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(ALGOUSDT 1W Chart)
The key is whether you can support and move up in the 0.3310-0.4253 zone.
(1D chart)
0.4253 : volume profile point
0.3310: boundary point of the floor section
0.3091 :...
Algorand huge upside considering we keep up the same rate of growth from before. We should see $1.50 easy then $4 and beyond.
They're just handing out free shares so we can have a good flow of shares for when it goes up.
Market pushes up more when shorters take profit that's why it dips first then shoots up and also goes to resistance at the last second and then...
Still thinking bottoms in as I alerted to my group back in early Sept like XRP back did bottom at .30c but if BTC nukes we could overthrow to that cluster of
support & resistance I marketed off in my highlighted circle for a capitulation event.
BYBIT:ALGOUSDT
4H time frame
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ALGO is in a descending channel, and it started to form this channel since increased by 41%.
The price stops making lower lows and hit Fib 0.382 smoothly for support confirmation.
We can long it at 0.34 and add more position at 0.335(Fib retracement level_0.382)
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Entry: 0.34
Add: 0.335
TP: 0.3565, 0.3735
SL: 0.33
After doing a fakeout above the yellow neckline we now have price action for king above the white neckline….not sure which one will be the most valid but if the white neckline reaches its target they both do. I imagine it will be retesting the 1day 200ma before too long. *not financial advice*
As some analysts have predicted, the public's interest in crypto/Web3 projects have shifted from proof-of-work over to proof-of-stake, following Ethereum's "merge" a few weeks ago. ATOM and ALGO in particular did very well this week (though it did level off eventually) as what seems to be a partial migration of crypto money flowing from one area to the next.
The...
ALGO has formed a large falling wedge which is common among many crypto coins currently
The green horizontal is a strong support line, using the curved line to show the kind of cup structure price is forming once hitting this green line
It is a very bullish structure
Lets see how it plays out
Hey there!
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Watching this video you can see that SMA 15/16 crossover trading system still being the most profitable combination for the last 13 years on daily AUDCAD.
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ALGO showing heavy confluence at .395 cents
We have a ISHS target matching up with a volume profile and a fib with the same coordinates.
Let's ALGO to this target!
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
WEEKLY: Left Chart
ALGO is approaching a strong support and demand zone so we will be looking for buy setups on lower timeframes.
H4: Right Chart
ALGO formed a valid channel in red but it is not ready to go yet. For the bulls to take over, we need a break above the previous...
Hello Traders!
ALGO price continues to move within the descending trend completing the previous market cycle.
The culmination of the falling phase will be an aggressive downward exit of the price under the support level of $0.25
Medium-term purchases can be considered at $0.1440 - $0.1900.
The targets of such purchases will be price levels of $0.25 and...
