AlgousdtNow is time for algo to rise up
After all waiting for algo now we see movement is beginning. And if it broke 0.14 $ we can reach 0.165$
ALGOUSDT trade ideas
Algo Buy SetupHere Is My Study On Algo
Welcome to my channel! Here you'll find daily technical analysis ofthe latest trends in the crypto market. From Bitcoin to altcoins, I'lIl be sharing my insights and predictions to help you make informed decisions
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Crypto technical analysis uses past price history to predict future price. It's not a guarantee and shouldn't be relied on solely for investment decisions. Consider other factors such as market trends, economic strength and
information dissemination. Use with caution.
This Is Not A Finacial Advise
ALGO: Navigating the Ups and Downs of the Algorand JourneyALGO (Algorand) is a blockchain platform that aims to provide a secure and scalable infrastructure for decentralized applications and financial systems. It utilizes a Proof-of-Stake consensus mechanism, ensuring fast transaction processing and high throughput.
From a technical analysis perspective, ALGO has been in a solid downtrend since February 7, 2022. The price has encountered major resistance levels as the token continues to experience downward price pressure. Notably, the resistance at 29 cents marked the start of a significant sell-off, resulting in a 69% decrease over a span of 105 days.
However, a strong support level has formed around 10.55 cents, and the next expected resistance is projected to be around 12.35 cents. If the resistance is broken and support is established, there is potential for a 10% rally towards 13.70 cents.
Taking into account the ROBO advisor sentiment, the daily timeframe is currently bearish, indicating a prevailing downward price action. The sentiment on the 3-hour timeframe is unconfirmed and mixed, while the 45-minute timeframe suggests a bullish bias.
Overall, the sentiment surrounding ALGO is currently mixed, with a slight inclination towards bearish price action. However, it is important to note that a potential reversal could be on the horizon, given the mixed signals and the possibility of breaking resistance levels.
Please be aware that technical analysis provides insights based on historical price data and indicators, but it does not guarantee future price movements. It is important to conduct thorough research, consider fundamental factors, and employ proper risk management strategies before making any investment decisions.
Disclaimer: Cryptocurrency investments carry inherent risks, and it is crucial to exercise caution, seek professional advice, and make informed decisions based on your risk tolerance and financial goals.
Algo Getting Ready For Move towards 0.20$Seems Like Ready For Massive Bullish Rally Testing Falling Wedge In h12 tf Incase Of Breakout Expecting Move Towards 0.20$
ALGO LOOKS BULLISH (1D)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ALGO symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
ALGOUSDT ALMOST THERE?I am looking for a sweep below the current liquidity zone down into the OB. Since we have have sweeped the current liquidity zone for the past couple of days, this indicates that the recent order block will provide significant support and enable us to gather momentum and push up to the upper previous inefficient liquidity zones, resulting in some nice gains.
ALGORAND H&S, 240m timeframeHi, as we can see, the H&S neckline has been broken and is now retesting around the Fibonacci 0.618. Also RSI presence hidden bearish divergence.
Further confirmations are expected at shorter timeframes.
This is not investment advice :)
ALGO Possible Daily Movement 😎♻️😎♻️😎Hi dear traders
ALGO managed to break its price floor in the Binance exchange. By collecting liquidity in this area, we expect to move upwards.
The most important price target is to reach the weekly OB around the price of 0.6$.
Let's see what happens
All targets specified
This is not financial advice ( DYOR )
Good luck
🚨 Trade Update: ALGO/USDT (3-5x)🚨 Trade Update: ALGO/USDT (3-5x)
📈 Long Entry: 0.1019 - 0.110
OTE (Optimal Trade Entry): 0.1063
SL: 0.0991
B/E Move: When it moves close to TP2
TPs:
Short Term: 0.111 - 0.113 - 0.114 - 0.120 - 0.1248
Mid Term: 0.1278 - 0.1299 - 0.1336 - 0.1368 - 0.1406
**Disclaimer: Past profits do not guarantee future results.
Is there a risk? Of course. The whole financial market is subject to risk; any fundamental reason or sudden change in the market sentiment can reverse the current market dynamic and cause a loss. Do not take excessive risks which you cannot afford to lose. There is no obligation to take this trade; please avoid the trade if you disagree with the trade analysis.
EDK FORUM TRADING®
Harmonic Cross Road For Long Btw 0.1 - 0.096OKX:ALGOUSDT.P
Bullish BAT and Butterfly indicate the same level.
Below 0.1 there will be two harmonic bullish setups which indicate the same price level.
It is worth trying with bullish price action.
Good Luck Everyone.
May the force be with you.
ALGOUSDT We are struggling to hold support and are still below the current support line. We have done a full retrace of the most recent pump and failed to move price higher. I suspect we are headed for one final 25% dump before we actually see any real bullish momentum. Many people are starting to load up their bags of crypto thinking the bull market is in. I think those trying to get in early will be surprised as they lose a portion of their liquidity.
Clean short signal on ALGOUSDTHere is a picture perfect short signal on the ALGO/USDT pair, based on hourly ATR(100) renko blocks. The bearish crosses happened in bearish territory both on the CP Renko Trader and the CP Renko Study indicators. SL already in entry.
ALGOUSDT CONSOLIDATION THEN UP?If we break out and consolidate above the current yellow box, we could see enough strength to climb out of the current slump and hopefully head up and start a new short term cycle. Stochastic and RSI both sitting low on the current time frame. I'm expecting we move up to the next yellow box as indicated by the green arrows. If we maintain consolidation in the upper yellow box, we could see more upside in the future.
in the end time for algorandin the end time for algorand
time frame 4H
and you shoud ready for good news about algo
ALGOUSDT More downsideWe will see more downside upon breaking down through the current support region. We will go back down to the bottom of the wave 2 breakout, since it was our last area of strength in the current short term cycle.
#ALGO WEEKLY CHART ANALYSIS#ALGO WEEKLY CHART ANALYSIS
Based on the created divergence and the same wedge pattern formed at the end of a downward movement, the pattern currency is in a low risk range for buying. The following targets will be available for the next six months to two years if there is adequate price support:
0.85$
2.3$
16$
54$
STOP LOSS:
UNDER 0.085
ALGOUSDTWe could see more upside if we break above the previous up trend line that Held as support for the previous Elliot waves, making a higher low and higher high.
More Downside for ALGOUSDTWe saw the triple top failing to make it past resistance, followed by a savage drop in short term price. Looking at the previous strength areas, I suggest price may move back down to where wave 2 started. Red arrows point toward potential targets. Consider following me if you like my analysis and for more trading analysis.
Algo 60%TextBook thigs i like it lets see its play or not but risk it little but rewards are too good
$ALGO - updatebouncing from vwap from last swing low
IF you recon corn is not going to sweep 30K again hop on
alternatively stop below vwap and let it run..
