$ALGO Breakout Loading After Months of PainEURONEXT:ALGO is setting up for a potential breakout after months of bleed.
The downtrend has held since early May, but now signs of compression, accumulation, and structural shift are emerging.
After bottoming near $0.153, ALGO formed a bullish structure just below the major trendline resistance
ALGOUSDT Approaching Breakout!BINANCE:ALGOUSDT is showing a potential trend reversal after bouncing from a strong historical demand zone around $0.15. Price action is testing the descending trendline for a breakout, which could trigger a bullish continuation move. Similar to the previous breakout in late 2024, this setup hints
$algo- we ride againanother 48hrs we should get the party started dominance is on the verge of nuking as are most alts on their atl in terms of btc pairs ...
imo we have about half a trilly coming into alts over the next 2 quarters
so time to step on the gas
buy red not the green shit happened before forget it an
$ALGO tick tockGod candle incoming years of pain on the btc pair to be wiped out imo
locked and loaded but still feeling the fomo
for leveraged swing will keep compounding and playing it level by level along with a long term swing till 72c zone then shall see what to do
either way just an update on my earli
ALGOUSDT - One of the Best Altcoin Setups Right This chart of ALGO/USDT presents one of the cleanest and most promising bottom formations in the entire altcoin market.
🔍 Technical Highlights
Clear Rounded Bottoms: ALGO has formed multiple rounded bottoms over a long accumulation period, signaling strong base building and exhaustion of sellers.
Algorand (ALGO): Looking For Break of Structure | Long PositionLooking for long positions that we can take, where we have pointed out 2 areas (one above the current 200EMA zone and another near the local bottom).
It is still a little early to talk about it but we are putting out a few zones to keep your attention at. Once we see proper BOS there, we will be lo
Algorand ALGO price analysis#Algo price is being held back from a deep dive, as far as it is appropriate to say that about altcoins right now.
The price decline on reduced volumes is similar to the previous two times on the OKX:ALGOUSDT chart.
🙂 A risky purchase from $0.15, if they hold the price there, it will be very cool.
ALGO: Surprise Rally Ahead?Yello Paradisers, did you spot that breakout from the descending channel in time or are you still waiting for confirmation that already happened?
💎#ALGO/USDT has officially broken out of its multi-week descending channel after a textbook Break of Structure (BoS). Price action gave us a beautiful re
Algorand (ALGO): Seems More of a Liquidity Grab | We WaitCurrent movement on markets seems a little suspicious, where markets are dipping hard, yet for example, on ALGO, we do not see any proper signs.
We are expecting to see soon a bounce to upper zones to form another local hight from where we will be looking for a correctional movement, but for now w
Algorand (ALGO): Targeting $0.32 Once We See Breakout Algorand has had a decent upward movement where now we are retesting the resistance zone on smaller timeframes.
Now what we are looking for is the proper break of that zone, which then would result in a good upward movement. So for now we wait for the 200EMA to be secured by buyers.
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Summarizing what the indicators are suggesting.
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Moving Averages
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Moving Averages
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Displays a symbol's price movements over previous years to identify recurring trends.