So here We're , Algo after the big move moving into the summertical triangle and now on the Good Support , So Just Wait to Volume and after Breakout the triangle , you can buy it , Please Share your Idea about this chart NOT FINANCIAL ADVICE HAVE A GOOD TIME Fellas
Algo goes up inside the Ascending Triangle in a daily timeframe. Current:1.84 Target: 2.05 SL: 1.68 R/R: 1.3
see and watch :) The trendline has been broken and it seems that the price can increase up to the specified limits ...
The algorand coin (ALGO) is facing a major resistance at 2.04$ closing the daily candle under this resistance will give us a chance for a good entry at 1.89$ and 1.85$. confirming the breakout by closing a daily candle above the resistance at 2.04$ will move the coin toward the targets shown in the chart.
Algo is still showing bullish signs from crossing EMA's to building momentum. ALGO could potentially reach 2.0lvl to complete the bat pattern (green). Pls be noted also that the 2.09lvl is its resistance from prev high.
On a daily TF, ALGO is oscillating in a triangle and it is at the price floor. If it breaks the $2.08 support, you can enter for $2.5, $2.8, and $3.1.
ALGO seem to be breaking out of his triangle but i would stay cautious as long as we don't have a daily above 2.05$. If it does close above then the plan would be to buy any retest of 1.95$ and target 2.5$ as 1st TP which would be what i would play since MACD daily is turning bullish. If it close under then we would need to rethink the upper trendline of the...
Algo is climbing up the ascending triangle. Red box resistance break will signal an imminent move to ATH. DYOR and GL!
VERY solid fundamentals on this one, long term price has been flowing in impulse moves upwards with consolidation flags in between. Price is currently in a squeezed flag and is testing our breakout area - need to see a 8h - 1 day break out of flag and resistance area - will want to have a Bollinger band beak - first take profit @ 1.618 fib extension level -...
Everything is clear in the picture. Ask your questions in the comments section. Please like, good luck♥️
ALGO/USDT on an ascending triangle pattern. B/O above the flat top with the right volumes may push the price to previous high 2.4-2.5 levels. #NOT A BSH recommendation.
Here is my take on ALGO / USDT 4H. We are witnessing a triangle formation with a potential breakout. If the ranging motion continues then we can consider the pattern as invalidated. If the triangle breaks the upper line of the triangle - I recommend that you wait for a solid confirmation - then enter a long position. Take profit ideas: TG1 - 2.08$ TG2 - 2.18$ TG3...
Whichever direction it will take it will a good trade. Enjoy
Chart shows the play. Entered in the white rectangle when the daily candle closed above the solid yellow bull flag. 1.5-1.7 Entry 2.2 TP 2.4 TP Best of luck
there is 2 possible scenarios : Success break out the triangle and pump to target levels or breaks down the support at 1.7 and retest 1.6 and 1.25 My idea is uptrend scenario and waiting for good entry point after success break out
- consolidated for 1,5month - slowly upward sloping price - flipping 2USD zone as support will open the upward potential - 1.236 extension of summer run-up - btc pair rolls/rolled over
Updated. Publishing for myself to see if that broadening wedge bottom textbook plays out or not. ALGOBTC is in descending channel (red) and in broadening wedge bottom (yellow) both.
Hello guys, we are moving in a triangle pattern. The best time to buy is when leaving the pattern. #signal #ALGO #ALGOUSDT Spot( Midterm)🌟 Enter : 1.9$ Target : 2$ Target : 2.09$ Target : 2.3$ Target : 2.4$ Target : 2.9$ Stop loss :1.74$ Daily Close In : 1.74$