Due to the low power of buyers, I think we will have a short-term downward trend The price of 35.5-37k is a good range to buy and it will probably be the last chance to enter. Below I will mention some attractive altcoins for you Fil , BTT , ENJ , OMG , SXP , ONE are high risk coins TRX , ADA , AVX , ALGO , CRV , SOL are stable
The weekly performance of EURONEXT:ALGO appears incredibly bullish, hinting at an impending monumental candlestick. The upward momentum seems poised to create an epic surge in value, reflecting robust market sentiment. This promising trend suggests significant growth potential, fueling anticipation for a remarkable and influential market movement in the near...
Algorand (ALGO) technical analysis: Trade setup : Price broke above above 200-day moving average, which confirmed a bullish trend reversal to an Uptrend. So far it has been rejected at $0.15 resistance. We wait for price to either 1) break above $0.15 to signal continuation of uptrend with upside potential to $0.18 near-term, or 2) pull back near $0.12...
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
I am scalping long on Algorand. Opportunity looks good, the short term downtrend in broken, a small pump is likely to happen
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
ALGO has been trading in an ascending broadening wedge pattern since 19th October. In that time it has risen by ~67% and is once again trading above all EMA's. The market is shaky at the moment and any drops in BTC are causing bigger drops in alts, but any increase in BTC is not necessarily increasing alts much. In any case, despite the very recent downward...
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.
This trading strategy uses Bollinger Band, Awesome Oscillator and RSI for longterm Algorand (ALGO-USDT) trading.
ALGORAND, one of my top pick, it's clearly going to retest 0.13 level. From there i expect a powerful bull run till 0.25 usd, around 2x from the entry. Good spot and leverage opportunity
Algo looks very undervalued from here. Hit Covid lowest level Clearly formed a bottom cycle
Hello Wait for breaking up black trendline and gives you above 5%. SL is on very tough zone.
Patience is going to take your sleep away as you see it slowly moving up. It's already invalidated the downtrend, so even if it goes down a bit, that won't be a concern. Just try not to take a leverage position (not even 2x) as this doesn't have much volume and you will have to suffer in liquidation where the operator can easily play 10-20% up/down with low...
💎Paradisers, ALGOUSDT is currently on the radar with its intriguing behavior, having faced rejection at a resistance level but showing signs that it might surge past it in a bullish manner soon. 💎 Historical patterns have shown that when supply zones transform into demand zones, ALGOUSDT tends to ascend. Although it faced a setback at the resistance level of...
Algorand (ALGO) has orchestrated a fascinating move that has caught the attention of traders and investors alike. It appears to have fallen below a key support level, but could this be a cleverly designed bear trap? Many speculate that a pump might be on the horizon. Let's dive into this intriguing market development. 📈💥 The Fall Below Support: ALGO recently...
Algorand (ALGO) has soared above its Exponential Moving Average 200 (EMA200), hinting at a remarkably bullish run! For those of you who relish the excitement of trading in fast-paced markets, this exhilarating development presents an unmissable chance to capitalize on the strong upward momentum of ALGO. The fact that it has surged beyond its EMA200 signifies a...
4h time frame - ALGO is creating a potential bottom structure. There are two ways to estimate targets, first one is Fibonacci Projection, this target is 0.125. Next one is obvious structural supply zone from 0.17~0.18. Both ways are good to set up trading plan. If ALGO trigger a surging trend, then we can see 0.17 in near future, but shall notice PA while close...