Updated. Publishing for myself to see if that broadening wedge bottom textbook plays out or not. ALGOBTC is in descending channel (red) and in broadening wedge bottom (yellow) both.
Hello guys, we are moving in a triangle pattern. The best time to buy is when leaving the pattern. #signal #ALGO #ALGOUSDT Spot( Midterm)🌟 Enter : 1.9$ Target : 2$ Target : 2.09$ Target : 2.3$ Target : 2.4$ Target : 2.9$ Stop loss :1.74$ Daily Close In : 1.74$
Algo will push soon. There is a bigger move incoming. Daily looks strong
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...
ALGO is consolidating in the bull flag and is ready to move. Watch for the breakout and hold on to it for big move to our target.
Algorand is making a cup and handle pattern, the green horizontal line is the stop loss. TP 1: $1.9671 TP 2: $1.9993 TP 3: $2.0316 This is not financial advice, happy trading.
ALGO has been moving sideways lately but now it's ready to go up again. If you don't know what is ALGO here's some information i copied xD What Is Algorand (ALGO)? Algorand is a self-sustaining, decentralized, blockchain-based network that supports a wide range of applications. These systems are secure, scalable and efficient, all critical properties for...
Algorand is still trading sideways after forming a Large Bull Flag Pattern (blue triangle) after seeing an increase of 187%. ALGO is now stuck in the green rectangle ( resistance zone ). Breakout expected to the upside, with a price target of $2.49-2.60 per Algo. The relative strength index was also trending down (during the formation of the Bull Flag )...
update from entry earlier testing this chart channel could see upside imo
ALGOUSDT current support and resistance areas and trend lines. Looks like it is in uptrend channel on a daily chart.
Check out the 5 Minute Chart for a more detailed view. But the Handle on the Monthly chart is looking extremely bullish overall which make this a good area to load up and scalp a profit on the anticipated breakout to the upside of the Handle. Question is will the ceiling become the floor or will it rally and then retrace the breakout level...?
Algorand is stuck in a sideways trading pattern (orange rectangle) after forming a large bull flag pattern (blue triangle), which formed after a rise of 187%. Support at $1.70, which is also the retracement line 78% (if fib. was started from $1.56). expected touch on the bottom of the orange rectangle, with price breaking out of the sideways trading unknown....
I don't know if ALGO will hold within this corridor or not, but I do know that ALGO is just getting started and is showing a ton of support signs. Currently, ALGO looks like it's forming a bullish pennant on the daily charts.
Algorand : The Bull Run of Q4 (3X) Target Price EoY: 4.5-6.5$ Resistance R: 2, 2.56(ATH)
ALGO has given a fake break out signal over the last days, as stated in my previous idea this was a possibility, since markets never gives you what you want straight away. Plan doesn't change, I'm adjusting the possible timeline for ALGO to remain in it's triangle while BTC will be consolidating. I would see anything at or under 1.65$ to be a big buy...
Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (ALGOUSD 1W Chart) - Mid-Long-Term Perspective Above 0.76754798 point: uptrend expected to continue (1D chart) First resistance section: near point 2.30117362 Second resistance section:...
This analysis is a check of the chart in a Daily time frame and everything is clear on the chart and does not need additional explanation ... However, if you have any questions, feel free to ask . ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @Ar_M_An_4 📅 26.Oct.2021 ⚠️(DYOR)
#ALGOUSDT 4H Chart SIGNAL by CryptolernersBD ♻️ HEY, Guy's. Algo Creating A Triangle Chart Pattern. Now We Need To Wait For Breakout. Algo Currently Above The Previous All Time High. Keep It In Your Watch List. We Will Buy If Price Close Above The Trend Line Resistance & Also Above $1.86. And Our Stop-Loss Will Be 4H Candle Closing Below $1.70. SO WAIT FOR...