We waited ALGO for a while. This coin is really undervalued (like XLM, IOTA and XRP). really nice move since BTC correction. We expect a fibonacci retracement on the 0.618 level, which is the most important FIB level for a healthy growth. From this point, we open a big long and use this retraceemnt as new strong support. ALGO is big and was a sleeping giant for a...
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
It seems that ALGOUSDT is retesting its broken level and I expect it to continue its bullish move. See also:
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...
as you can see , Algorand has made a huge cup and handle pattern , the handle has been made . Don't forget that it's just an analysis. so there is no "guarantee" for it to rise.
ALGO made a new high even after a BTC sell off Made a triple bottom as well Showing great relative strength Retest of previous highs can be a decent entry
Algorand keeps doing great, with the El Salvador Launching Government Blockchain Infrastructure on Algorand This Year As you had been informed here before, The country has signed an agreement with Latin American asset tokenization company Koibanx to allow official records to be hosted on the blockchain. El Salvador’s government has signed an agreement with...
One more concurent of Polkadot, Solana and Luna. 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 effective applications in the real world. Algorand will support computations that require reliable...
ALGO is lagend now. i published the previous idea at $1.18 and now it is $1.69. we completed a tea-cup formation and already made %45 profit. Is it end? There is a another huge tea-cup formation. If we can break out the $1.80 resistance, I will be bearish till $3.5, %96 profit. But be careful and don't forget stop-loss Dont lose your hard-earn money easily.
Massive dip today, probably well orchestrated too with billions of dollars lost in liquidations. Let's take a step back and see how our levels works. Look at our previous ideas below for comparison. No love today, the FXPROFESSOR
The ALGO is going on its way. Keep going son. See also:
The breakout is done on ALGOBTC and we expect higher levels in the next weeks. See also:
After breakout event in ALGOBTC chart (please see the following link), it seems that ALGOUSDT is preparing to reach targets higher than $4 by the end of the year.
Events: El Salvador to Launch Government Blockchain Infrastructure on Algorand This Year The country has signed an agreement with Latin American asset tokenization company Koibanx to allow official records to be hosted on the blockchain. El Salvador’s government has signed an agreement with Koibanx, a Latin American asset tokenization and blockchain financial...
In this analysis we will be going over algorand flag pattern that could potentially be breaking ALGO out of the larger descending triangle . Algo has recently triple bottomed, is currently forming a bull flag and is looking to jump out of a descending triangle . If the top of the bull flag resistance line is popped the price action will head upward the same...
So far EW count on Algorand looks reasonable. Wave 5 could be extended, since wave 3 was not. Let's see how this plays out. Please remember, that alternative cryptocurrencies (altcoins) are depending heavily on Bitcoin.
This will be our Alkaline Free Crypto Portfolio. This portfolio will be held for the long term, so you must manage your capital to deal with potential dips in the crypto market. We will not provide every entry in one post, as we believe in the power of dollar-cost averaging. Leverage is not allowed, this portfolio must be followed by a Spot wallet. Our analysis...