1. The Hero indicator should remain in a bearish mode. 2. Also, the Master Cycle indicator cloud should be in a bearish mode. 3. If the candles hit the cloud in the Master Cycle indicator and fall lower, it is a good opportunity to enter a sell position. 4. The more the candles penetrate the cloud and get closer to the number 50, the more likely we will see a...
1. The Hero indicator should remain in a bearish mode. 2. Additionally, the cloud of the Master Cycle indicator should also be in a bearish mode. 3. If the candles in the Master Cycle indicator hit the cloud and fall further down, it is a good opportunity to enter a sell position.
It's been a while since our last chart update, but now is a great time to analyze some long-term patterns in altcoins. We still have a few spot trades open, and ALGO looks particularly promising with its potential for significant profits. Currently, ALGO is showing an accumulation phase, which could lead to massive gains if it maintains the inverse head and...
EURONEXT:ALGO Inverted H&S Pattern: 1⃣ After Breakout = 250% Potential 2⃣ RH Support = 500% 3⃣ Exit = Below Support #algorand #ALGO
Algo long at a key inflection point with another bullish 886. We look to accumulate on any retrace
It looks like Algorand will go up after a long sideways trend. This is evidenced by the volumes and consolidation after recent major purchases. Without further ado, a breakout of the lower line means greater downside potential, and a breakout of the upper line means potential upside. Algorand is currently at a great price to risk a larger purchase, I don't expect...
Algo is is gearing up to challenge its overhead resistance; the last one remaining in this cycle. I believe this will happen sometime in June/July. Things will ramp up suddenly after that.
💎Paradisers, a golden opportunity is knocking with #Algorand! Currently, there's a significant chance for a bullish reversal from the pivotal support at $0.1563. If #ALGO can hold steady at this level, it may signal the beginning of a bullish surge, potentially breaking through the descending resistance to reach our projected strong resistance area. 💎If #Algorand...
Trade setup : Trends are mixed to down. Price has broken out of a Channel Down pattern but it’s now approaching a stiff resistance area: horizontal resistance of $0.20 and 200-day Moving Average. If it breaks above that, it would signal resumption of uptrend and upside potential to $0.25. Trend : Downtrend across all time horizons (Short- Medium- and...
ALGO ~ 1W #ALGO Forming a H&S Pattern on a 1W Time Frame. It's quite interesting to place small purchases here, with a target of at least 20%+
Trade setup : Trends are mixed to down. Price has broken out of a Channel Down pattern but it’s now retesting that breakout level. If successful, price could revisit $0.22. Stop Loss (SL) level at $0.175. Pattern : Price was trading in a Channel Down pattern. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the...
ALGORAND is stuck in this range after a weak break abive the main bearish trendline. Range can be good, because usually is an accumulation zone. We just need to wait for a break above this range to see a pump till the local top that is the first resistance zone
Trade setup : Trends are mixed to down. Price has broken out of a Channel Down pattern but it’s now retesting that breakout level. If successful, price could revisit $0.22. Stop Loss (SL) level at $0.175. Pattern : Price was trading in a Channel Down pattern. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the...
Trade setup : Trends are mixed to down. Price has broken out of a Channel Down pattern and back above that 200-day MA to signal trend reversal to Uptrend. Near-term upside potential to $0.22. Stop Loss (SL) level at $0.175. Pattern : Price was trading in a Channel Down pattern. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks...
Hello, my friends. Nice to meet you all It's going from BEARISH EXTENDED WAVE to BULLISH EXTENDED WAVE. We expect to break out the upper line of BULLISH WXTENDED WAVE with strong support from ZONE.
🔍Let's dive into today's market analysis. Compared to yesterday, the market hasn't made any significant moves, prompting us to zoom in on the daily timeframe for a broader perspective. Today, our focus is on ALGO coin, presenting intriguing opportunities for both short and long positions. Let's dissect the price action to identify optimal entry points for futures...
#ALGO The price is moving in a bearish channel pattern on the 4-hour frame and sticking to it well The price rebounded well from the lower border of the channel at the green support level of 0.160 We have a tendency to stabilize above the Moving Average 100 We have oversold resistance on the RSI indicator to support the rise, with a downtrend about to break...