The Cup & Handle pattern in ALGO has broken out, and perfectly retested the rim-line. We could see some incredible price gains in the coming months. Good luck, and always use a stop-loss!
Hello, friends! 🫶Today I'm here with an interesting coin!😉 Algorand (ALGO) is a blockchain platform and cryptocurrency created to improve scalability, security, and decentralization in blockchain networks. Founded by Silvio Micali, a professor at the Massachusetts Institute of Technology (MIT), Algorand aims to provide high performance and fast transactions...
💎 Paradisers, let’s delve into the intriguing movement of #ALGOUSDT. Currently, it’s retracing and meticulously retesting a critical support level at $0.2162. This level holds immense importance, and its ability to transition from a retest to a firm support could be a bullish signal. 💎 After successfully breaking out of a descending channel, the price of #ALGO is...
Trade setup : Price remains in an Uptrend. We would be buyers on pullbacks near $0.25 support area, which is also near its up trendline, and could be an attractive swing entry in Uptrend, with +20% upside potential $0.30 near-term. Stop Loss (SL) level at $0.215. Trend : Downtrend on Short-Term basis and Uptrend on Medium- and Long-Term basis. Momentum is...
Trade setup : Price remains in an Uptrend. We would be buyers on pullbacks near $0.25 support area, which is also near its up trendline, and could be an attractive swing entry in Uptrend, with +20% upside potential $0.30 near-term. Stop Loss (SL) level at $0.22. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD...
ALGO has been doing very well the past month or so, and is looking to do even better here shortly. The current wave 5 is generally the most explosive, and largest gaining. Although, the price action looks like it could potentially drop closer to the lower trend line (white line). This line has held very well so far since this uptrend started, and the wave pattern...
The weekly logarithmic chart from Algorand reveals a textbook bullish Inverse Head and Shoulders pattern about to brake the neckline. Worth adding to your watchlist.
Trade setup : Price remains in an Uptrend. Following a failed break above $0.30 resistance, price is approaching $0.25 support area, which could be an attractive swing entry in Uptrend, with +20% upside potential $0.30 near-term. Stop Loss (SL) level at $0.22. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD...
Trade setup : Price remains in an Uptrend. Following a failed break above $0.30 resistance, price is approaching $0.20 support area, which could be an attractive swing entry in Uptrend, with +25% upside potential to $0.25 near-term and +50% to $0.30 mid-term. Stop Loss (SL) level at $0.18. Trend : Neutral on Short-Term basis and Uptrend on Medium- and Long-Term...
ALGO is set up for what I think is going to be an EXPLOSIVE move to the upside. After the cup & handle breakout I predicted came to pass, and a nice retest of the rim-line, which just occurred, I think we are about to experience an EXPLOSIVE Wave 5 to the upside. Buckle up! Good luck, and always use a stop-loss!
BINANCE:ALGOUSDT Lets take a look on D timeframe for Algo Possible Targets and explanation idea ➡️Local fib we perfectly touched -0.18 lvl and would be good to test green block again ➡️Like usual we got many variations of price movements but I marked 2 ➡️Both of this price movement for continuation Up. ➡️Green - retest 27 block and continuation in...
Dear friends, Algorand has been in a downtrend for MANY MONTHS, it reached major support area of 0,09 cent. (ATTENTION, it still can FALL lower). Now Algorand seems to be establishing a BOTTOM. Bullish signs: Bullish divergence, volume increasing, major support zone, oversold territory. 2 things can happen now: Algorand slowly increases. Or Algorand makes new...
... why would bury trash and give it a tombstone? There is nothing worthy to put on the tombstone of trash shitcoin that died! Algorand is an extremely weak coin. It was over $2 in 2021 and is barely above $0.20 right now, while most other CHAD ALPHA COINS, such as Solana and Cardano, have multiple X'd from their bear market lows. Algorand has no development...
Logarithm. Time frame 1 day Main trend. Accumulation/distribution zones. Time frame 1 week. ALGO/USDT Main trend. Cycles. 07 2023 Secondary trend. All price drops from 2-year highs. ALGO/USDT Secondary trend. Wedge - trend. This local wedge breakout zone on the line chart.
ALGORAND: A loser scam shitcoin! Down 92% from its All-Time-High and the only major 2021 coin that has not pumped. Is Algorand going to $0.01? Here is why a 90% crash for Algorand is likely: 1. Still down 90%+ from its all-time-high despite incredibly strong market; 2. Failure to breakout from inverse head & shoulder, which means there is no momentum; 3. The...
The chart speaks volumes. There is 0 demand for this coin. I believe this coin will soon enter its bearish phase and head towards zero.
Trade setup : Following a bullish breakout from a Falling Wedge pattern, price resumed its Uptrend. It briefly broke above $0.30 resistance but failed stay above it as traders took profits. Pullback near $0.25 support area could be an attractive swing entry in Uptrend, with +20% upside potential to $0.30 near-term and +40% to $0.36 mid-term. Stop Loss (SL) level...
According to my autistic calculations Algorand will trade above $3 somewhere between june and october this year. I don't make the rules... NFA