Algo is on the verge of breakout, nice long opportunity once it breaks the neckline.
Also set some Buy orders near the Trendline Remember no more than 5% of the deposit in one trade SL: next sell signa
WHY YOU SHOULD BUY ALGO FOR LONG TERM?
HIDDEN GEM ALGO CHART ANALYSIS 6/3/21
I was asked to publish a chart about ALGO. This coin is following Bitcoin, just like the other coins... so any forecast about it can be ruined by bitcoin because -BTC is close to a big resistance right now and can cause a crash-. But about ALGO: This coin hasn't been on the top charts of Binance for a while now and it's been doing a good consolidation. A few...
I continue to hold the long position of the ALGO coin. Plus I bought some more. I plan to sell it when it grows 4-5 times.
Hello Investors and Traders, Bitcoin is essentially moving up slowly setting in March high. This mean alts will get a chance to run up. Algo just broke a clear resistance on the 4H and the downtrend line as well. I am looking for Algo to retest 1.40 and higher with this move up. Let me know what you think.
ALGOUSDT (4H CHART) Technical Analysis Update ALGO/USDT currently trading at $1.20 Buy-level: Above 1.21 (only if 4-hour candle closes above the resistance line at 1.21$) Stop loss: below $0.89 Target 1: $1.50 Target 2: $1.77 Max Leverage: 2X ALWAYS KEEP STOP LOSS... Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and...
ANALYSIS 🔎 - ALGOUSDT brokeout above descending trendline resistance. - Price action is printing an ascending triangle pattern. - This is a bullish build up pattern. - There's a breakout potential. BUY ENTRY ⬆️ - Breakout above the ascending triangle's horizontal resistance. TARGETS 🎯 - Horizontal resistance level (R1). - Horizontal resistance level (R2)....
I feel like this is the last chance you have to load up on Algo before it takes off out of this pattern to revisit the all time high around $1.85. Huge gains here! -= Happy trades and good luck! =- *This is not trading advice
Reason why Algo is good investment. It's giving a 6% interest rate of what you invest one of the highest interest rate. XTZ also give you a interest rate of 4.6% which started before Algo and hit to $5.60 per share. ALGO will surpass XTZ quickly as XTZ is currently only $3.60 Target over $5 dollars in the long term. Follow for more analysis.
inverse head and shoulders at the bottom of a .618 retrace... jumped the creek backtested several times now super easy stop loss...
Algo has broken downtrend, if this springboards algo up we could see it retesting previous highs with potential for 70% gains. I have opened a trade at this point If algo fails this move up we could be looking at a drop down to 70cents. Algo is a fantastic project with a lot of potential and one of my favourite coins to trade. This is not financial...
Which side will ALGO break to? We can only compress for so long! Upside: If we break to the upside we need to clear $1.37 for a nice slingshot up Downside: More consolidation ranging between $.75- $1.02 aka BTFD
Not yet seeing higher highs, but at least higher lows. Bulls already tried to break out of the downtrend (red line), but got rejected - third attempt could possibly be successful now. While breaking the downtrend (red) we are also facing to break the 0.236 FIB between all-time high (1) and most recent low (0) which led to an upward-movement since February 23rd...