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 $0.16 and this level is working as a support since Sep 2019.
Oversold on weekly time frame:
Weekly Stochastic is also...
Moment of truth for Algorand. Will it close above its recently re-gained trend line this week and this month? Above .30 with some sideways action would be ideal. Because if it does, it will have quite the bull run. If not, it may need to re-visit 14c and that would delay the structure. But so far so good!
Cheers!
Hi dear friends, hope you are well and welcome to the new trade setup of Algorand (ALGO) with US Dollar pair.
Previously we caught more than 25% pump of ALGO as below:
Now on a daily time frame, ALGO has formed a bullish Shark move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow...
Hi dear friends, hope you are well and welcome to the new trade setup of Algorand (ALGO).
Previously we caught more than 53% pump of ALGO as below:
Now a 4-hr time frame, ALGO has formed a bullish Shark pattern for another pump soon.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't...
Here's a quick look at ALGO 30 min chart. As we can see, the price has been forming a symmetrical triangle and we will see a breakout soon! Keep an eye on this setup!
The best entry would be when the price breaks above 0.302$ with a good amount of volume.
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The idea is: Buy when the price breaks above 0.302$ and take...
Here's a quick Look at ALGO 2 hr chart. As we can see, the price has been forming an inv. head and shoulder pattern and we could see a break above the neckline soon - It all depends on BTC! Also, World Cup starting this weekend - we should expect some movement from ALGO!
The best entry would be when the price breaks above 0.285$ with a good amount of volume. One...
$Algo golden cross formation is about to begin. I recommend you all to watch this coin, which has a potential of 600 percent and more, the first stop is 0.4 cents. don't miss it. Good trades, not investment advice.
Hello traders!
Welcome back to another episode with analyst Aadil1000x.
Algo is trending upward and the movement is the higher high formation and still, it will follow this formation and i am expecting more rise in Algo.
This rise will take Algo above 0.41. We are aiming for 0.41 which will give us +18% profit.
Thanks to the tradingview team for providing this...
* None of what i write here is not an investment advice. Please do your own research before investing in any digital asset.
* Never take my personal opinions as investment advice, you may lose your money.
Hello everybody
According to the chart you can see the price was done the cycle and now because of the distance of the price is a little far from static support line that we shown on chart (Yellow Box), We expect the price is coming to impact to the trendline support area then it can repeat the cycle and we are in the beginning of the cycle.
But if the price can...
Hello everyone !
Today the Black Cat Trader is analyzing ALGO based on a weekly chart.
What we can see :
Pitchfork : Prices are stuck under the intermediary lower line of the pitchfork
Pattern : Prices are building what seems to be a beautiful Cup and Handle pattern.
What we can expect :
- If ALGO manages to break the median line of the...
Welcome to this quick algo/usdt analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :- algo/usdt is the bullish falling wedge
Entry:- 1.76$, 1.77$
Traget:-
T1:-1.82$,
T2:- 1.85$,
T3:- 1.88$,
Stoploss:- 1.73$,
Sorry for my english it is not my native languages.
Do hit the like button if you...
Crypto space is starting to go bonkers and with this happening, it's wise to choose the strongest one
In my opinion, it's ALGO or Algorand.
Been watching this crypto for almost a month now and here's what I like about it:
*ALGO corrected and stabilized on the 50 Day MA while ETH and BTC on the 100 DAY MA, a sign of relative strength
*MACD Cross up, MACD +...
ALGO or Algorand has one of the stronger looking charts in the crypto space
With it's recent ascent from $1ish to $2.50ish, ALGO is currently undergoing some price correction
What's nice about its ongoing correction is the Volume Contraction Pattern (VCP) on its daily volume, a bullish sign.
The previous resistance that it broke, $1.80 ish, is now acting as...
