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ALGO Perpetual Futures Contract

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ALGOUSD.P trade ideas

Buy opportunity ALGO/USDTHi there, I have my eye on this buy opportunity. I think the resistance has broken at 1.99. Also, I think the consolidation is no longer valid because the price has broken out. In these situations, I wait for the retest on the support/resistance area. The only thing I miss is the confirmation of the Fibonacci. This makes the trade riskier. In addition, a similar outbreak could also be a trap to screw people who go long. Therefore, always do your own research and use good risk management.
COINBASE:ALGOUSDLong
by Crim_Jamer
2
Crypto ALGOUSD (Bullish Breakout is in the making)View on Crypto ALGOUSDT (17 Oct 2021) There are buzz around network coins and ALGO shall be the one that follow Solana footstep. $1.5 region is a strong support session and $2 will be a strong resistant. Once $2 is broken up $2.4~$2.5 will be a strong resistant. Let's see. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
COINBASE:ALGOUSD
by SonicDeejay
2
MY NOT SO MINIMALIST ANALYSIS OF ALGORAND$ALGO 10.25.21 1931H +8 SINGAPORE ALERT: About time for $ALGO to PUSH UPWARDS. Disclaimer: The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice. "FOLLOW THE WHITE RABBIT!" HOW TO USE THIS MINIMALIST CHART Created on a MONTHLY, WEEKLY & DAILY Analysis (The Dynamics of the Market.) It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it. The LARGE BOXES (Tops and Bottoms) are MAJOR pivot points that will occur, while the SMALL BOXES (Tops and Bottoms) are MINOR pivot points. These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS and even if you wish to hold longer for a CONSERVATIVE MAXIMUM TARGET AREA OF VALUE (Depending on, if the conditions are right.) At times I include WAY BEYOND PARABOLIC Price TARGETS. Watch out for your Volume, Chart Patterns, Candlestick Math, Price Action, and especially your Fibs, Market Dynamics, and trading psychology. The above-mentioned is sufficient enough as a major deciding factor for this MINIMALIST CHART. Note: That This CHART is best used without indicators. (As we all know, they lag.)
COINBASE:ALGOUSDLong
by The_Crypto_Samurai
Confirmed #Algorand goes longAfter weeks of consolidation and a confirmation of a breakout on the top trend line in a symmetrical triangle... Along with upwards momentum shown below on the MACD I believe the next week will be very bullish for $ALGO. Even a retest of 2.50$ ATH price level is within reason. Additionally "Governance" on Algorand's blockchain currently has 1.88 billion $ALGO essentially being locked away from the circulating supply for high rewards until the New Year. If $BTC stays the course or even falls a bit in price $AGLO will be making some drastic moves. First profit level I anticipate is 2.10 then a sharp move upwards to 2.40 followed by a retest of the 2.5ATH Getting in under 2$ mark will make for some nice profits in the short term and in the long term the staking and governance rewards will have many traders coming back as return customers on this blue chip alt. -Cheers!
COINBASE:ALGOUSDLong
by goodluckbruce
ALGO - Potential Bullish Continuation!Hello everyone, if you like the idea, do not forget to support with a like and follow. ALGO is trying to break the orange support/resistance again. on H4: ALGO is forming a symmetrical triangle in blue but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple) Trigger => Waiting for that swing to form and then buy after a momentum candle close above the gray zone. Meanwhile, until the buy is activated, ALGO would be overall bearish can still trade lower. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
BINANCE:ALGOUSDLong
by TheSignalyst
27
ALGO TradeALGO Trade had a hammer bouncing at a strong support forming a morning star reversal, bouncing off the 50 ema, with momo triggered at the begging of a new moon, Bitcoin seemed to had sold off into Etherium which was selling off into the alt coins. The hammer had already closed so I did a market buy because all ready 100% knew I wanted to be in the trade. Didnt hit the target but almost! Was interesting to see the flow of the Bitty into Etherium, into the alt coins happen within a span of 6 or so hours.
COINBASE:ALGOUSD
by DNA5Prime
Algorand DCA AdvancementsAlgorand is poised for gains. The yellow rays are my DCA points thus far. I am using this simple chart to track its trajectory. *Professional Wyckoffian VSA crypto swing trader. I regularly seek out the most lucrative swings on all major crypto exchanges. All my charts are clean, straightforward, and easy to follow. No junk, no needless indicators, just solid volume spread analysis ( VSA ) and 'take-the-money-and-run' Fibonacci target zones. I go after the runners and big money. My win rates are between 80-85%. Follow me on TradingView and see for yourself. I review over 300 coins & tokens daily and handpick all the runners myself (no bot signals).
COINBASE:ALGOUSDLong
by jalapablo
It's almost $ALGO time$ALGO has been consolidating for weeks now, since the mid-september move after hitting 2.50. The 1.55 area has shown strong support after being tested multiple times in late September. Each time on less and less volume, indicating that selling pressure is waning. Price is currently bouncing off its 50EMA and the bollinger bands are tightening. I still think we could see one more retest of that 1.55 area but if price breaks its downtrend line then my gut might be wrong. RSI is peaking above its short term downtrend line and the MACD is a few days away from a crossover. Keep your eye on this one.
COINBASE:ALGOUSDLong
by Drewsified
2