I have drawn up some Fib circle describing a bullish move to a spot that has been a previous trend rejection point (red ovals) Price comparison points can be drawn between the green ovals Major trendline in bold white line The Cup and Handle pattern is an addition that supports the bull idea
It has grown to abc so far and is expected to drop or correct three downward waves
Algorand is formally a public blockchain but sharpened to corporate culture for commercial use. It is headed by MIT professor Silvio Micali. He is a good acquaintance of Harry Gensler (current head of the SEC). There is a possibility that only Ethereum and Algorand will be popular in a few years. Many other blockchains will simply occupy a small niche for their...
$ALGO has been lagging behind in price action lately, after a pullback from it ATH of $2.50 level. A symmetric wedge is currently forming on the daily chart, and with Bitcoin being pumped about 15-20% since last week, it time for money to enter alts. With excellent technology and fundamentals $ALGO is comparable to the likes of $ADA (Cardano) which currently...
Have been a big fan of Algorand here lately. Hard to find the channel, it's subject to change. However if it were to stay in this current channel then outlook for the next few years looks promising and a good buy and hold coin.
Good accumulation in the 15 min chart, if the price doesn't break the support we'll have a good bull run
BINANCE:ALGOUSDT Look at this cup and handle pattern forming since June 2019. This is perfect TA pattern which give us potential move upside to 5.50 (1.618 Fib) Also we just trade exactly on 0.5 level FIB in monthly timeframe . In local timeframe we have a higher low and lower hight so we are forming triangle with potential upside break out. Target of this...
$ALGO ON TRACK WITH OUR TARGET AREA OF VALUES 11.18.21 1422H +8 SINGAPORE Disclaimer: The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice. ALERT: VITAL SIGN A-OK, WE WILL FINISH THIS SWING. The Market has amazingly moved along the TOPS and BOTTOMS of our BOXES,...
Yesterday we saw a massive wick spike for Algorand. Huge buy support that is only now just starting to cool off. Great project and a good buy, expect to see more great prices from ALGO.
21Shares Announces Listing of Polygon, Avalanche and Algorand crypto ETP on SIX Swiss Exchange Algorand price soared over 50% to new two-year high Algorand (ALGO) — the native cryptocurrency of the Algorand blockchain — soared 50% from just under US$1.70 noon Asia time today to a new two-year high of US$2.66, according to CoinGecko data. But the surge was...
Algo ready to new ATH not a shadow in seconds its real and 3$ is coming
This is just proof that my strategy always works! Just look at this wow trading zone!
Everyone in crypto knows #Algorand: strong fundamentals, good community, high trading volume... Now that we are talking #algousdt has broken a triangle upside. If you go back and look at the chart, you see a huge cup&handle pattern which is also broken upside. Everything suggest buy. I'm telling you; this is gonna be huge . #full_send #algo #todamoon REMEMBER:...
I’m buying on the 1.59. Approx 1000 dollars and staking for 60 days with a 9.47% apr - I suggest you do the same. No analysis I’m just telling you what to do. Don’t take my word for it dyor
Both fundamentally strong projects that got overvalued at the top of a bull run. Both dumped more than 90% since launch. ICP seems to have much more strength as can be seen from the first bounce to 0.382 fib retracement.
Algorand is a blockchain Pure Proof of Stake based. Entry price: 1.519 Take profit_1: 2.061 Take profit_2: 2.531 Stop loss: 1.138 Position: LONG The RSI indicator is into oversold area.
Multi-month support level on Algorand was held during today's dump. After the bears couldt broke through the level, bounce will likely continue and reach the resistance level at 2.4$
Algorand was showing the strongest type of structure prior to the sell-off in crypto throughout todays Asian-Session. Considering this neutral pennant has held, and that price does not fall below 1st support at 1.70 USD then ALGO looks clear to re-test the top of the wedge around 2.30USD, 2nd Resistance. Bitcoin must hold above 60K USD for this trade idea to...