ALGOUSD.P trade ideas
ALGOUSD Macro BreakoutMacro Breakout, with long time frames taking over. I'm pretty bullish, and Algrand's tech is some of the best out there! If we get a week closing .33, that's confirmation on the upside.
#ALGORAND Vs #ETH - When is Cheap actually a good entry buy.Losing Dollar Value is one thing.
But losing 94% in 2 years vs #Ethereum is a second type of pain
That highlights the risk that abounds in #Crypto and the #altcoins
Can #Algo start making positive progress now?
ALGORANDIf ALGO closes weekly above 0.30 and manages to hold this levels , we can see a huge rally towards the next resistance area which is 0.80. Make sure to have proper alerts as this can happen fast.
Buy $ALGOBuying EURONEXT:ALGO has peaked through Macro resistance for the first time in a long time, and it is an awesome blockchain!
Risk vs Rewardtaking into account it could be a broadening wedge. this position look like a very good Risk vs Reward kind of play.
Next immediate target could be around the 0.42 region
Super Bullish - This chart is just near breakout outAlgorand - I just bought this crypto ... buy and hold for 1 year enjoy the brekaout !!
ALGO - Shakeout / Accumulation / Bull MarketALGO looks like a tight accumulation here and it may have a big pop to join that party with other ISO20022 coins XLM XRP XDC.
Liquidity SRP Shakeout Reversal Pattern at ATL All Time Low complete and now it would appear it is ready to move on up.
ALGO is a big deal ISO20022 coin and this is probably the exact bottom of a major bull market.
I mostly give these calls to my clients first but this one I give to TradingView in prime position.
More calls like this in the pipeline.
This should be an ideal entry; right here 👍.
Not advice.
Watching $ALGO chart the next few weeksI'll be watching Algorand over the next few weeks on the weekly chart. A weekly close above .30 would signal a .65 target.
Go Algorand!
Inverse head and shoulders and golden cross on algorandMuch like litecoin’s current setup, algorand is also in the midst of completing the right shoulder of its inverse head and shoulders pattern as a golden cross is set to occur in the next 2 -4 daily candles. Hopefully the golden cross on both algorand and litecoin provide the same bullish momentum we’ve seen it already provide xlm, solana, and the total chart, if so we should see the price action break above the enckline of this inverse head ad shoulders pattern not long after. I’ll link the litecoin chart down below for easy access to compare the similarities between these two charts. *not financial advice*
Hey Trading Fam! ALGO at a Pivotal Moment – What’s Next?Hey trading family, let’s break this one down. Algorand (ALGO) looks ready for a potential move up to $0.26. From there, we could see a correction, but how deep could it go? Here’s what we’re watching:
Scenario 1: A correction could take us back down to levels like $0.21 or even as low as $0.15 – stay sharp!
Scenario 2: If $0.26 doesn’t hold as resistance, we could break higher and run all the way up to $0.42.
This setup is worth watching closely. What’s your move here? Let’s trade smart and adapt to what the market gives us.
Like, comment, and share your thoughts below to keep the conversation going! Got questions or your own analysis? Send me a DM – let’s connect.
Mindbloome Trading // Kris
Trade What You See.
ALGO Bullrun 2024-25 TP ZonesAlgorand could easily get back to ATH by summer 2025 with the right macro influences. I would like to see ALGO hit 3 TP targets this bullrun. We aren't far from the first TP target, and ALGO is coming off of a textbook W double bottom formation. Let's see what happens.
Algorand nearing 2 targetsThe triangle breakout target(dotted pink line) and the inverse head and shoulder target (dotted grey line). The speculation that Trump would do away with capital gains taxes on US cryptos may be fueling the current momentum. *not financial advice*
ALGOUSD LONGMonthly Bullish break and close and pullback completed
Weekly Bullish break and close and pullback completed
Daily Bullish break and close and pullback completed
I now forecast Bullish upwards momentum, If this does not take place, Expect complete failure and price to stab through the Lows.
I for one am Certainly Bullish ALGO
ALGORAND (ALGO) Looks like it could drop another 15% - 16% here.The crypto markets as a whole have taken quite a beating in the past week but appear to be getting close to forming a bottom. ALGO is showing signs that a rejection off the FVG (Fair Value Gap) currently presenting above the current price on the daily chart could signal a further 15% to 16% drop in the coming weeks.
Good luck, and always use a stop-loss!
ALGOUSD1 Year
Stoch RSI-is overbought and might sustain up here for a bit.
5 Year
Stoch RSI-is looking bullish.
ALL
Stoch RSI-is curling upwards.
Prediction: This will start moving upwards.
ALGO is breaking out of the current wedge pattern.ALGO has just broken out of the wedge pattern that it has been in for a minute now, and is looking like it could be getting ready to run. It's likely to go the .15 range, retrace back down to the upper wedge trendline, then continue the move from there.
Good luck, and always use a stop-loss!
ALGO weekly chart is looking really nice!The ALGO charts appear to be signaling a potential turnaround, or at least a nice move up from the current trading range.
Good luck, and always use a stop-loss!
ALGO is setting up nicely!ALGO is forming a nice descending wedge pattern on the weekly and daily charts. It could break out from these levels, but it could also easily drop to the lower trend line first.
Good luck, and always use a stop loss.
Where Algorand Needs To Close Before Its Next Bull RunAlgorand Daily Chart Price Action Analysis
▪ ALGO is very, very close to it's most bullish technical condition since late Feb 2024.
▪ If there's a daily close above $0.13,
▪ and if the Chikou Span remains above the bodies of the candlesticks,
▪ then boom to moon
ANOTHER PERSPECTIVE OF THE LONG-TERM POTENTIAL FOR ALGO.ALGO is one of the best cryptocurrencies you can buy, especially at today’s prices. Being one of only a handful of top-quality cryptos that are ISO 20022 compliant, like XRP, XLM, and Quant, I believe the future is bright for ALGO and its holders.
This chart isn’t set in stone and will change over time as more information comes to light.
Good luck, and enjoy becoming a millionaire!
Buying an Algorand to trade on the spot market.#ALGOUSDT
There are many factors that indicate the possibility of buying:
1. The strength index suggests that a rebound is possible in the short term.
2. We have already seen a complete bearish correction of A, B and C.
3. According to technical analysis, we have reached the bottom zone.
4. At the moment, the first and second waves have formed, and a long third wave is expected to follow. However, the target ($0.6495) can be reached by both the third and fifth waves.
Good luck to you!
Please note that these are just my expectations. There is no financial or investment advice here. All of the above information is provided for informational purposes only.
