Algousdtlong
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!
ALGOUSDT Zoom UP 🔜ALGO is been low key trying to recove r, done pretty well in this regard.
Inverse H&S formed nicely is the journey so far
ALGO is yet to fully realize its potential. Promising future for real use-case.
A few resistance on the way up .
So expect zig-zag dances as we move along
I picked an entry at $1.31
I am bullish on ALGO/USDT
Final target seen in chart. Might be hours or days. This coin moves steady, no hype!
Symmetrical triangle already gave way
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ALGOUSDT 1H long; Completing W-formation with bullish patternTA Explained
ALGO Completing the W-formation on bigger timeframe with a bullish continuation pattern at lower timeframe. trying to get in on the final dip within the falling wedge
Trade setup
Best entries: 0.4149 - 0.4303
TP1: 0.4548
TP2: 0.4806
TP3: 0.5107
SL: 0.3945
RR: 3.16
Max leverage: 3
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Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)
ALGOUSDT(Waiting for the Resistance zone Breakout)#ALGOUSDT Technical Analysis Update
Waiting for the Resistance zone Breakout
ALGO/USDT currently trading at $0.438
LONG ENTRY level: Above 0.4700 (only enter long after 1 H candle closes above the resistance zone)
STOP LOSS: I will update once I see the breakout
Resistance level 1 (Target 1): $0.520
Resistance level 2(Target 2): $0.560
Max leverage: 3X
ALWAYS KEEP STOP LOSS...
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ALGOUSDT(Waiting for the Flag pattern Breakout)#ALGOUSDT Technical Analysis Update
Wait for the flag pattern breakout
ALGO/USDT currently trading at $0.3150
LONG ENTRY : long enter after the flag pattern breakout in 1 hour chart
STOP LOSS: below $ 0.3035
Target :0.3445
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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+170% potential for algo/usdtas provided in the chart as most of crypto are forming the same descending triangle.
but for algo it is different some how as it has a massive potential when break out come
predicted to touch the support 28.0 cent at the mid of dec.
break out of triangle in the last 10 days of dec.
january will be a fire month for algo and the whole market
enjoy trading it ....good luck
ALGOUSDT (Resistance Breakout)ALGOUSDT (4H CHART) Technical Analysis Update
Resistance Breakout
ALG0/USDT currently trading at $0.320
LONG ENTRY LEVEL: After resistance Breakout in 4-hour chart (only enter long after 4-hour candle close above the resistance level at 0.320$
STOP LOSS ( support): Below 0.2940$
Target: $0.400
Max Leverage: 4X
ALWAYS KEEP STOP LOSS...
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ALGOUSDT (Descending Channel Breakout)
ALGO/USDT currently trading at $0.29
LONG ENTRY LEVEL :$ 0.27 to 3.0
STOP LOSS ( support): Below $0.245
Resistance level 1(Target) : $0.35
Resistance Level 2(Target): $0.44
Resistance Level 3(Target): $0.66
Risk Reward Ratio : 1:9
Max Leverage: 10X
ALWAYS KEEP STOP LOSS...
ALGOUSDT: Possible Long (11.11.2020)At D1, the price has broken the downtrend line. An initial growth impulse was formed.
On H4, the price is forming a local correction, which can take the form of a Zagzag. It is highly likely that the price will test the 76.4% Fibonacci correction level, where the RSI reaches the oversold level.
We recommend taking a long when the price reaches the $ 0.24 level in order to keep the position above $ 0.35.
Look out for these support levels if price continues dropping*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
*Follow me for the latest cryptocurrency analyses on my watchlist
*Thank you to those who donated, I very much appreciate it.
*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
ALGOUSDT (D1: Long)Just having a little bit of fun looking at 100+ diff crypto charts and figuring out the mainstream direction in the near future (a couple of months).
The real altseason and, in consequence, a real fun will start when some of good old high- and midcaps from 2016-2017 will near itws ATH. Will see.