Hello Traders! After finishing the downward movement, the price of ALGO returned to the zone of interest of buyers $0.695 - $0.890. It is possible to consider medium-term purchases in the range of $0.695 - $0.800. Price movement under $0.58 will be a trigger for closing the position. For a short-term trade it is better to wait for a breakdown of the...
Leading Expanding Diagonal (3-3-3-3-3) Rules: Wave 1 shorter than Wave 3 Wave 3 shorter than Wave 5 (sets 7$+ target for Wave 5) Wave 4 must overlap into Wave 1 territory Can overshoot or undershoot the top trendline Additional comments: Local bottoms seem to be equally spaced according to time cycles; Stochastic RSI is deeply oversold on all major timeframes...
Unbelievable. Look at xrp in 2017 From September 2016 till May 2017. Fractal is a bit out of place but still
- Green zone = weekly support - Touching 4H resistance - EMA crossover imminent We have to break the monthly open, which has confluence with our resistance zone. If we do, I'll enter a position on the retest.
Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
Algorand is long overdue a real bullrun. After completing an accumulation phase, followed by a distribution, followed by a reaccumulation phase, and a redistribution wyckoff event, what comes next is a complete mystery, but xrp skyrocketted after a similar pattern. That time xrp ballooned from half a cent to 45 cents by May of 2017. Recent glitches on...
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
BINANCE:ALGOUSDT ✅Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it. Thank you. Possible Targets ➡️Test fundamental price 1$ and global support trend line ➡️ Retest on D1 downtrend fib line ➡️ Retest 0.23 level FIB to make a continuation move UP ➡️ After retest...
m looking for a trend reversal for btc , so for algo
Algo is Ready to Fly Again.. Entry below 1.800 Targets. 1.9600 2.2000 2.5000 2.8000 3.2000. Stop loss :- 1.5900
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
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...
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
Waiting For Another Break. If Break Then You Can Trade.
ALGO seem to be breaking out of his triangle but i would stay cautious as long as we don't have a daily above 2.05$. If it does close above then the plan would be to buy any retest of 1.95$ and target 2.5$ as 1st TP which would be what i would play since MACD daily is turning bullish. If it close under then we would need to rethink the upper trendline of the...
VERY solid fundamentals on this one, long term price has been flowing in impulse moves upwards with consolidation flags in between. Price is currently in a squeezed flag and is testing our breakout area - need to see a 8h - 1 day break out of flag and resistance area - will want to have a Bollinger band beak - first take profit @ 1.618 fib extension level -...
there is 2 possible scenarios : Success break out the triangle and pump to target levels or breaks down the support at 1.7 and retest 1.6 and 1.25 My idea is uptrend scenario and waiting for good entry point after success break out