Get started

ALG / Bitcoin

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

ALGBTC trade ideas

ALGORAND WHAT IS? BUY ZONE ALREADY NEXT STOP 2X869,417,755 Millons usd 24 hrs increase on Algorand Protocol I will create this analysis using The KISS method (Keep It Simple Stupid) uses a maximum of 3 tools but I try to keep it limited to 1-2. Algo recently broke out and has completed retracement, RSI pointing to more upside now. MACD: Has crossed above the signal line, indicating a positive change the rsi level: the overbought zone is changing Breakout Triangule Formed Tp 1 is based on fibonnaci The tp1 is based on the fibonacci retracement above the level 0 which would be 2400 Tp2: 3700 Tp3: 4800 Algorand what is? Algorand 2021 perfomance 2021 PERFORMANCE Block proposal time will remain 0.5 seconds. (Even though our block size will grow from 5,000 to 25,000 transactions.) Block finalization time will shrink from 4.5 to 2.5 seconds. Our finalized TPS will grow from 1,000 to 46,000. (Thanks to a truthful approach to block pipelining.) Led by Turing award-winner Silvio Micali and a renowned team of cryptographers, engineers, and mathematicians that solved the blockchain trilemma, Algorand is committed to the ongoing development of best-in-class solutions for the future of economic exchange. Feautres Smart Contract using algorand protocol Escrow account creation Loan payments & Fee Executions Limit orders Subscriptions Collateralized obligations Regulated & automated disbursements Programmatic recurring fees / recurring debt Delegated high-security account management Interface with off-chain data providers Cross chain Atomic Transfers HELOC (Home Equity Line of Credit) Decentralized exchanges Reimbursement validation Cross chain Atomic Transfers
Long
by fidubit
1
ALGO - Bouncing off SupportWe are creeping towards medium term support on ALGO's ascending channel, as well as a significant fib level acting as support right where we expect a bounce around 2,130 sats. I'm setting a stop loss below the local dips the past few days, incase there is a flash crash. Looks good on the 4H, I can see a bullish crossover forming and flipping from bearish to bullish movement. Entry: 2,100 - 2,200 sats Stop Loss: 2,030 sats Targets: 2,400 - 2,600 - 3,000 sats
Long
by mablack15
3
ALGO superbullishYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY! If u like the analysis, please feel free to ask any question about this TA or crypto or any coin - leave a comment or like or share the idea, i really appreciate it because then my work makes sense :) thanks!
Long
by SvarogPerun
7
Blue Skies For Algo This Year ? ALGO/BTC #algo $ALGO #Bitcoin Here we see our weekly ALGO Bitcoin chart . It's looking extremely nice for upside as it already hit a TD Sequential 9 in red and has gone up . You will notice the last resistance here above us seems to be near 6500 sats on the weekly chart and the last resistance on the daily chart is near 9153 sats which is also near the .236 fib . When we get above these levels we will be in price discovery mode - which is also known as " Blue Skies " . or a Blue Sky Breakout . Because there would be no more resistance above us to stop us ! This would probably bring us at least up to the .50 fib near 17600 and above that the .618 fib near 21600 . That would be at least 10x up from where we are right now - and possibly much more. Could be a Blue Sky year for ALGO !
by shimmeringpath
2