⏳ Spot
💎 ALGOUSDT has formed a symmetrical triangle and after the breakout it might go down for a retest and then continues the Bullish move. The Pullback are is at around 1.7070
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at market or 1.7070
☕️ TP1 1.9550
🍺 TP2 2.0650
🍻 TP3 2.2222
🍾 TP4 2.4000
🍷 TP5 2.5555
🍸 TP6 ______
🍹 TP7...
Hello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a 4-hour time frame.
As you see, the price has been able to break the resistance line and start moving upwards.
We have drawn a support line for you that can support the price. At the moment, the price can move towards its resistance and if it breaks and stabilizes above it, then it...
We bought spot ALGO at $1.02 back in Aug then closed at $2.20 I alerted spot again last night at $1.73 and have a ST target of $2.10 & LT EOY target of $4.
I have been following ALGO closely, its shown very positive signs and next move could be big. Last trade I set a modest price target just below global trend which it reached. Now it is pushing up on global trend which will also be a likely bullflag breakout. Which should attract a lot of attention
Look for break and retest above global trend and previous daily...
Algorand is currently in this Chuvashov downward fork. This is a bullish pattern and we should see a break of the top resistance soon.
I'm looking for an entry on break or a very (very) small entry here and to scale it on the break.
This could send ALGO back to the $2+ area.
Watch this!
Crypto market is once again on the rise.
ALGO stands out the most to me given the following indicators:
MACD cross up
MACD +
MACD histogram transition to the positive side
Volume Contraction Pattern
50 Day MA as support
Together with the improving sentiment in the space, I'm liking the prospects of ALGO
Good luck!
Algorand was invented to speed up transactions and improve efficiency, in response to the slow transaction times of Bitcoin and other blockchains. Algorand is designed so that there are lower transaction fees, as well as no mining (like Bitcoin's energy-intensive process), as it is based on a permissionless pure proof-of-stake (PoS) blockchain...
ALGO digital currency is in a good uptrend which can make a +50% profit!
Due to the break of the mid-term downtrend line that it has been dealing with since early September, in yesterday's rally, it was able to break it up and complete its pull-back on it.
You can now buy with a medium-term vision to reach a new price ATH. In 1st Step TP, you can save some of...
In ALGOUSDT 1h
It broke out the wedge and retest the neckline .
It touched 0.382(1.7231) and rebound nest candle.
The level 0.382 became support after it went up .
We can combine 2 candles to a hammer .
I thought it means the confirmation of the support.
We can setup the plan
TP1:2.0538
TP2:2.1993
TP3:2.2582
TP4:2.5889
SL:1.7110
Got back in ALGO this AM. Same as XTZ.
Unless BTC dumps, ALGO is still in the up trend. I like all Mls and price respecting support and resistance noted on the chart.
Yolo
It is very, very beautiful. All the coins were formed in cups and handles. It is very interesting
Algorand smart contracts are getting a performance boost.
On Wednesday, the company behind the proof-of-stake blockchain released a back-end upgrade to increase the computing power of Algorand-based applications. Algorand Virtual Machine (AVM) will also make it...
