resistance zone in the $1.60 to $1.80 range.
Afterward, I expect $2 to be the next resistance target but just like when it hit $1, it will surpass this and settle around the low $2 range.
($2 will only be a psychological resistance)
By this time next week, ALGO will reach the top of its accumulation zone and begin retesting its resistance zone.
As you can see in the first zone, ALGO hit resistance 3x before cross it on its 4th.
Overall, I expect ALGO to stick around for a long time and will someday be worth more than $5 💎
Please let me know your thoughts on this theory, or if you have another idea in mind!
Algorand ALGO-USD Ascending Triangle - Bullish ScenarioPossible scenarios I am looking at:
1. BO of Ascending Triangle
2. Consolidation before the next leg up to ATH
P.S: This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own risk
The 2nd Best Day to Buy Algorand, 2017 repeat, start of 2nd WaveIt's all been said and done, Algorand shot up from 23 cents to 1.88, printed a double top and finally met a bottom around 90 cents. It's been slower than initially expected I'll admit, but nothing has changed. Now we're going to flat line and shoot up the next leg up to 5 dollars, correct to 2.70 twice and continue to 17 dollars. Bitcoin on the other hand is printing a very similar pattern to the one it printed last September 2020 and September 2017 when it bottomed around 9800 and 2.8. This could suggest the next 2023 bitcoin bottom is around 52k as it heads towards a million dollars for the first time in human history. If the trend continues as it has so far, expect to see a 300k bitcoin around December of this year and an algo price of 113 Dollars early 2022. Great accumulation phase around 5 to 17 dollars range for months to come, very similar to the time XRP hit 45 cents and accumulated all 2017 after that between 15 to 30 cents. Follow On Course Until Successful. This is the year of the Bull. Massive life changing gains ahead.
Two opportunities to buy low. Double bottom on the 15 minute timeframe followed by a small M coming up next, least you know it, KABOOM!!!!! Buy at 9 pm eastern time today!!!
The most bullish news Algorand has had will be announced early next week. Stay tuned!
ALGOUSDT. Incredible Bullish UP-Trend. ALGORAND To The Skies!!Daily we publish new trading opportunities , Short-term. Mid-term and Long-term.
Friends, today we found something incredible on $ALGO .
ALGOrand is such a gem I have held since long ago. And still HODLing.
On the Daily's we found a nicely shaping Cup-and-Handle setup . Wow!
Initial Resistance for ALGO happened near $0.7xx . But on what looked like a third attempt, it punched through this resistance. It did a crazy Triple-Greens to touch $1.xx . Then it began a decline from this point, took nearly 2 weeks . From here it began recovery in a zig-zag stride within a strong Support level near $0.9xx .
Steadily moved up the trend to find another Bulls support near $1.2xx holding pretty tight. In the big picture we get like an epic Cup-and-Handle birthing.
Final resistance as seen in chart exists near $1.8xx . With great Bulls rally , ALGO will break and race towards $2.2xx , then later onto last ATH.
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ALGOUSDT Resistance zone BreakoutALGOUSDT (4H Chart) Technical Analysis Update
Resistance zone breakout
ALGO/USDT currently trading at $1.48
Buy-level: Above 1.49 (only buy if 4h candle closes above the resistance zone)
Stop loss: Below $1.352
Target 1: $1.60
Target 2: $1.70
Target 3: $1.80
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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ALGO/USDT : Moving into ascending channel BINANCE:ALGOUSDT
Hello everyone 😃
ALGO is moving into ascending channel.
There's a located resistance line at current level which chopped ALGO.
It had a rejection from bullish trendline and now there's a possible rejection to support zone again !
But overall is bullish...
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
+85% for Algo easily in the next daysNow currently trading at $1.29
✅ Buy: 1.3 - 1.2 ✅
🎯TARGETS:
1- 1.68 ( 40 .2%)
2- 2.20 (84.1%)
💵 Trade Size: 5-7% of Portfolio
🚫 Stoploss: daily candle close below 0.8385
Please click LIKE button and Appreciate my hard work.
Must follow me for latest crypto real time updates.
Thank you.
Amazing deal with high profit on ALGOUSDT for near termBINANCE:ALGOUSDT shows a clear breakout above resistance trendline of an ascending triangle and retests the last support at 1.29$, according to several analytical tools and indicators the road is open to these levels:
level 1: 1.84$
level 2: 2.37$
level 3: 3.24$
level 4: 4.09$
Stop-loss level is closing 1 daily candle below 1.18$
Good luck in your trade...!
ALGOUSDT ALGOUSDT (4H CHART) Technical Analysis Update
ALGO/USDT currently trading at $1.169
Long Entry-level: $1.10 - $1.17
Stop loss: Below $0.97
Target 1: $1.24
Target 2: $1.38
Target 3: $1.50
Target 4: $1.75
Max Leverage: 2x
ALWAYS KEEP STOP LOSS...
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ALGOUSDT (Waiting for the Resistance Breakout)ALGOUSDT (4H CHART) Technical Analysis Update
ALGO/USDT currently trading at $1.20
Buy-level: Above 1.21 (only if 4-hour candle closes above the resistance line at 1.21$)
Stop loss: below $0.89
Target 1: $1.50
Target 2: $1.77
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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Algorand (algo) Set for potential 70% growthAlgo has broken downtrend, if this springboards algo up we could see it retesting previous highs with potential for 70% gains. I have opened a trade at this point
If algo fails this move up we could be looking at a drop down to 70cents.
Algo is a fantastic project with a lot of potential and one of my favourite coins to trade.
This is not financial advice
Please like or follow if you enjoyed this analysis
ALGO BullishALGO seems to be rebounding strongly after the strong sell-off earlier this week. Since a lot of cryptos are seeing strong bullish moves at the moment, ALGO will follow them at some point. My take is that ALGO will see a bullish move towards the 1.185 level, after which there will be a small sell-off towards the 1.10 support level . This support will in turn lead to an even stronger push towards heights of before the mini crash earlier this week.
Before entering this trade wait for the price to touch the Entry line.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs. Do your own due diligence.
Happy trading!