ALGOUSDT 1D-TIMEFRAME ANALYSIS✨ Hello ladies and gentlemen This is my new idea for Algorand ALGOUSDT I expect the price to move higher... I hope my idea is clear Support me by like and share Stay Safe💯 Good luck💰
price break the trend line buying small amount here with stop below support zone 0.00001380 sats
Hey friends, hope you are well and welcome to the new update on Algorand (ALGO). On weekly chart, the price action of ALGO coin is at the strongest down trendline support. While the priceline is at the support the stochastic has given bull cross, RSI is in uptrend and the MACD indicator has given weak buying signals on weekly chart. On daily chart, the price...
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💎Technical Analysis Summary💎 BINANCE: ALGOBTC -Algorand is back trading around the key level of support -Well, this is still good because the Bull defended this zone again -But the fight is not yet over until the downward trendline is broken upward -Yes, you can buy at key level but tight stop loss -Or, wait for the trendline breakout to confirm that the trend...
The priceline of Algorand (ALGO) has formed bullish Cypher on weekly chart, the targets as per Fibonacci sequence of Cypher are as below: Potential reversal or buying zone: 0.00003233 to 0.00002683 btc Fibonacci projection or sell zone: 0.00003666 to 0.00004732 btc Regards, Atif Akbar (moon333)
================ BINANCE:ALGO/ BTC ================ ALGO / BTC breakout the line as u can see AlgoHIT THE BREAKOUT LINE maybe it's time the WEAK UP and make revearsal pattern tu bullish time the reason 1. algo cross the falling wedge 2. bullish engulfing 3. the price is up from ema 14,20,50,100 and wait to cross ema 200 and bullish let see elliot wave. we wait...
💎Technical Analysis Summary💎 BINANCE: ALGOBTC -Algorand is now testing a strong support area -This zone is a confluence of previous resistance and support -If ALGO can hold this area for a few days -And BTC starts consolidating normally -There is a chance, this coin will bounce up to 3500 sat -But if the support fails, the next level to watch is 2000 sat -So...
Algo had a nice pump...but we have plenty signals that the run is not finised. Time to go long @6.3k - 6 k TP1: 8.5 k TP2 : open
ALGO/BTC -Algorand may have temporarily set the top at 6500 -The potential area of support is somewhere at 4200 -If we can see Bullish signs of reversal in this region -Placing Buy orders is ideal and target the recent top -But if the 4200 regions failed, next to watch is 3700 -Be patient, let the trade come to you
ALGO/BTC -Algorand has been trading above the 200D MA and Key support trendline -We can see two strong rejection from the key area of support -If ALGO can hold this level for the next 5-7 days -It is likely to bounce back up to 3500-4000 range -Before potentially hitting the downward trendline resistance -Bulls must hold the 2600 level with the confluence of...
ALGO/BTC -Since the retest of 200D MA last July 14 -The price has pump 60% before coming back to the average -ALGO is currently reacting to the Key support area -If we can see more rejections from strong support zone -There is a high chance this will be its temporary bottom -And eventually, continue higher and break the recent top at 4300 sat -Aggressive Buyers...
ALGO/BTC -forming a complex IH&S+Cup&Handle pattern -the trade setup is to buy the break/close above trendline resistance -target is the recent top or mid resistance area between 3056s-3716s -key stoploss is below 2333s or potential new higher low
ALGO/BTC If ALGO will repeat the history to form a bottom at the same area of support, we could see a potential rally up to 4000 sats region. The RSI is also painting a bullish divergence that perfectly coincides with the current price level and area of confluence. This is a good setup to play a Long position and have your stop-loss placed under 2250 sats.
Wondering about the same patterns repeating here to drive ALGO on for another push. Bull pennant fakeout on bearish divergence (the most recent was largely down to the latest BTC dump), drop and test of 200 4hr EMA (blue), inverted H&S at that level then push on up to another higher high from there. I plan on trading this idea and will be entering around this...
ALGO seeing a good continuation after breaking above this resilient trend line yesterday, indicating a change in short term trend, matched with a corresponding increase in volume; we can anticipate price and volume to keep rising while we trade above our 0.236 fib support(2600 sats). As we stand, we are definitely bullish on this pair and can anticipate good price...