Yello, Paradisers! Are we on the brink of a breakout, or could the bulls be about to lose their steam? Let's break down the current situation and find out where BINANCE:ALGOUSDT is heading next. 💎#ALGOUSDT has been tracking a symmetrical triangle pattern, signaling a high probability of an upcoming breakout. Right now, the price is gaining momentum at the...
#ALGO The price is moving in a descending channel on the 4-hour frame and is sticking to it well We have a bounce from the lower limit of the descending channel and we are now touching this support at a price of 0.1186 We have an upward trend on the RSI indicator that is about to be broken, which supports the rise We have a trend to stabilize above the moving...
ALGOUSDT 1H - TRIANGULAR Zone If you like my AT, and you agree with the approaches, please FOLLOW ME and press BOOST so we can share it with more people. We are working on an automated Trading tool so that everyone can apply their strategies VISUALLY and PROFESSIONALLY, as we present in the analysis. Thank...
Algorand middle term targets BINANCE:ALGOUSDT Possible Targets and explanation idea ➡️We already sweep covid historical march 2020 low ➡️On a W tf we can see money inflow based on my Money Power indicator ➡️Perfect scenario with test of Buy line of my Take Profit indicator ➡️Target will be break out of downtrend line and test with full fill around 0.53$...
The crypto markets as a whole have taken quite a beating in the past week but appear to be getting close to forming a bottom. ALGO is showing signs that a rejection off the FVG (Fair Value Gap) currently presenting above the current price on the daily chart could signal a further 15% to 16% drop in the coming weeks. Good luck, and always use a stop-loss!
As you can see, ALGO has created an ascending head and shoulders and is also located in the Falling wedge , which means that if it breaks, we expect the price to reach the target (AB=CD). ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _...
Following weekly chart and got a long signal ( actually yesterday) from my screener. TP1 0.154 TP2 0.165 SL Not a super ratio but close under 0.123 weekly close.
Market Context: ALGO has recently broken through the descending resistance line from May and is now at support, presenting a long trade opportunity. Trade Setup: Entry: Ladder into a long position in the $0.13 - $0.1380 support area. Take Profit: First target: $0.16 - $0.17 Second target: $0.20 - $0.2170 Stop Loss: Just below $0.123 ⚡ This setup aims to...
#ALGO The price is moving in a descending channel on the 1-hour frame and is sticking to it to a large extent and is expected to break it upwards We have a bounce that was booked from the lower limit of the channel at a price of 0.1200 We have a downtrend on the RSI indicator which supports the rise We have a trend to stabilize above the moving average...
ALGO has just broken out of the wedge pattern that it has been in for a minute now, and is looking like it could be getting ready to run. It's likely to go the .15 range, retrace back down to the upper wedge trendline, then continue the move from there. Good luck, and always use a stop-loss!
The ALGO charts appear to be signaling a potential turnaround, or at least a nice move up from the current trading range. Good luck, and always use a stop-loss!
ALGO is forming a nice descending wedge pattern on the weekly and daily charts. It could break out from these levels, but it could also easily drop to the lower trend line first. Good luck, and always use a stop loss.
ALGO is one of the best cryptocurrencies you can buy, especially at today’s prices. Being one of only a handful of top-quality cryptos that are ISO 20022 compliant, like XRP, XLM, and Quant, I believe the future is bright for ALGO and its holders. This chart isn’t set in stone and will change over time as more information comes to light. Good luck, and enjoy...
ALGOUSDT 1D DOUBLE BOTTOM ALGO has just built a DOUBLE BOTTOM. This is a good buy signal as long as it respects the SL. It is clear where the ALTS are at. In a couple of months we will look back and think about the opportunities we had to buy really cheap. SL 0.09 TP 0.23 TP1 0.33 TP2 0.45
ALGO is in an uptrend and is currently approaching a strong demand zone. This area can act as significant support, potentially driving the price upwards. The price is moving slowly within this demand zone, which may indicate the market’s attempt to attract new buyers. One possible scenario is that the price finds support in the demand zone and, after observing...
Trade setup : Price is in a Downtrend, however, it had a bullish breakout from Falling Wedge pattern, which could signal at least a temporary bullish trend reversal with +22% upside potential to $.17 resistance. Stop Loss at $0.12. This is a riskier trade setup because it’s a trend reversal not a trend continuation setup. It’s against the overall downtrend. Learn...
Algorand (ALGO) Analysis Algorand (ALGO) has shown signs of recovery after a significant decline that saw its price drop from the $0.3199 level down to a low of $0.0938. Recently, ALGO has been trading within a narrow range, indicating some consolidation as it attempts to regain bullish momentum. Currently, ALGO is hovering around the $0.1353 mark, just above...
Yello, Paradisers! Are you ready for what could be a pivotal moment for #ALGOUSDT? Let’s dive into the latest analysis and uncover what might be coming our way. 💎We’ve been tracking #ALGOUSDT closely, and the signs suggest a potentially explosive move. If the price breaks above the descending resistance, we could see a bullish surge. 💎However, given the...