#ALGO The price is moving in a descending channel on the 1-hour frame and is sticking to it to a large extent and is expected to break it upwards We have a bounce that was booked from the lower limit of the channel at a price of 0.1200 We have a downtrend on the RSI indicator which supports the rise We have a trend to stabilize above the moving average...
Hello, my friends. Nice to meet you all It's going from BEARISH EXTENDED WAVE to BULLISH EXTENDED WAVE. We expect to break out the upper line of BULLISH WXTENDED WAVE with strong support from ZONE.
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...
1D time frame - We are currently gaining almos 60% profit from ALGO since last entry on Jan 27, as below. - Furthermore, ALGO is breaking above the neckline of this potential head and shoulders structure, which means here is an opportunity to add positions or set up a new trading plan. - TP: 0.4 / 0.45 SL: 0.215
1D 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....
Hello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (ALGOUSDT chart) (1M charts) The key is whether the price can be maintained by rising above 0.1098. (1W chart) Since the volume profile section spans 0.1881-0.4253, the key is whether it...
algo potensial break down again after failed close above 0.1031$ i think move to 0.0638$ short posision OP 0.1005 TP 0.0638$
We are often asked to publish an idea for ALGOUSDT, you asked - we did. We look at the chart and see that the ALGO price is still in a downward trend. The only good news is that as of right now, ALGOUSD hasn't updated its lows in a month. Now the ALGOUSDT price has moved into consolidation, so we can hope that the stage of accumulating long positions has...
Hi, Friends hope you are well and welcome to the new update on ALGO. Big wedge and a long-term support: Algo has formed a big falling wedge on a weekly time frame, however, at the moment ALGO has dropped at a very long-term support of $0.16 and this level is working as a support since Sep 2019. Oversold on weekly time frame: Weekly Stochastic is also...
This one is also on daily support and likely to bounce from here. It may dip below the support for a while but anyways a long towards daily resistance looks favorable here. The daily resistance is sitting around 0.206-0.210 zone.
Supports do not seem to be holding the price resumption downward. I expect the next support to be at 4h timeframe entry price area. NFA
After a minor pullback to change of character area, I expect a liquidity grab from the prior high and go down from there. NFA
Algousdt Getting Attention of Buyers, Big traders are showing interest in Algo Hope to see a breakout very soon. Wait for Breakout Incase Of Breakout Expecting Massive Bullish Move. Remember: We only give ldea's from our experience and knowledge, it does not mean that it will be 100% correct, the market is always unpredictable, anything can happen anytime. Always...
Hi dear friends, hope you are well and welcome to the new trade setup of Algorand (ALGO) with BTC pair. Our last successful trade of ALGO was as below: Now on a daily time frame, ALGO has formed a bullish Butterfly move for another price reversal. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss,...
Hi dear friends, hope you are well and welcome to the new trade setup of Algorand (ALGO) with US Dollar pair. Previously we caught more than 25% pump of ALGO as below: Now on a daily time frame, ALGO has formed a bullish Shark move for another price reversal. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow...
Hello Birdies, This is a long term analysis, as we have marked the flip resistance in red ALGO should test it in order to have a pump. Algo Approaching it fast and after this it will be available in 96%-97% discount.