Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ALGO symbol. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Longing ALGO with a tight stop-loss. Or buy some spot for a safer option. Entry: 0.17x Sl: 0.16 Tp: 0.19
Hello, Today I will take a look at the ALGO / USDT pair on Binance in 4h timeframe. Algorand (ALGO) is today trading at $0.21, and we can see that it is in a downtrend (bearish momentum). According to historic price levels, the expected demand zone is at approximately $0.20. The supply zone is sitting around the price of $0.25. I can see that we are inside a...
Algo is setting up for a good long term hold. This project checks all the boxes when it comes to fundamentals, here is what could become of the asset over the next 3 years. Personally, I think it is a bit conservative but time will tell.
ALGORAND POSSIBLE TRADE SETUP Algo has been forming a BEAR FLAG. It broke out recently and now making a RISING WEDGE on the way to retesting the STL turned into RTL. Both the pattern is BEARISH. Ideal breakout targets are given in the chart. SL: 0.2308 or little bit over depending on your risk appetite. Non Financial advise. Trade at your own risk. Do your own...
Perhaps you think the worst of the bear market is over. If so, ALGO may be trading at values that are quite attractive for the long term holder or new to the ALGO coin. From the previous high in November around 45 cents, trading at 23 cents is almost 50% off. Drawing the fib retracement alongside the volume profile for ALGO going back to May of 2021, shows an...
Got news for you: ALGORAND's not the only altcoin trending in a RW pattern. There are many others. Upper shadows are long and deep above microtrend resistance, volume is relatively low on the upthrusts. Blood is in the forecast, but perhaps not before another bull trap rally. Don't get fooled by the FOMO. Stay safe! Be sure to subscribe for more clean, accurate,...
What awaits Crypto Market and Algorand. It's just the beginning, and we might indeed be in the end of a cycle and a beginning of new one. You can't be in Crypto for just a year or two. This is just the start of what expects this market in the future. “Beware the investment activity that produces applause; the great moves are usually greeted by yawns.” -...
We will see COINEX:ALGOUSDT pump soon . Please write your opinion
The Naga 2.0 NGC dumped to as low as half a cent and with less than 100 million supply, imagine how low Algo could go with a 10 billion coin supply back in the days Naga was being shilled by Tony Vays and Formula 1 of all people, twitter.com ah yes, the FIFA pump is coming twitter.com
Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (ALGOBTC 1W chart) In order to get the power to rise, it must be supported by rising in the range of 0.0000 1970 to 0.0000 2452. --------------------------------------- (ALGOUSDT 1W Chart) In...
BINANCE:ALGOUSDT Gartley Pattern Entry - 0.2269 Stop - 0.2112 Target 1 - 0.2573 Target 2 - 0.2800 Target 3 - 0.3130 Target 4 (Moon) - 0.3655
L I N E - W O R K : The foregoing, and more, populate my Object Tree, which is summarized as a separate item, below. Any line or drawing tool that I use frequently is saved as a color-coded template for rapid repetition. Fib Space - A concrete Leading Indicator comprising several overlapping Fibonacci Trend-Based Extensions and a Retracement or two. Rather...
This pattern supports long for this. Algo is looking good on all Time Frames too
we can see where algo went the last time it broke this trendline I expect nothing different this time enter on break and retest DYOR NFA
Hi guys, as i said always, trading is to find similarities in the past to forecast the future with more confidence. In ALGO i saw this, so i'll wait a new low to try a long position if the market will be more stable. Maybe tomorrow the market will explode and we won't see a new low, but we can't know. Let's see.
The threat of global economic crisis and recession is no longer a possibility, but a reality. Therefore, in a few months, decreases will continue in coins, especially ALGO. There is still the possibility of a dead cat bounce in the short term and then it is highly possible to pull back to 0.17$ support and get a reaction. It is best to wait for the 0.11$ ...