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ALGUSD trade ideas

Buying an Algorand to trade on the spot market.#ALGOUSDT There are many factors that indicate the possibility of buying: 1. The strength index suggests that a rebound is possible in the short term. 2. We have already seen a complete bearish correction of A, B and C. 3. According to technical analysis, we have reached the bottom zone. 4. At the moment, the first and second waves have formed, and a long third wave is expected to follow. However, the target ($0.6495) can be reached by both the third and fifth waves. Good luck to you! Please note that these are just my expectations. There is no financial or investment advice here. All of the above information is provided for informational purposes only.
BINANCE:ALGOUSD
by A_R_T_vs_A_R_T
ALGO and 1068% ROI?Algorand (ALGO) is one of my favourite coins which I choose to invest in. I like this project because they have a lot of partnership with all kind of companys. On their page you can find various real estate projects, FIFA announced that ALGO is their blockchain partner for upcoming events, they are taking part in Esports etc. This is trade (investment) setup on larger timeframe. I am not looking to reach targets 2,3,4 and 5 very soon, that could be year(s). I will sell most of my capital on targets 3,4 and 5. Small portion will be sold on Target 1 and 2. Entry Zone: 0.27 – 0.34 Buy Zone 1: 0.17 – 0.20 Target 1: 0.70 – 0.76 (106%) Target 2: 0.97 – 1.03 (184%) Target 3: 1.64 – 1.77 (377%) Target 4: 2.76 – 2.91 (703%) Target 5: 4.02– 4.23 (1068%)
BINANCE:ALGOUSDLong
by Abmoon
4
ALGO Technical Analysis: Key Levels to Watch in 2024-2025 Algorand (ALGO) is a promising project known for its efficient management of scalability, security, and decentralization. The long-term success of ALGO depends on broader adoption and leveraging its distinct features in the competitive blockchain market. Currently, ALGOUSD is holding a Weak Support at the $0.119 support level, presenting a potential for significant gains. If this support level holds, we might see a bullish move. However, if this support breaks, the next strong support and bottom lie near $0.086. A bounce is expected from this level due to some upcoming positive events and the potential approval of ETH ETFs. Historically, we have seen altcoin rallies following such approvals. ALGOUSD was listed on June 17, 2019, and experienced a significant rally between March 30, 2020, and November 27, 2021, during the 2021 bull market. According to Bitcoin's historical patterns, a bull market tends to occur every four years. We anticipate increased market volatility in Q4 2024 and Q1 2025, similar to the 2021 bull market for ALGO. Our calculated targets for ALGO's bull run suggest a minimum target of $1.57. If this resistance flips by Q4 2024 or January 2025, we could see a maximum target of $3.44. It's crucial to monitor support and resistance zones to keep the trade active. Remember to exit long positions by April or August 11, 2025, as the bull run and alt season are expected to end during this period. For more analysis like this, follow us on TradingView to stay updated with our latest ideas and take advantage of our insights. Kindly share this idea with your friends and family to maximize profits. Don't forget to comment below and give a like. Thanks!
CRYPTO:ALGOUSDLong
by Houseofcryptokings
(ALGO) ALGORANDOne day can make a big difference. The lead lines have changed quite a bit for cryptocurrency based on the losses over the last 24 hours. This image is an update of the same image I posted yesterday with the new and improved lines of the indicator in orange versus the same view of the black lines a person would normally create if they were looking at the chart and trying to place the lines on the graph. The inbetween black line I drew yesterday came true and now the orange line is laying on top of the middle black line.
COINBASE:ALGOUSD
by CryptocurrencyBlot
1
ALGOUSD Pump of the day! Huge buy opportunity.Algorand (ALGOUSD) is having a huge pump today as it smashed above the 1D MA50 (blue trend-line) for the first time since April 01. This rally has been generated after holding and bouncing on the 1W MA50 (red trend-line) for the 2nd time since January 23. This gives shape to a Channel Up, not so different from the one that led the token to its peak during the previous Cycle. The 1D MACD has just formed a Bullish Cross, indicating that we are still at the very start of the new rally. Our Target is 2.000 (Fibonacci 0.9 retracement level). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:ALGOUSDLong
by TradingShot
$Algo #Algorand Algorand EURONEXT:ALGO #Algo Is currently caught between the support at $0.15 range and the now resistance above at the $0.18 range. If we get a follow up pullback with the rest of the market on further war i.e. middle east drama, then I would watch for the next support range to come in at the $0.12 range. I've purposely given you the same chart and layout but on two different time frames to help newer traders coming into this cycle see how different things can look on a daily vs a weekly time frame. I think that this can really help speed up learning for many and to open their minds to variables. As you see the daily can easily in this case look much more instantly bullish and give you the greater feeling of FOMO #Fomo to jump in. Whereas the weekly can give you more of a tactical view and help with your approach being so. Hopefully some of you find this chart helpful during this stressful pullback/flush that I'm aware has really beaten down and or killed many portfolios for traders. I've fallen off on posting/sharing my charts these last few months while I was trading ALOT myself and on multiple platforms and various ideas. However, during these more stressful times I will try and stay more active with updating what community I have. For my birthday without cause or warning X shutdown my larger account @RareBreedOG so I'm starting over fresh with almost no followers now for the algorithm. That being said I would greatly appreciate help with you hitting the like /Follow/share buttons as much as possible if you find these charts helpful at all or even just want to help me rebuild my following after getting Fu**ed by X. For this reason, I don't plan to pay for a checkmark this time around either, but you can all help give me reason to keep sharing and not just leave to other platforms. Everyone stay safe and trade wisely and be careful with leverage in these uncertain times. Biggest goal is to not be liquidated before the real top comes and or worst-case scenario have positions worth holding until the next cycle if we really did just have an early cycle Rare Triple Top.
COINBASE:ALGOUSD
by rarebreed29