The key is whether it can rise above 0.1098Hello?
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(ALGOUSDT chart)
(1M charts)
The key is whether the price can be maintained by rising above 0.1098.
(1W chart)
Since the volume profile section spans 0.1881-0.4253, the key is whether it can rise beyond this section.
(1D chart)
A volume profile section is formed at 0.3091.
As it falls below the 0.0924-0.1039 range, the possibility of further decline is increasing.
Accordingly, the key is whether it can rise to the 0.0924-0.1039 range.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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ALGOUSDT trade ideas
ALGO .14c must hold. Trend break@.63c lose .14c .06c incomingNot financial advice
Trade idea going forward
Entries @.14c to see if it holds. Could get a run up to around the .25-.27c before final drawdown
ALGO not looking good right now.
From the low to the high and back down from the triangle drawn it is a 91% loss.
We had a trend break highlighted at .63c
Apply that 91% loss from trend break at .63c gives us a target of mid .05c range
We are starting to bottom on the RSI on the weekly but has more room to go.
I'd look around the 24 mark on RSI for entry.
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#PIK
Patience is Key
#TLAW
Think Like A Whale
ALGO: Another bullish wave is possibleALGO: Another bullish wave is possible
The price broke out of a big daily "Wedge Pattern" .
However we can see that also on the 4 hour chart the price is holding very strong the bullish volume and it is showing that it may grow further
As a begining I am looking at for a smaller target but it may grow further.
You may find more details on the chart!
Thank you and Good Luck!
ALGO/USDT Break Alert! Bullish Sign in the short-term Movement 💎ALGO has experienced a bounce within the demand area and has broken through the descending channel of the pattern. This breakout is validated on an hourly timeframe. However, for a more precise breakout confirmation, it is prudent to await the closure of the daily candle. A closure above the pattern signifies a valid breakout, potentially leading to significant movements for ALGO.
💎 In the broader perspective of weekly or monthly timeframes, ALGO is already in an oversold condition. This strongly suggests the commencement of accumulation and the likelihood of an upward movement to test the bearish OB area.
💎 Before any significant upward movement, ALGO needs to breach the resistance area. Once this area is successfully broken through, ALGO can effortlessly reach target profits 1 and 2.
💎 However, this analysis would be invalidated if ALGO breaks the key support area and the daily candle closes below it.
ALGOUSDT REVERSAL ABOUT TO PLAY OUTBased on a current 3m chart analysis and comparing it to the daily chart, I have spotted a potential fractal pattern that may indicate a reversal is on its way on the daily chart. Looking at the 3 minute chart over the past 2 days, I see an identical fractal pattern, as indicated by my blue squiggles. I encourage you to analyse the 3 minute chart on the 2 most recent bullish candles and see this pattern for yourself.
Algo is super supressed, but we also see that the selling volatility has greatly reduced over time, with less severe sell offs. This could also indicate reduced selling pressure and a chance for a reversal.
ALGO x30 Future Profit !?!?- Almost two straight years of loosing price, i believe is great opportunity to buy ALGO at 0.10 for long term investment.
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- If pattern repeat it self, as history likes to do, then we could see a W formation which means price could go up to 3.00
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- Green lines are my TP
- My SL woud be at 0.07
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*This is not a finacial advice , just an idea of mine. Trade safe !
ALGO short TP's in short term's///I Have Tried My Best to Bring the best Possible outcome in this Chart.
TP's and everything's you need marked on the chart.
In case of this scenario happen PLZ set your SL at first .
All important support and resistance's in Short term marked on the chart.(Scroll your mouse on the chart for more view)
It's Not a financial advise.
PLZ DYOR
With hopping succe