Trade idea for Algorand. Broke downtrend and found support level at .2870. COINBASE:ALGOUSD Target 1: 41 cents Target 2: 52 cents Target 3: 77 cents
ALGOUSDT (4H CHART) Technical Analysis Update Resistance Breakout ALG0/USDT currently trading at $0.320 LONG ENTRY LEVEL: After resistance Breakout in 4-hour chart (only enter long after 4-hour candle close above the resistance level at 0.320$ STOP LOSS ( support): Below 0.2940$ Target: $0.400 Max Leverage: 4X ALWAYS KEEP STOP LOSS... Follow our...
ALGO just broke out of a Falling Wedge pattern and is ready to make a big move in the near term. The uptrend will be fully confirmed if ALGO can close a 1D candle above the 0.3$ zone. 📈BUY- LONG -Buy close to 0.25-0.26$, SL if B -Buy more: 0.3-0.315$ if A, SL if B 📉SELL-SHORT -Sell: 0.4-0.42$, SL if A -Sell: 0.5-0.525$, SL if A -Sell: 0.6-0.63$, SL if...
ALGO/USDT currently trading at $0.29 LONG ENTRY LEVEL :$ 0.27 to 3.0 STOP LOSS ( support): Below $0.245 Resistance level 1(Target) : $0.35 Resistance Level 2(Target): $0.44 Resistance Level 3(Target): $0.66 Risk Reward Ratio : 1:9 Max Leverage: 10X ALWAYS KEEP STOP LOSS...
Looks like ALGO is bottoming. It appears to be breaking above the down-sloping trend line. Now it needs to overcome the resistance and clear $0.30. With Ethereum breaking above $500, alts may start to pop again. Keep an eye on this one
Token Sale: 19 Jun – 19 Jun Ticker: ALGO Token type: Own wallet ICO Token Price: 1 ALGO = 2.4 USD Price: Max 10 USD; Min 0.1 USD Per Token Current Valuation: $439,682,763 USD Central Dollars Projected Valuation: $9,000,000,000 USD Central Dollars Algorand: the only decentralized, secure and scalable solution to the blockchain trilemma out of 6000+ dubious...
At D1, the price has broken the downtrend line. An initial growth impulse was formed. On H4, the price is forming a local correction, which can take the form of a Zagzag. It is highly likely that the price will test the 76.4% Fibonacci correction level, where the RSI reaches the oversold level. We recommend taking a long when the price reaches the $ 0.24 level...
ALGO/BTC formed a falling wedge Break out and tested Interesting formation in candlestick analysis Best regards EXCAVO
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1.- best possible buying area for algorand. 2.- possible stop volume 3.- my target 1.20 to 1.30 4.- estimated date for target: February 2021 5.- profit to expect + 486% ----- good luck ----
*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. You should always do your own due diligence before trading or investing. *Follow me for the latest cryptocurrency analyses on my watchlist *Thank you to those who donated, I very much appreciate it. *Let me know in the comment section if you...
Looking at today's candle as a potential buy signal IF AND ONLY IF it closes near its high. If it does, a buy above the candle is reasonable. Setup invalidated if either of the following happens: market pulls back significantly before closing, market trades below 0.2767 (red line), or if market creates a lower low (below support level around 0.2626). Warning:...
💎Technical Analysis Summary💎 BINANCE: ALGOBTC -Algorand is back trading around the key level of support -Well, this is still good because the Bull defended this zone again -But the fight is not yet over until the downward trendline is broken upward -Yes, you can buy at key level but tight stop loss -Or, wait for the trendline breakout to confirm that the trend...
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If this can break and hold .357.... GAME ON!!!!! A lot of ALTS are looking like this right now... get your tether ready :). Good luck y’all!