Coinbasepro: MATICUSD 4 hr chart Matic is poised for continuation after breaking symmetrical triangle on the 4hr chart. - Mac D indicates buying pressure is increasing. - The Rsi has broke the downtrend, currently in a bullish reversal. Profit Targets: TP 1- $2.09 TP 2- $2.25 TP 3- $2.40 stop loss- $1.60
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.
$ALGO Algorand Looking Higher Little pull back to climb higher. If red lines and the range (yellow lines) breaks the idea failed. DYOR.
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-$1.93. *Price followed the copied Bars pattern (purple bars) from previous prediction...
Massive Cup and Handle on Total 2 Marketcap excluding Bitcoin. Algorand is right there. Watch out for Bitcoin dominance around 47%, best time to buy upon rejection from there.
if price can break out dynamic and static resistance line the ALGOUSDT can touch the new ATH
SNIPER STRATEGY (new version) It works ALMOST ON ANY CHART. It produces Weak, Medium and Strong signals based on consisting elements. NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear. TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON...
I bet you ALGO will pull an XTZ on us. XTZ is only bag I held. Solid uptrend oooffta
Nice profit incoming, breackout, price holds on 200 EMA on 4H and can move up. My Long-term target 3 - 3.2$
It is very, very beautiful. All the coins were formed in cups and handles. It is very interesting Algorand smart contracts are getting a performance boost. On Wednesday, the company behind the proof-of-stake blockchain released a back-end upgrade to increase the computing power of Algorand-based applications. Algorand Virtual Machine (AVM) will also make it...
ALGO/USDT price trend forecast , leave your opinion in a comment .
After the high above 2.5 from 13 September, AlgoUsd has started to correct lower and now is trading in a congesting range resembling a symmetrical triangle. Levels to watch are 1.9 zone, with a break here exposing 2.5 high and 1.68 for a bearish move with a target at 1.25 support
*********************************** Price :1.89 USDT Resistance: 1.9- 1.95 TP_LVL I: 2.06- 2.15 USDT TP_LVL II: 2.36- 2.5 USDT TP_LVL II: 3- 3.1 USDT SL: 1.5 USDT ***********************************
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.
Scalping off Algorand. Took my position at $1.90, planning to sell around $2.05-$2.10