ALGOBTCWe can observe a successful world cup campaign for algorand in a bearish market causing furthur downtrend in the price. currently boucing around 11cents. Algorand has the potential to pull a 100x from its bottom over a long enough period of time.
current situation is bullish for Algorand for a 7 to
Algorand 65000%Algorand is in a brutal Broadening Wedge Pattern, according to the textbooks it should do what is shown. Many alts, either OGs or legit layer-1 chains got absolutely rekt versus BTC caused by uncertainty of many things, Macro, SEC, bankrupt crypto lending companies, QT, scams like FTX and so on. Too
ALGOBTC 450 % profithi traders,
Alt season will come sooner or later, and many coins look interesting now. Algorand is one of them.
Let's have a look at the ALGOBTC pair on the weekly time frame.
We can observe a regular bullish divergence that hasn't been seen for a long time.
Algorand is a solid project and many inv
Algorand - IN MY HUMBLE OPINIONFundamentals : Last couple of months, there have been very good development with Algorand, though its in the shadows, its been ringing a lot of bells. Month June was the highest ever number of transaction Algorand processed.
Algorand is constantly in touch with the banking system and it does look li
ALGOBTC Bullish IdeaHello everyone,
Given the recent signs of weakness in BTC.D, I've been exploring several #Altcoin BTC pairs. I'll be sharing some #bullish charts in my upcoming posts.
My first highlight is #Algorand. It appears to have established local support, presenting a promising R:R trade opportunity. I'm
Algo 🚀Hello, friends! 🫶Today I'm here with an interesting coin!😉
Algorand (ALGO) is a blockchain platform and cryptocurrency created to improve scalability, security, and decentralization in blockchain networks. Founded by Silvio Micali, a professor at the Massachusetts Institute of Technology (MIT),
ALGOBTC spot investment A confirmation of a VERY VERY huge accumulation occurring on ALGOBTC as THE BIGGEST VOLUME OCCURING ON THE LIFETIME OF THE CHART RANGE IS OCCURING ON THE CURRENT LEVEL (which is in fact the lowest of the range!).
This may be the spring to the huge cycle.
This is the monthly chart. The move I'm ex
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Summarizing what the indicators are suggesting.
Oscillators
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Oscillators
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Neutral
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Neutral
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Neutral
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Moving Averages
Neutral
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Moving Averages
Neutral
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Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.