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Algorand / Tether

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ALGOUSDT trade ideas

ALGO buy setup (1D)Here, we have a high-potential zone for ALGO. The green zone represents strong support, and if the price reaches this area, we will look for buy/long positions. The red box is a fresh order block that hasn’t been tapped yet, containing the main sell orders. The target can be this red box. Closing a daily candle below the invalidation level will invalidate this analysis. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
$ALGOI consider two price ranges for the correction floor. The first range is around $0.1977, from which I suspect we might see a temporary bounce, but I believe this price range will not be the end of the price correction. The second range is around $0.1388, where I think we will see the end of the correction and a trend change. If the price reaches around the second range, the market will need a time correction. In the future, based on the events occurring in this dynamic market, a more comprehensive analysis will be provided. For now, my view on the EURONEXT:ALGO currency is as follows. I would be pleased to see your valuable and constructive comments below this analysis. Thank you for taking the time to read this analysis. I hope you have enjoyed it.
Short
by M2it2M
ALGOUSDT Facing a Major Reversal? Bears Ready to Take Over!Yello, Paradisers! Is ALGOUSDT about to take a sharp dive? The price is currently hovering around a key supply zone, struggling to push higher. With buyers failing to break through, the risk of a strong bearish rejection is increasing, signaling a potential short opportunity. 💎The market structure has shown a clear Change of Character (CHoCH), suggesting a shift from an uptrend to a potential downtrend. Price remains below the 50 EMA, reinforcing the bearish momentum. If sellers step in with force, the downside move could accelerate quickly. 💎Key downside targets are forming around 0.2188 and 0.1663, where the next major support zones lie. If the bearish scenario plays out, these levels could be reached sooner than expected. Any failure to reclaim higher levels will only strengthen the case for further declines. This is where patience and discipline pay off. Market traps are everywhere, and only those who stay focused and trade smart will come out on top. Be ready for the move, Paradisers! MyCryptoParadise iFeel the success🌴
Short
by MyCryptoParadise
2
ALGO/USDT 1W🩸 EURONEXT:ALGO ⁀➷ #Algorand. Macro chart Another 💯 Intermediate Target - $0.76 🚩 Macro Target 1 - $1.21 🚩 Macro Target 2 - $2.28 🚩 Macro Target 3 - $4.01 - Not financial advice, trade with caution. #Crypto #Algorand #ALGO #Investment ✅ Stay updated on market news and developments that may influence the price of Algorand. Positive or negative news can significantly impact the cryptocurrency's value. ✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility. ✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
by Nyskohuz
ALGO bullish ideaLooking at the ALGO chart we can see that price has retraced a significant amount of the last pump. Sitting just above a major fib level (786) both on high time frame and low timeframe. Showing possible long ideas if price continues to build bullish price action. Note, need to align with BTC starting a bullish uptrend before having any conviction in any Alts doing likewise. Target for these ideas will be the POC of the overall structure. Profits should be taken in layers (maybe 2-3 before the POC) to mitigate risk of BTC continuing downtrend. Note, manage your risk. Possible for price to drop down to the next support level.
Long
by jod45m
ALGO Completes Bullish Harmonic PatternALGO Completes Bullish Harmonic Pattern ALGO is currently testing a strong support zone that has held steady for about two weeks. From the chart, we can observe that ALGO has repeatedly tested the 0.2600 price zone and successfully bounced back each time. It appears that market participants are determined to prevent the price from falling further. Today, ALGO completed a bullish harmonic pattern, adding more strength to the expected bullish movement from this zone. Key resistance areas are identified near 0.2870, 0.2970, and 0.3060. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Long
by KlejdiCuni
2
Is ALGO Finally Bottoming Out? A Massive Move Could Be Coming!Yello, Paradisers! #ALGOUSDT is flashing major reversal signals, and if the pattern plays out, a big move could be on the horizon. Are the bulls finally ready to step in? Let’s break it down! 💎#ALGO has been stuck in an A-B-C correction pattern, with Wave A kicking off the downtrend, Wave B bringing a retracement, and Wave C completing the correction. But here’s where it gets interesting—ALGO is now showing signs of accumulation, hinting that bulls might be gearing up for the next impulsive wave. 💎To confirm the reversal, ALGO must break the $0.33 resistance. If bulls successfully push past this level, momentum could accelerate, sending price toward the descending resistance at $0.37. This is a pivotal breakout level, and clearing it would give bulls the strength to aim for the $0.46–$0.50 resistance zone—the 61.8% Fibonacci retracement, a historically strong level where major reactions tend to happen. 💎On the downside, ALGO has solid support at $0.265–$0.250, a key demand zone that bulls have defended since November 2024. As long as this support holds, the probability of a strong move higher remains intact. Paradisers, as always, patience and precision are key in this market. This isn’t a time for reckless trades—let the levels guide you, trade strategically, and stay disciplined. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
ALGOUSDT SLIGHT BULISHWe are currently in the correction phase of the market. I don’t see any sharp movements at the moment, but a slight bullish movement could occur, as shown on the chart. Targets are marked, but the danger zone and stop loss levels are more important than the targets. Please pay close attention to them. Note: My ideas are not intended for any type of scalping or scalpers! You can find the full list of my ideas here: www.tradingview.com Here are some of my ideas:
Long
by TheMandalor
1