Seems to be breaking out. Demand zone filled. Lfg.
Momentum is really picking up here. You can see the parabolic rise starting to happen as it tests major resistance. Algo has taken this resistance level out once before and now it is re-testing it. If we breakout here, it's clear skies ahead!
Algo is going to retake her All time high again... She's still far away from final target, so, this might be a 5X to 10X profit opportunity...
Hello, traders! ALGO price is testing the upper bound of the consolidation range of $0.25 - $0.36 There are several triggers for trade entry: MA100 on 1D timeframe supports the price near $0.31 RSI on 1D timeframe in a bullish zone above 50 There's a positive buyers sentiment on the market Trader entry can be formed in the range of $0.31-0.36...
Hi As you can see in the chart, the price has broken a downward trendline and pullback. Besides, that price got supported on 0.618 Fibonacci and on an upward trendline. There is a visible bullish divergence. --------------------------------------------------- What is your opinion? Comment it below. If you like the idea, please hit the like button and subscribe to...
Algorand Analysis - 2 September
Algo is pretty well correlated with a few coins that have already PUMPED. I'm looking for Algo to find support before it pumps again, buying the dip has proven to be a pretty good strategy in this market so far. Let's see if I can find a false breakdown to get the ROI even better.
In fact, the AlGO is very technical, slowly but surely goes to its goals. Playing out important levels. Let’s see if it can achieve goals
Time to Pay Attention on it..Approaching neckline..If breakouts.Targeting 3600+ sats
Algo looking Very NIce at LTF,,,Looks ready for Breakout and a nice move Above.
After successful formation of bullish BAT now the Priceline of Algorand / US Dollar cryptocurrency is forming bullish Shark pattern and soon it will be entered in potential reversal zone. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. I have used Fibonacci sequence to set the targets: Buy between: 0.1998 to...
Algo is looking to make a bullish rebound. On two previous occasions we saw the price in a downward 12345 wave while the RSI was reversing during the same time and the OBV was bottoming. We may see a similar event soon with the current wave in the 5th wave and will test the diagonal support (most probably with a wick). The RSI and OBV are showing similar...
ALGO/BTC ALGO is on healthy pullback consolidating above support area 0.382 - 0.5 Fib. If ALGO can sustain this level of support in the coming days or weeks. There is a high probability to continue its uptrend again provided no red flags happen.
Priceline of Algorand / Bictoin has formed a bullish BAT pattern and entered in potential reversal zone. This PRZ area should be used as stop loss in case of complete candle stick closes below this area. I have used Fibonacci sequence to set the targets: Buy between: 0.00002770 to 0.00002703 Sell between: 0.00002931 to 0.00003172 Regards, Atif Akbar (moon333)
Priceline of Algorand / Bictoin has formed a bullish Cypher pattern and entered in potential reversal zone. This PRZ area should be used as stop loss. I have used Fibonacci sequence to set the targets: Buy between: 0.00003066 to 0.00003002 Sell between: 0.00003116 to 0.00003236 Regards, Atif Akbar (moon333)
Hello, my advice is to wait for the best R: R but that is upon you. My Setup Entry 0.506 SL 2%