Seems Like Algo Is Ready For bullish Impulse Falling Wedge Breakout Has Already Confirmed Retesting In Process Incase Of Successful retest expecting 25v to 30% b ullish Wave
This one is approaching towards the its lows. There is a monthly and weekly level almost close to the current price. It may breach that for a while but I expect it to hold that level on weekly time frame and bounce from there. If it does bounce, I see it aiming towards daily and then probably weekly resistance. The price has finally hit the weekly support which...
ALGO - Bullish Harmonic - Short Term Long Scalp Opportunity Long targets shown on Chart. Good luck!
Opinion: XRP has always been the choice for future CBDC's and the trial was meant to induce accumulation. Ultimately I believe XRP will sucesfully win and under double jeopardy laws, XRP will become part of the club of 4. ETHEREUM, BTC, EOS and soon XRP. The 4 only cryptos with legal clarity. I am of the view that given enough time XRP 4$ will be looked...
Posting this to see if this will turn out to be true, looks promising, another bullish case for ALGOBTC.
💎#ALGOUSDT shows promising signs of a bullish reversal! The formation of a double bottom, coupled with a successful break above the descending channel and supply/demand zone, suggests a potential price increase towards the 88.6% Fibonacci retracement level and the 200 Simple Moving Average. Currently, price is supported by the 61.8% Fibonacci level. If the...
💎After breaking below the ascending channel, the downtrend in #ALGO has been consistently strong. But today, on the 4H chart, we are witnessing a Hummer Candlestick Pattern, a potential sign of a reversal. 💎 Additionally, there's a clean bounce off the 461.8% Fibonacci support, which could indicate a potential bullish reversal. We need to confirm this on the...
Algo double bottom in bullish scenario which can give you good profit in no time. I'm riding on it. Do your own analysis and let's ride on Algo pump.
Hello, everyone! There is an increased interest to atlcoin BINANCE:ALGOUSDT last couple of days because it has broken the bottom again. Some traders think that it's scam and we should forget about this token, others think that it's perfect buy level. I have another one opinion. As you know I expect $10k on Bitcoin, and first of all we should wait for this...
Hi, Friends hope you are well and welcome to the new update on ALGO. Big wedge and a long-term support: Algo has formed a big falling wedge on a weekly time frame, however, at the moment ALGO has dropped at a very long-term support of $0.16 and this level is working as a support since Sep 2019. Oversold on weekly time frame: Weekly Stochastic is also...
Right now ALGO is testing the most common Fibonacci retracement level, 61.8%. We want to take buying opportunity at this time as any kind of a pullback would be healthy for this bearish trend.
◳◱ A Resistance Breakout has been identified on the SIX:ALGO / CRYPTOCAP:BTC chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 0.00000622 | 0.00000639 | 0.00000677, and the major support zones can be found at 0.00000584 | 0.00000563 | 0.00000525. Consider entering at...
the big short to 1800 levels coming this summer or by end of year. After 2k breaks lots of levels on the Downside need filled. My ideal gold short entry would be around 2100 if dxy breaks 101 in the coming weeks. If dxy shows signs of life back to 103 and up then I’ll be in the gold short for the long haul from a 2xxx level. Enjoy
Shwatup doe! Hope you are healthy wealthy and blessed <3 It is a wild and beautiful day in the world of crypto, I hope all of you are experiencing it in joy! Now here we are looking at ALGO on the daily time frame, zoomed way out so BIG PICTURE ya; and what do we see?! ⭐️ I have been simply drawing trend lines on this chart throughout the past month or so...
That's the make or break for Algorand. Yesterday drop ended up with a bull trap and a chance for trend reversal. There are three rules in place now. - We want to stay above the yellow line ( the previous low on a weekly chart ) - Closing below yesterday low invalidates the setup - Closing below 0.1560 will propably mean that Algo will drop to 0.1150
Algorand's current market price has been a subject of concern among investors, given that the platform has a strong technological foundation and promising potential. The market volatility is an inherent feature of the cryptocurrency landscape, and fluctuations in prices are common and to be expected. Algorand is a relatively young project, having launched in...
Algo has also entered my target down area and with the daily RSI into oversold territory, I believe this is an appropriate area to enter. Yes, Bitcoin could still come down to that 25,200 neckline area or lower, dragging ALTS down even further, but I have set my entry targets for these recent alts trades and will stick to the trading strategy at this point,...
BINANCE:ALGOUSDT pair has turned bearish according to its daily chart, after a brief period of upward momentum. This is due to the formation of a bearish double top pattern, which broke downwards, followed by an ascending triangle that had the potential to break upwards. Unfortunately, the triangle broke downwards faster than anticipated, signaling a continued...