ALGO is in support zone again. I think we accumulate here for a few weeks and see another run up. Ultimate plan is we hit those upper fibs before some kind of retracement back down.
it seems that this Crypto has done its retracement and now preparing for impulse wave there total of 2 TPs 1 TP seems to be very viable
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
$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,...
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...
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 )...
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.
After weeks of consolidation and a confirmation of a breakout on the top trend line in a symmetrical triangle... Along with upwards momentum shown below on the MACD I believe the next week will be very bullish for $ALGO. Even a retest of 2.50$ ATH price level is within reason. Additionally "Governance" on Algorand's blockchain currently has 1.88 billion $ALGO...
Algorand is showing several Bullish signals, with an impending uptrend to $2.00 and beyond. The R.S.I is showing divergence ! Charts patterns: falling wedge (blue triangle) with a rounding bottom (red arched line). Rounding top (yellow arched line) resistance at $1.88-$1.93. *Price followed the copied Bars pattern (purple bars) from previous prediction...
ALGO is an interesting asset to trade on. It has broken many resistance and seen sharp uptrends in recent times. In my chart, I have a forecast showing how ALGORAND will break the 2.1997 resistance in it's next bull.
Despite all the China FUD, ALGO or Algorand has held up pretty strong. Bullish Indicators in favor of ALGO: Volume Contraction Pattern MACD Positive (despite the recent crypto sell off) 50 DAY EMA as support Relative Strength vs the entire crypto market Stochs at Oversold levels Strategy: Buy below $2.00 Cut price $1.40 There might be more upcoming...
so guys as you see , it's the end of the 5th wave for ALGO , our target is between 3.35 - 3.55. after that we are gonna have a correction which Imma keep y'all updated . don't forget the 3 important things , like , comment , follow. see y'all in the next idea.
ALGOUSDT (DAY CHART) Technical Analysis Update Major resistance Breakout ALGO/USDT currently trading at $2.18 Buy-level: $2.00 - $2.20 TP 1: $2.50 TP 2: $3.00 TP 3: $3.50 TP 4: $4.00 Max Leverage: 1x or Buy it on spot Martket ALWAYS KEEP STOP LOSS... Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
ALGO/USDT short term price action prediction. Next impulse wave could start around $1.80 mark. Planning to set my limit buy around $1.65-$1.80 for a nice swing trade. Comment below your thoughts.
ALGOUSDT (Day Chart) Technical analysis Major Resistance breakout ALGO/USDT (Day Chart) Currently trading at $2.05 Buy level : $1.85 - $2.00 Stop loss: Below $1.68 TP1: $2.40 TP2: $2.80 TP3: $3.50 Max Leverage 1x or buy it on the spot market Always Keep Stop loss
Our main selection from last week (the other one was AVALANCHE) is doing well, very well. Despite Bitcoin's struggle to rise, ALGORAND is rising and outpacing the others. Will this continue? Most likely yes as you can see on our charts. Let's go ALGO! One Love, the FXPROFESSOR
The last time we analyzed the Algousdt pair was back in February, but if you look at its performance and read the description... you'll see quite a precise realization of the idea. Today let's refresh our thoughts a little, after all, it's been half a year) In recent days, the Algousd chart has recorded abnormally high trading volumes. Importantly, these...