ALGOIdea: the price forms a cup and handle pattern - the price can rise to a strong resistance of the weekly 100 MA and EMA
ALGOUSDT.P trade ideas
🚀ALGO : THE START TO NEW HIGH :THE FOOTBALL TIMES COMING!It's a very interesting time for ALGO As the world football cup will start soon about 15 Days from now.
I did study time ago this coin, not only the partnership with FIFA did make me interested in this coin, but also the technical side of price action.
When it's the world cup the Feeling comes back, and people will check more FIFA and trends.
As there are high sponsor and ads trends that are going to happen on ALGO and FIFA will support this and all details are added on the original FIFA website, expecting that ALGO will have a high background on this trend, which can add ALGO INTO NEW HYPE.
The most important first target is $0,76 followed by a trend that can increase above $1.20 USD , and the most important target that this coin can become is 2$
At the time of a football match, the goal is that ALGO will get promotions.
And worldwide it will become more known as the Blockchain FIFA use.
Expecting with the coming days as we are going to FIFA times, this coin will become more interesting, and more known. ( as most even don't know)
Know that this is not a guarantee, but it looks possible.
Will follow ALGO coming time to see the trends.
Target 1
Have nice FOOTBALL days coming time, and if your country plays, good luck!
This is our view, do always your own study.
✅ALGORAND : THE HIGH EXPECTING BEFORE STARTING THE WORLD CUP! $2ALGO seems at this time and coming time even the best coin to have before the match of FIFA 2022
There is a big deal with FIFA and sponsorship, read more about it on google
This coin can even go with the marketing of 2022 with WORLD CUP even above 2 USD.
The 2022 World Cup will begin on
Sunday, 20 November
and ends on
Sunday, 18 December
In short term, there is a high chance for a breakout.
They have promotion plans. see google for more info, in the time of the start of World CUP this coin can become very bullish, even if the BTC breakdown, is the same as before.
ALGOUSD Strength? Strength or fattening before another slaughter?
Global macroeconomics don't seem optimum for the assets market at the moment, but crypto will be crypto. Do you have microeconomic data on why $ALGO is strengthening against the dollar, do share.
have fun tradersthe market give us a good position and chance in this coin
two targets
Don’t forget SL
Algo USDT Long 💥👑Hello Success, today I want to talk to you about ALGO /USDT.
The price has formed a walling wedge and is moving towards target
The price can try to break the resistance line.
I expect that the price will continue to rise and break through the resistance line, after which it can reach the level of 0.4740, where I see our target.
I expect such a scenario.
This is an article, not financial advice, always do your own research.
If you still have questions, you can write it in the comments below, and I will answer them.
And please don't forget to support this idea with your like and comment, thanks.
Algorand (ALGO) - November 5Hello?
Welcome, traders.
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Have a good day.
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(ALGOUSDT 1W Chart)
The key is whether it can be supported by rising to the 0.4253-0.6132 section.
(1D chart)
The key is whether it can find support near 0.3853 and move above 0.4253.
If it doesn't, it is likely to drop to around 0.3421.
A volume profile section is formed over the section 0.4253-0.6132.
Therefore, if it rises above this section, it is expected to show a full-fledged upward trend.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** HA SRRC indicators are expressed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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Algo Looking BullishLooks like the next step is wave 5. Hopefully the market holds and BTC stays above 20k.
ALGOIdea: the price is again trying to break through the $0.4 resistance level. The price is in an overbought state, a lot of bearish signals have been formed, therefore, a price correction to a strong clothing level is inevitable.
I spy with my little eye, something beginning with the letter AThis is a very contrarian take because on one hand we have 14 root causes for inflation:
1. Unlimited economic growth triggers Natural resource depletion since 2014
2. Expanding middle class in emerging economies since Brexit and Trump
3. Populism, polarization and uncertainty
4. The Great Reset (COV-ID-19)
5. The Federal Reserve printing
6. Insider Trading
7. Systemic devaluation of local currencies in emerging economies
8. China's zero covid triggers Inflationary Supply Chain Shocks
9. Russia and Ukraine war
10. Gas crisis in Europe
11. Evergrande's Real state collapse
12. Volatility & Bankruptcy: Credit Suisse & Deutsche Bank
13. Economic Trade Wars and World War 3 forsee a total collapse
14. Extreme weather triggers Water Scarcity
And on the other hand we have:
1. High Employment rate and Job offers booming
2. Putin losing the war and could suddenly withdraw
3. Japan Intervention
4. UK's prime minister Liz Truss quit
5. Saudi Arabia is Interested in Joining the BRICS
6. Mainstream Propaganda is being excessively negative lately
7. We're probably not at the end of a big 100 year cycle but probably back to the 80s
8. Latinamerica flipping left wing except Uruguay
9. Big demographic change means big wealth transfer from baby boomers retiring to millenials
10. Crypto market maturing still pending Ripple's lawsuit resolution
11. Japanese intervention
12. Countries deglobalizing
There are many paralels that pinpoint to 3 historic macroeconomic moments in history
1. The Great Inflation between 1962 (Cuban Missile Crisis, gold run of the 70s, end of gold standard) and 1980s (end of cold war) + (highest point of dxy in history) + (recession)
2. Another dotcom bubble brewing trigering a burst by a false flag attack like 911, (think 1997, think a president dies, think a small nuclear blast is detonated)
3. The roaring 20s after a war in the middle east (similar to WW1), followed by a pandemic (think 2020), followed by a recession (probably already priced in), followed by a period of hyperinflation in 23, followed by an explosive roaring 20s preceding a great depression anywhere between 2026 and 2029 before a welcome to 2030 wef scenario.
All three scenarios have one goal in common, to introduce digital currencies this decade while gradually outlawing cash by 2030.
We see countries already introducing x-road models, legal frameworks, aligning transportation and many other sectors to a digital biometric ID, while testing covid blockchain passports, and at the same time we've witnessed under the radar blockchain companies slowly building up partnerships and laying low for now. OMFIF was very revealing, so were a few banks that decided to partner with Ripple, now it's a waiting game.
What will the future hold, will Saudi Arabia trigger a dollar collapse? Will Crypto get regulated? Will promising projects survive? Will Algorand become the Naga 2.0, or will it finally catch up to other alts that had a run in the last 2 years?
A lot of uncertainty and fear still remains, but a contrarian suprise move could leave 2018 enthusiasts and doomsayers behind.
Too soon to tell, but be on the lookout, this could be a 1997 scenario.
ALGO READY FOR EXPANSION?PAY ATTENTION....
If we can break and hold above 0.3830 then we target 0.54
ALGO | Falling Wedge Breakout..!!
#ALGO Falling Wedge Breakout Confirmed in Weekly Chart.
Looks Solid for Midterm, 3-4x Profit Potential.
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love & Support..!!
ALGO 4HJust tryin my long from 0.31 support lvl and lookin if this will reach any targets above. Would be nice to reach at least 0.36
ALGOUSDT | CRITICAL ZONEALGOUSDT has been trading in bullish channel . The price is trading at an important level where a breakout or break below can happen.
If the price is successfully managed to break above the level we have an excellent upside target with minimized risk. However, the break below will carry the bearish parallel channel .
ALGOUSD ❕ correctionALGO and RSI formed a bearish divergence confirmed by trading volumes (4H and 30m TFs)
BB indicator indicates overbought (4H and 30m TFs)
I expect decrease after of the price fixing under the support level.
ALGOUSDT, YOU DECIDE WE REACT Hello Traders and everyone, HADI IS HERE
If you like the idea, do not forget to support with a like and follow.
ALGOUSDT, as we can see from daily time frame price is clearly overall bearish making clean lower lows and lower highs
however, On H4 time frame we are now trading inside this range and around a massive support zone where we will be searching for buy setups
On another hand price broke above this major swing high and traded higher from a short term perspective
For a medium term perspective and for the bulls to kick in we need a break above this major swing high and the range to say "yes" now bulls are in full control
until that price can still dive inside the support zone around the lower bound of the range before a full reversal
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
SHORT ALGO / QUICK SCALPALGO seems to be running out of steam and there is a good chance it will go down 1-2% . Don't follow me , I'm stupid !
ALGOUSDT wants to retest the dynamic supportThe price had a nice bullish impulse form the 0.29$ demand zone.
Now the price is testing the 0.382 Fibonacci resistance level on the daily structure.
How to approach it?
The price could retest the dynamic support before new bullish impulse
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
