Algo next move detailed... not yet long setupI expect market to be bearish next days, because of BTC dump...
We have formed a channel, now we are @ top line and also EMA200 on 4H 6H 8H charts
Very possible to drop until fib 0.718, previous big support and also bottom of the channel 0.24 area
From there is will be best long setup until 1$ - 2$
Algorand is a very very very good project, is a game changer for blockchain but market will be one time shake-out before we have a nice BTC bullrun until 13-14k
Cheers !!!
ALGOBTC
MAKING THE MOST OUT OF A DIP — 100DAYS OF TA, DAY 75Time Frame: Daily, 4Hour, and Hourly
Hi guys,
Welcome back! Day 75 of the 100 Days of TA is here! Today's spotlight is on ALGO (ALGOBTC). I talked about how we can make the most out of the current dip. It's more like a continuation of the ALGO video I posted a few days ago
Have fun watching today's video! If you think there's something I should add or maybe there's any coin you have your eyes on? You can drop in the comment section.
Always remember that this is Technical Analysis and it's a game of probabilities.
Thanks for coming today!
See you tomorrow!
ALGO/BITCOIN ABOUT TO DO ITS THING? — 100DAYS OF TA, DAY 73Time Frame: Daily, 4Hour, and Hourly
Hi guys,
Welcome back! Day 73 of the 100 Days of TA is here! Today's spotlight is on ALGORAND (ALGOBTC). I talked about the next direction of ALGORAND and the whys. I showed some setups here, what usually happens and what would happen.
Have fun watching today's video! If you think there's something I should add or maybe there's any coin you have your eyes on? You can drop in the comment section.
Always remember that this is Technical Analysis and it's a game of probabilities.
Thanks for coming today!
See you tomorrow!
ALGO seems programmed to hit 0.5 before new highsDisclaimer: This is not financial advice
High leverage trading is all about entries, you need to have patience and to not let fear of missing out drive you into opening rushed positions. Map out your trades in advance and wait for the right entry. Our aim is to capture quick & safe profits, not to predict the future, this is possible only if we plan ahead and wait for a good entry. So if you're nervous and itching to open a position then take a few deep breaths and don't trade!
ALGO is overall bullish, but if this descending triangle is going to be completed then we should see it test the lower trendline of the triangle which would put the price around 0.5. This pretty much sums up my short term outlook of ALGO and is confirmed also by the algobtc chart where price is testing resistance.
Entry: 0.635-065 SL1: 0.65 TP1: 0.51
ALGO.USDT and BTC (Y20.P3.E2).One of the good onesHi All,
When you look at ALGO amongst many to chose from, it has potential to give back x2 or x3 returns however it requires to pass the pullback test.
> Requirement > If BTC holds current level (unlikely but possible). Lets say it does then Algorand (ALGO), looking at the Weekly chart, must hold of the weekly support of $0.57
With the ALGO/BTC pairing goes below 4224 sats then its likely to continue down but if it holds then ALGO can perform well in the coming weeks.
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Note: At the moment the weekly USDT is bouncing below but holding the daily USDT chart $0.57.
RISK: BTC has dropped but is back above 11500. It needs to hold otherwise the above scenario is invalid.
Please give me a like or tick for this post.
Cheers,
S.Sari
ALGO.BTC close up
ALGO. USDT overview
ALGO.BTC overview






















