15x leverage Trailing sl TP 1 take 50% move stop to break even, rinse n repeat
Trade setup : Price remains in an Uptrend. After making another Higher High (~$33), which is a sign of Uptrend, price is consolidating in Descending Triangle pattern. The pattern is coming to a pinnacle, which means price is about to breakout. We wait for a breakout that would signal the end of consolidation and a resumption of uptrend. Bullish breakout could...
Forming a higher high from weekly time frame indicates a reversal in algorand pattern In 4h there is a clear channel now facing a horizontal support which is around the last high I expect a rebound from this bottom az soon az the trend line breaks
shouldn't chase but can still have decent gains RETEST seems to be happening
ALGOUSDT-4H - Support & Resistance analysis 3 support and 3 resistance
#ALGO The price moves in an inverted head and shoulders pattern The right shoulder is now complete Wall is expected for the upper border of the shoulder We have a higher stability moving average of 100 We have bullish momentum on the RSI and an uptrend We have a current breakout of the channel to the upside Entry price is 0.2500 The first target is 0.3000 The...
BINANCE:ALGOUSDT (1D CHART) Technical Analysis Update ALGO is currently trading at $0.2276 and currently in consolidation phase. Price has formed a nice triangle pattern. If the price breaks out from the resistance line then we have a good opportunity for long trade. If the price breaks down then the next support is around 0.15 Entry level: $ 0.24 Stop Loss...
Weekly 21 & 54 about to have cross n test also liquidity grab and daily rsi 40ISH to be established as a support, If not, hold on to nothing
The price forms a head and shoulder pattern, signaling a good opportunity to take a short position. Once the price reaches my take profit level or I secure a partial profit, I will then enter a long position from that final take profit zone.
Im a little late on this juan but ALGO has confirmed support along with many other alts. With quite a few now breaking out of these consolidation phases, I am expecting the same here.
💎 Paradisers, let’s delve into the intriguing movement of #ALGOUSDT. Currently, it’s retracing and meticulously retesting a critical support level at $0.2162. This level holds immense importance, and its ability to transition from a retest to a firm support could be a bullish signal. 💎 After successfully breaking out of a descending channel, the price of #ALGO is...
ALGOUSDT Implementing Dow Theory 4 hours candle analysis #dowtheory #algousdt #cryptoanalysis
Trade setup : Price remains in an Uptrend. We would be buyers on pullbacks near $0.25 support area, which is also near its up trendline, and could be an attractive swing entry in Uptrend, with +20% upside potential $0.30 near-term. Stop Loss (SL) level at $0.215. Trend : Downtrend on Short-Term basis and Uptrend on Medium- and Long-Term basis. Momentum is...
ALGOUSDT is in downtrend but look like the bullhave started to gain strenght. A bullish divergence is formed when the prices were forming LL the RSI momentum indicator have shown series of HL. Current steup to go short is available at 0.38 fib retracement.
The price is being rejected at the 1-hour support level, which may result in a gradual price increase from this point.
ALGOUSDT is bullish trend, price is showing action at 78.6 Fib retracement level and there is bullish diversion on RSI at HTF.
Wake up Grab a brush and put a little makeup Hide your scars to fade away the shakeup Why'd you leave the keys upon the table?
ALGOUSDT is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH. What you guys think of this idea?