Short term target 0.2824Following weekly chart. Getting a long signal from my 2 indicators.
TP 0.2824 ( around 30%)
SL 0.2 - Please wait for weekly candle close to stop.
ALGOUSDT trade ideas
ALGO Sell Limit 😎✅😎✅😎Hi dear traders
ALGO moving in flat channel.
The price is retesting the 0.2244 resistance and making a false breakout.
We can see bearish divergence between price and volume.
I expect the price to return to the specified area.
We are trying to take 📈 in short term
Wait for confirmation
All targets specified
Let's see what happens
This is not financial advice (DYOR )
Good luck
ALGOUSDT - 1h Bullish TrendAn advancing trend is observed along with two bullish candles, a hammer along with tweezers bottom. The bullish trend may continue.
ALGOUSD-Support and ResistanceALGO is moving in between support and resistances. We have placed both, Buy Stop and Sell Stop orders to play accordingly.
ALGO - Road to 2024HTF - We are about to print LL and imo 2023 will start with a Bear Market Rally.
LTF - I dont know, I dont care, I am not good at it. I only SPOT TRADE.
This is my 2nd bear cycle and about to be my 3rd bull cycle,
and if history at least rhymes with the past, then it’s time to accumulate.
Algorand just broke above a Flag Pattern and heading up to 0.226Falling Flag formed on Algorand after the price previously went on a strong uptrend.
We now have the price breaking up and out of the flag.
Target 0.2261
Price >200 RSI =50
SMC
Below the flag, we can see there is Sell Side Liquidity Order Block which is coming in with strong orders from Smart Money.
This is where SM is sweeping selling orders and buying into them, which is pushing the price up.
FACTS ABOUT Alogorand
Algorand is a blockchain-based platform for developing decentralized applications (dApps).
It was founded in 2017 by Silvio Micali, a computer science professor at MIT and a Turing Award recipient.
It's designed to be a high-performing and secure blockchain platform that can process thousands of transactions per second.
They use Pure Proof of Stake (PPoS), which allows for fast and secure transaction processing.
Algorand has its own native cryptocurrency called ALGO, which is used to pay for transaction fees and to participate in the network's governance.
Algorand has been used in a variety of applications, including real estate, gaming, and supply chain management.
Short the ALGOHello Traders!
Welcome back to another trade with analyst Aadil1000x.
Today we are selling Algo because of a strong reversal pattern.
Algo SHort Now @ 0.2223
Stoploss 0.2275(-2.3%)
Target 1, 0.2157(+2.9%)
Final Target 0.2107(+5.17%)
Don't forget to hit the like button and follow to stay connected
Trade Alert(s) - Take ProfitTraders,
Unfortunately, I am too uncertain about how altcoins will respond when Bitcoin pulls back to tolerate this level of risk on the table. So, I have chosen to take profits on two coins coming up into resistance here: ALGO and DOGE. I will re-evaluate a decent re-entry area once I know this resistance is or will be defeated.
Stew
ALGO - Consolidating, be patientThe gray resistance from my previous post has already been tested twice, and is holding tight.
Nevertheless, bearish reaction hasn't been strong either.
Right now, we are just consolidating between gray resistance and green trendline.
ALGOUSDT Bullish Harmonic ReversalALGOUSDT if bounces off of our trendline towards upside can give us a good entry at our Buy Stop level with good risk & reward Ratio.
A Simple Quick Trade to 2x Profit on ALGO USDTDear Tradingview family,
Symbol: #ALGO_USDT
Strategy: #Trend_TRADING #Trendline #Support_Resistance
Indicators: #Price_Action. #Chart_patterns #Trendline #Support_Resistance
Anchor Time: 1 Hours
Trading Time Frame: 15 Mins
Trade Call Type: #LONG.
Order Type: BUY LIMIT
Entry: BUY when Price test the trendline.
Entry price: 0.2180
Take Profit: 0.2210
Stop Loss: 0.2270
RRR- 1:2
Methodology:
As a professional and experienced forex, crypto and stocks trader, I will be using a rigorous methodology that involves analyzing the price action and key levels and using a combination of indicators, harmonic chart patterns and chart patterns. I will be looking for potential trendlines , support & resistance levels where the price action may reverse and using our indicators to confirm the validity of our analysis. Based on my analysis, I will then determine the optimal entry and exit points for our trade, as well as the appropriate stop loss level to manage risk.
Conclusion:
Based on our analysis, I believe that there is a potential trading opportunity for a LONG trade.
Risk Assessment:
Conservative Traders risk 0.5% to 1.5%, moderator traders risk 1.6% to 3.5% and aggressive traders risk 3.6% to 5% of their account per trade.
Please use Position size calculator to calculate your risk per trade.
Overall, I believe this setup has a good chance of success based on the technical analysis , but as always, it's important to monitor the price action closely and adjust the trade if necessary based on new information.
ALGOUSD: Potentially Reversing Bullishly From Multi-Year-LowsAlgorand is currently sitting at 3 Year lows which happen to align with the log scale 78.6% Fibonacci Retrace and has with the assist of some Bullish Divergence, Bounced back above the Descending Trendline.
If we get the ideal performance from this price action, we could see ALGO eventually make its way to 78.6% retrace above at around $1.5 or even higher.
Trade Alert - Long Algo Traders,
Bull Flag here. Bought at .21. Will hold to .26 or the 200 day ma, which ever comes first.
Stew
ALGO/USDT looking bullish to us Hey guys 👋
Let's keep it simple here. Resistance is up which is is on the way for bulls. We see a good chance for a breakout to happen here so keeping an eye 👀
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
ALGOUSDTthere is no reason to this happen,
IF it comes
IF I see positive movements
I can take a long from here
it just an idea please don't take it serious
ALGOUSDTAlgo looks good to sell after double top M formation
Distribution can be seen on lower time frames also
ALGO Idea for an upward rally...Hi traders...
As you can see in the chart, over the past 2 weeks, price increases has happened in alternating time patterns that include Fibonacci time zones.
The next iteration has the power to push the price towards the daily pivot and I expect to see the price rally in the next 48 hours.
BINANCE:ALGOUSDT COINBASE:ALGOUSD
⚠️🚨 Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
✅ Please write any advice or suggestions.
Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed.
Algousdt | Getting Ready Algousdt
Getting Attention of Buyers, Big traders are showing interest in Algo
Hope to see a breakout very soon.
Wait for Breakout Incase Of Breakout Expecting Massive Bullish Move.
Remember: We only give ldea's from our
experience and knowledge, it does not
mean that it will be 100% correct, the
market is always unpredictable, anything
can happen anytime.
Always trade with your own research and
knowledge. If You Are Satisfied With Our
Work Then Join
$ALGO | Long | Set-Up$ALGO | Long | Set-Up
Entry Conditions:
| Challenging long term trendline
| Bullish RSI Divergence
| RSI Trendlines Breakout & Resistance Breakout
$Algo Prediction. Long term outlook! Short & long term potentialHello Traders,
I have been observing algorland quite sometime by now. Real solid foundation and they are putting out solid work over the years. It's chart seems like primed for action now! Currently holding at $0.22 level. If it can break out of the triangle , I am expecting swift reaction. Btc seems quite stable and some traders rightfully expecting some correction anytime by now. And yes it may correct now or it may correct or somewhere 30k-40k range. We don't know! What we do know is ALGO will make it's move sooner than later. I am personally expecting 50%-400% action mid-term! Do some reading about it!
Algo Breakout has occurred. What am I waiting for?Traders,
Algo has broken the triangle definitively. But I hesitate to enter for several reasons:
1. That 50 day coming down hard
2. Still not above .227 cents level
3. Need at least one confirmation candle on the daily above .227 and preferably above the 50 day ma.
4. Still expect BTC to draw back more.
5. Headed OOO for the next week and a half and I don't want to be tracking trades during this period if I don't have to.
I wouldn't blame anyone who follows me to want to enter here. I am just not. Yet.
Stew
ALGO: The Long Term Bet I Would Love to MakeBy the time of writing, ALGO has already down 95% from its ATH in 2019. Meaning, if we buy now, and it goes back to ATH, we can profit up to 20x our investment. A very good deal, don't you think?
In addition, Algo is now sitting at a multi-year weekly support.
Even if Algo does not manage to reach its ATH, but only to let's say its weekly resistance, the potential profit is already 500%. I really think that this is a very good deal, personally.
For better confirmation, we can wait for these indicator/condition to be fulfilled:
- Break of the white trendline
- Break of 21 EMA
and/or surge in buying volume
