Retrace from a high Head and Shoulders pattern can be seen in the middle of the expanding structure (a,b,c) Using the fib circles still to find resistance and support areas (resistance areas in red, support in green)
Also set some Buy orders near the Trendline Remember no more than 5% of the deposit in one trade SL: next sell signal
We have powerful support zone but green horizontal line can be achieved with less than 6% probability. Nice target for HODLing and investing.
ALGO has been swept the Previous Range Low. now it looks ready to fly. Here also 200MA is acted as a support, which is a good sign for a bullish trend. Remember ...You should have a plan before trading and expect everything Don't trade what you can't afford to lose. Best Wishes !!
ALGO has been overall bearish for a while, trading inside our blue channel but since it is approaching a strong demand/support zone we will be looking for buy setups. But before we buy, we want the buyers to prove that they are taking over again. (you don't want to buy a bearish market right?) Our upper blue trendline is not valid yet, as it only connects...
ANALYSIS 🔎 - ALGOUSDT brokeout above the inverse head and shoulders neckline resistance as expected from my previous analysis. - Price hit a swing high (1.84 USDT) and retraced. - Price is retesting the neckline resistance (flip horizontal support) and key fibonacci retracement levels (0.5 - 0.618 - 0.786). - There's a relatively high concentration of buyers at...
Also set some Buy orders near the Trendline Remember no more than 5% of the deposit in one trade SL: next sell signal
Note: Above idea is for educational purpose only.
hey guys i took a little vacation and i didn't know how many and how much people loved and wanted more , i know its millions of traders and we all like to see like minded people stories of success and thoughts for future profits , i love teaching independence its freedom in trading & financially . thanks for all the love , im trying to send it back a million times...
ALGO is moving sideways around $1.4 zone and this zone is a good support zone that can help ALGO rally in the near term to $1.6 and $2.2 or higher. If ALGO fails to hold $1.4 zone, $1.2 zone is still a good support zone of ALGO 📈BUY -Buy: 1.35-1.4$. SL if B 📉SELL -Sell: 1.6-1.65$. SL if A -Sell: 2.2-2.3$. SL if A ♻️BACK-UP -Buy: 1.175-1.225$. SL if...
ANALYSIS 🔎 - ALGOUSDT is consolidating in a pennant chart pattern. - A pennant chart pattern is a trend continuation pattern, a bullish one in this case. - There's a breakout potential. BUY ENTRY ⬆️ - Aggressive entry (risky) : market price (now). - Conservative entry : breakout above the pennant pattern's inclined resistance. TARGETS 🎯 - Horizontal resistance...
BINANCE:ALGOUSDT Hello everyone 😃 ALGO had a breakout on Bearish Trendline.. Now MA 50 is below movement and it could be a good support for ALGO ! We expect a continuation until 2$. ( IF BTC CONTINUES PUMP OR BEING NEUTRAL ) Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
#ALGO/USDT TA Update:- $ALGO currently trading at $1.35 And This is good entry point for short term. If dip I will buy more. Entry:- $1.25-$1.36 Targets:- $1.53/$1.73/$2.21 If break out upward this bullish Pennant then I can expect next Target can be $2.5 Please click LIKE button and Appreciate my hard work. Must follow me for latest crypto real time...
ALGOUSDT (4H CHART) Technical Analysis Update ALGO/USDT currently trading at $1.44 Buy-level: $1.30 to 1.42 (Wait for the small retracement) Stop loss: below $1.18 Target 1: $1.75 Target 2: $2.00 Max Leverage: 2X ALWAYS KEEP STOP LOSS... Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
ALGO / USD TA
#ALGO/USD TA Update:- $ALGO currently trading at $1.37 And this is good entry point for short term. Entry:- $1.20-$1.40 Targets:- $1.55/$1.71/$2.11 If break out upward this bullish Pennant then I can expect next Target can be $2.11 Please click LIKE button and Appreciate my hard work. Must follow me for latest crypto real time updates. Thank you.