Because Bitcoin in my opinion in Bearish momentum right now, Algo might follow the trend of Bitcoin. Good luck. Thanks
ALGOUSDT has the 2.400 mark is target🎯.. Buy !!!📈💸
I bet you ALGO will pull an XTZ on us. XTZ is only bag I held. Solid uptrend oooffta
Nice profit incoming, breackout, price holds on 200 EMA on 4H and can move up. My Long-term target 3 - 3.2$
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
The opportunity in ALGO The entry point is 1.7 -1.66$ First target 1.92$ second target 2.1$ third target 2.36$
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
Right now algo at the bottom and have potential for testing resistance keep your eyes on it and get ready for long
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...
Another personal trade I am looking at: ALGO like many of the alts is looking like it will breakout soon if bitcoin remains green, it was an over-performer with the early Sept' breakout and has been pulling back since. Positive volume pressure has been building despite the persistent pull back. On the 4hr it is facing the resistance of an immediate local trend...
Hi 🙋🏼♀️ This is my idea about ALGO. Targets and stoploss are mentioned in the chart. Thanks for taking the time 🥰
Yellow line - 200MA White line - 50MA Basically similar fractals, and mirror line resistance/support. Add to this 1.618 Fib from global downtrend to find possible next target. Surprise - same picture. For now it only depends on BTC.
ALGO is bouncing back from its support and I am expecting an 8% to 10% bounce within few hours. Entry: $1.59 to $1.63 Stop Loss: $1.54 Targets: 8% to 10%. Keep the SL close and accumulate between the entry levels.
Algorand fractal that I thought looked similar to the current icx price action. Essentially hopium, send this shitcoin to $3-4.
ALGO seems to reversed from the support zone with descending Sell Power and Divergence in indicator