💎 ALGO has been a standout in the market, recently achieving a notable breakthrough in a key supply area. It's now undergoing a retesting phase in the Lower Time Frame (LTF), setting the stage for potential upward movement. If successful post-retest, ALGO probability may move towards our targeted strong resistance area. 💎 However, if ALGO returns to the demand...
CHECK OUT THE LATEST Bitcoin Update | Alt Coin Update | ICP | Filecoin
💎 Paradisers, shift your attention to ALGOUSDT, as it presents a notable trading setup in the demand zone, reinforced by a recent Market Structure Shift (MSS). This scenario suggests a substantial chance for a bullish trend. 💎 On analyzing ALGO's pattern, Algorand has a consistent record of breaking above its descending trendline, a harbinger of upward trends. It...
Algorand (ALGO) technical analysis: Trade setup : After getting rejected at $0.15 resistance a few times in November, price has finally broken above it to signal continuation of uptrend with upside potential to $0.18 near-term. Previously, price broke above above 200-day moving average, which confirmed a bullish trend reversal to an Uptrend. Trend : Uptrend...
Technical analysis for: Dow Jones( US30 ) 05 Dec 2023 Trend : Up Expected scenario : the technical analysis prices will keep moving up on long term but the the technical analysis saying that there is a correction to support level zone ( 35200 to 34600 ) which consider it as strong and good zone for buyers with targeting the highest historical prices at 37000 $ .
Technical Analysis for USD/JPY - December 5, 2023 Trend: Down Details: The market is currently bearish; the trend has shifted to a downward trajectory, and prices are gradually approaching the nearest support zone at levels 144.83 to 143.43. Once prices reach this zone, we can consider the possibility of a reversal and an upward movement again.
Technical analysis saying : Trend : UP Details : XAUUSD pair is still under high pressure selling, and the first support zone located at level ( from 2007 to 1992 ) for ounce, which might pushing the prices up again to 2040 $ .
ALGO has demonstrated a notable uptrend, successfully overcoming a resistance level that previously hindered its price growth for several days. This bullish momentum led it to encounter another resistance zone. At present, the price growth has stalled, suggesting a potential reversal to the downside. However, a newly formed support zone has emerged, which could...
Algorand (ALGO) technical analysis: Trade setup : After getting rejected at $0.15 resistance a few times in November, price has finally broken above it to signal continuation of uptrend with upside potential to $0.18 near-term. Previously, price broke above above 200-day moving average, which confirmed a bullish trend reversal to an Uptrend. Trend : Uptrend...
Algorand (ALGO) technical analysis: Trade setup : Price broke above above 200-day moving average, which confirmed a bullish trend reversal to an Uptrend. So far it has been rejected at $0.15 resistance. We wait for price to either 1) break above $0.15 to signal continuation of uptrend with upside potential to $0.18 near-term, or 2) pull back near $0.12...
I can see a big opportunity on Algorand. We are in a strong uptrend, there's a good bullish ascending triangle with a 18% move. If we set this 18% move as target, we can see it at 0.17. It's a good 30% from actual price, on spot... Imagine on features
I am scalping long on Algorand. Opportunity looks good, the short term downtrend in broken, a small pump is likely to happen
We see a tight trading range, signifying indecision between buyers and sellers. If we see a solid break above the upper yellow line, there could be potential for an upward push, possibly initiating a new bullish phase for ALGO coin. However, the odds seem slim, and we may more likely witness a bounce between the resistance and support zones. We're on the lookout...
Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (ALGOUSDT chart) The key is whether the price can be maintained above 0.1093 and rise above 0.1718. (1W chart) In order to escape from the bottom section, the price must rise above 0.1718 and...
I was wrong on my prevoius idea, it wass maybe too early for ALGO to fly. But the hot zone i marked as resistance and support has worked nicely. We are back to resistance and i think Algorand has enough strength to flip it to support and fly high in the mid term. 0.2 is my target before end of the year
ALGO has been trading in an ascending broadening wedge pattern since 19th October. In that time it has risen by ~67% and is once again trading above all EMA's. The market is shaky at the moment and any drops in BTC are causing bigger drops in alts, but any increase in BTC is not necessarily increasing alts much. In any case, despite the very recent downward...
Updating my long position on ALGORAND. So far so good, that's what i want to see to continue the good uptrend. In daily TF we are in strong bull trend. Big support (big rectangle) and small resistance to breake.