ALGOUSDT trade ideas
Algo Sell Trade Here is my Study on Algo.
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ALGO/USDT looking breakdown! Hey traders 👋
ALGO coin is first that we will be taking a look at during the weekend where we see a nice potential for a breakdown to happen here soon! Why do we think that?
Well first of all let's look at 200EMA which is considered an upper resistance here as well. It has been rejecting many times the market price of ALGO meaning there is not enough volume behind it. This can lead to lower zones to be reached with a nice kickstart from a breakdown near current market price of $0.1111
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Harmonic Crossroads for ALGO Long SetupOKX:ALGOUSDT.P
Actually it is so simple to trade this setup.
We have 3 bullish harmonic which are indicate the same level. It doesn't matter to the point level. When we reach under 0.1 we will be seeking for bullish price action. As soon as we find it we will arrange our risk reward ratio and execute it.
Good Luck Everyone.
May the force be with you.
ALGO S&R in short-mid term>>>>I Have Tried My Best to Bring the best Possible outcome in this Chart.
ALGO have a good potential for spot trade for mid term.
Based on moving in static support's zone in long term time frame 0.8-0.10 and by pass from 0.15 can start strong upside trend to next resistance's,
So it look's good to buy 1 step in daily time frame's correction.
All important area's in long - mid - short term marked on the chart.
It's Not a financial advise.
PLZ DYOR
With hopping success>>>
ALGOUSDT - Bear FlagALGO is currently forming a bear flag on the daily chart following a sharp price decline, indicating a potential continuation of the downward trend.
The pattern is further supported by the downward trend in volume. Currently, the price is experiencing a brief consolidation phase.
Now let's monitor any breakouts below the lower trendline, and a breakout with a high volume would further confirm the validity of the breakout.
ALGO coin, which is currently trading at $0.1Hello, everyone!
Recently, I've been paying attention to the ALGO coin, which is currently trading at $0.1. It's interesting to note that at its peak, this coin reached a price of $3!
I'm optimistic about the prospects of this coin and will be anticipating a 10-20x increase in its value! However, of course, I'm aware that the price could drop to $0.05, and in that case, I'll consider the option of buying more.
What particularly appeals to me is the fact that ALGO has its own blockchain, which could serve as an additional incentive for the coin's price growth in the future.
If you have any thoughts on ALGO or any advice regarding cryptocurrencies, I'd be glad to hear your comments! 🗣️