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Algorand $ALGO analysis - Lovely.Alogrand broke its downtrend and I averaged the move up and put that near the breakout which works for me plenty of times and it shows me here we can go towards 2.10-2.30 , Algorand is currently around 2.4 billion market cap which is a very low market cap. For a project like this. Fundamentals on $ALGO is A-1. I personally think this will be trading around 10-15 billion market cap this year alone. It won't surprise me if it explodes past that market cap. Algo also on the BTC chart shows even a more bullish chart. Check out our ATOM trade and CRV trade we kilt it! Links given to those. #KeepCalmAndAlgoOn
Long
by Clocktivker
1
ALGO, the silent mover, has a lot of room to go UPBeen following this for some time now, and, I think ALGO will surprise us really a lot, its been slowly and steadily building up its bases, this is to be a healthy indication, not some crazy pump and dumps with high volatility, but steady growth from the start indicates strong coin. Targets are in sight. I am a noob trader, so please, this is not financial advice, this is just my theory and practice. Invest at your own risk, and follow your gut feeling.
Long
by TitoKnowsBest
1
long awaited alt szn, close to being confirmedGood evening friends, happy new year! I see this as an opportunity to come back into publishing some ideas again after the holidays. But we both know I didnt do much anyway, so thats just an excuse! Well, yes and no, as much as I didnt do much for the holidays I am getting my bags ready to move back to Brazil after 15 years living in the USA. Anyway, what I wanted to point out here is a simple race that could show us if this is the start of a big and long awaited alt season. The race between the red rsi and white energy has started and what we need to happen is: we need the red rsi on the higher time frames to close below 50 before the white energy on the lower time frames close above 50. So now we need the white energy on the 3h to stay below 50 so the rsi on the 6h close below 50. On my last BTC.D publication I mentioned the 4D could be exhausting and maybe this right here holds the key to freedom for them alt coins! poor bastards, they suffered this time xD Trade thirsty my friends!
CRYPTOCAP:BTC.D
by mr_willmedina
6
12.2.2020 - Enigma (ENG / BTC)Hi Traders! In the last two analyzes, we have focused on bitcoin and so far have been wonderful! Today is the time for a smaller altcoin. As a potential profitable candidate, we choose Enigma today. On the chart, we can see 3 basic cycles on the market. The bull market, bear market and sideway movement. At the moment, ENG creates bigger highs and bigger lows and has 2 very strong resistances on its way: 1. Trendline 2. MA200 on the daily chart If we cannot break through these resistances, it will not look well at all and support may not help. We have been trading a lot in similar situations in the last few weeks and have mostly gone up. This should be a similar example. However, the market must be seen as a whole and bitcoin is slowly approaching our target. At the same time, its dominance is declining, which must also be taken into account. However, Enigma is a beautiful example of an altcoin that has a very nice chart and a breakout should come soon. It's one of the cryptocurrencies that is currently worth watching. May the crypto be with you!
ELong
by DolleroTechnology
Simple Bitcoin Ultimate Forecast into 2020Capitulation is basically when Miners stop mining and sell some of their bitcoins to keep operations going. However Capitulation is more likely to occur at the end of every annual year now due to regulation and taxes. It is easier to calculate loss/profit by shutting or slowing the network down and washing your hands so to speak. Power consumption costs are higher during the winter time as well. So with that said the ultimate guide and advice I am giving myself is to play it short, wait for capitulation cycle to open and and buy all in as the capitulation cycle is closing. This chart is an emulation scenario of the next "possible" 50% drop ***I am not a FINRA registered agent or broker (As of Yet) and this is not financial advice, Please always do your own research, As Bitcoin is a highly volatile asset.***
COINBASE:BTCUSDShort
by ILL_Midas
6