Another classic setup on ALGO. Break - Retest - Go. We have see a break of the major trendline, a successful retest, and we can now expect a pump till the resistance zone i marked in the previous update. Let's see
Algorand is approaching an important trendline, and considering the actual strength of the market, there good chances it will go broken. I placed stoploss below recent accumulation zone, and my first target 0.18, the first resistance zone on daily timeframe. If we can manage to break up this level, 0.20 could be next
On the chart, it seems that a bearish triangle is being completed. We are approaching the end of this triangle. The expectation is to have a pullback to the red range and then move down. I specified the targets on the chart. Closing a daily candle above the red range will violate the analysis For risk management, please don't forget stop loss and capital...
We can see here how algo’s current daily candle is confidentially above the purple channel’s top trendline and currently seeing a bullish impulse. If it validates the breakout at this spot the target is around 39 cents. *not financial advice*
2 Consecutive Bullish Months in a row suggest buyers stepping in from the Lows created during Covid Crash at .0976. This crypto offers great Risk/reward back to All time highs at 3$. Catching 1/10 of that move would be great RR
❤️❤️Thanks for boosting 🚀 and supporting us! 📈for againe buy price to back to breakeven. 📊 (Entry) : 0.2136 🔴 Stop Loss : 0.2001 🎯 Take Profit : 0.2231-0.2335-0.2423 🔗 For more communication with us, In the footnote and send a message in TradingView. 👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially...
Is ALGO finally looking to break to the upside for the first time in 2024? its looking promising! A critical level for ALGO is around $.30 and I think we might be making a slow journey in that direction. Trading the breakout pull back continuation pattern to confirm direction and volume.
In higher time frames we see a strong bullish trend. Now the price is slowly approaching the POI range. This range initiated the move that caused the previous ceiling BOS, so it is important to us. By maintaining the green range, it can collect the liquidity pool that I specified above with the $$$ sign. For risk management, please don't forget stop loss and...
Hi Traders, Investors and Speculators of Charts📈📉 ALGO has recently increased 67%... but this isn't the end for Algorand! The recent increase is just the first step towards reclaiming previous highs and as pointed out on the cart, there is still lots of upside potential for growth. A few potential major bounce zones are highlighted on the chart - it may take...
I expect #algo to be pumped at least to the green target Entry : 0.1369 Target : 0.23
Algorand has perfectly followed my drawing. It's now sittig on major support, it need to hold to resume the pump
I am waiting for Algorand to broke up the short-term resistance to enter for a scalp long till 0.21. It looks strong enough and momentum is good
I can see a big opportunity on Algorand. We are in a strong uptrend, there's a good bullish ascending triangle with a 18% move. If we set this 18% move as target, we can see it at 0.17. It's a good 30% from actual price, on spot... Imagine on features
Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (ALGOUSDT chart) The key is whether the price can be maintained above 0.1093 and rise above 0.1718. (1W chart) In order to escape from the bottom section, the price must rise above 0.1718 and...
I was wrong on my prevoius idea, it wass maybe too early for ALGO to fly. But the hot zone i marked as resistance and support has worked nicely. We are back to resistance and i think Algorand has enough strength to flip it to support and fly high in the mid term. 0.2 is my target before end of the year
Updating my long position on ALGORAND. So far so good, that's what i want to see to continue the good uptrend. In daily TF we are in strong bull trend. Big support (big rectangle) and small resistance to breake.
Algo looks very undervalued from here. Hit Covid lowest level Clearly formed a bottom cycle