algo break its triangle and can pump soon. its sl is 1.76 usdolar, tp1 is 2.45 and tp3 is 3
This analysis is a check of the chart in a Daily time frame and everything is clear on the chart and does not need additional explanation ... However, if you have any questions, feel free to ask . My personal opinion : Personal review to buy (Buy Recommendation) ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @Ar_M_An_4 📅 24.Oct.2021 ⚠️(DYOR)
ALGO had a strong breakout in early September and has been since in consolidation above the 1.5$ area. Prices are in compression days after days and could well go for another impulsive move up. I would wait for the MACD to go green and the upper BB to open before catching up a move as a fake signal could be given. This on is to be follow, we could anticipate...
ALGO is another call where we do spot and future trading with USDT pair.
As it can be seen in the chart Algo has broken out its great bearish trend line and it has tested it and the major bullish trend line. Now a pull back to an important 4H level can be seen which can be great long position with a suitable risk/reward stand point. Besides, having a look at its current market cap which is about 11B can be insightful. In other words,...
*not a financial advice. please do your own research. a powerful catalyst can change a trend. bullish up to TP1, BEARISH after D.
I have been watching Algo for a bit... i been meaning to buy it earlier and earlier...but of course I slept on it and it would be a profitable hold today. Well this time I will not miss out, I feel like its primed... If my alarm hits I will market by algo in the 1.75ish range and just wait.
ALGO is forming a symmetrical triangle, and i think its good idea to entry :) Note : wait for retest #DYOR
Broke the resistance, ready to PUMP. Algo have been in this triangle pattern for more than a month. Since btc reached its all time high, it shows how bullish market is. So we expect algo to pump.
Massive Cup and Handle on Total 2 Marketcap excluding Bitcoin. Algorand is right there. Watch out for Bitcoin dominance around 47%, best time to buy upon rejection from there.
Here we can enter a trade when/if the price retests at entry around.... Entry 1.8215 TP 1.8949 SL 1.7847 Not financial advice, do your own analysis aswel. Good luck
Hello friends. Please support my work by clicking the LIKE button(If you liked).Thank you! Everything on the chart. open pos: market target: 2.75 - 3 after first target reached move ur stop to breakeven stop: ~1.75 (depending of ur risk). ALWAYS follow ur RM . risk/reward 1 to 2 Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next...
Hello friends. Please support my work by clicking the LIKE button(If you liked).Thank you! Everything on the chart. open pos: market target: 2.75 - 3 after first target reached move ur stop to breakeven stop: ~1.8 (depending of ur risk). ALWAYS follow ur RM . risk/reward 1 to 2 Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next...
Algo is in a huge bearish since September and too many times it tried to break the resistance but it couldn't go so far. Yesterday with BTC ATH it also climbed to huge amount but still it is under our resistance. For short positions: Stop: 1.8 Sell: 1.69
#ALGOUSDT $ALGO is trading above 3 major resistances, if daily candle close above $1.7692, it is a bullish sign and will confirm an uptrend. then price head up toward daily resistance zone and I think it will pass $2. target of broken triangle is around $2.3.