#ALGO/BTC TA Update: #ALGO now at strong support we can expect bounce back form here. if we lose this support then Bearish for Mid term. I am buying some with tight Stop Loss. if any candle close bellow 2200 satoshi then I will close this trade. But ic an expect we can see bounce from here. S: 2250 Sat R: 2913/3360/4011 Sat please like and follow me for latest...
ALGO reminds me of the current BTCUSD, but much lower. It has almost the exact same waves, but goes x2 when BTC goes x3.
COINBASE:ALGOUSD Is making a bullish bat pattern. Putting my bids there. Great pattern making gains every day ;)
Algorand was rejected at resistance, shorted it with low leverage and with a wide stop (because of wicks). My target is around 0.1741 BTC; If we closes daily above 0.2050 BTC I'll flip long targeting 0.25 BTC mid-term. Hit the "LIKE" button and follow to support, thank you. Information is just for educational purposes, never financial advice. Always do your...
Algorand catch some nice trend above demand line, it can be start of a big wave(targets are green doted lines,stops under the first rerd line) Setup is ready to takeoff, we need just a little spike up on bitcoin to do this
ALGO/BTC If ALGO will repeat the history to form a bottom at the same area of support, we could see a potential rally up to 4000 sats region. The RSI is also painting a bullish divergence that perfectly coincides with the current price level and area of confluence. This is a good setup to play a Long position and have your stop-loss placed under 2250 sats.
It seems I was right and It was a bearish retest. New lows are coming. Information is just for educational purposes, never financial advice. Always do your own research.
Looks like bearish retest so far and fall into the abyss next 'coz there's no support left. Information is just for educational purposes, never financial advice. Always do your own research.
Does this look like a good buy? Absolutely not. I won't touch this until it returns to the selected area. It's about 40% higher than current price, not that easy to climb. Information is just for educational purposes, never financial advice. Always do your own research.
Hi All, My brother has invested in Algorand and asked me if it qualified as a Cup and Handle on the daily chart. I'm no expert and still learning however I will not shy away from attempting to give it a go. Hence why I made this post. Surprising is holding up strong, even after this morning's drop, it is doing better than many...
Pullback on ALGOUSDT wasn't too optimistic, but assuming BTC won't crash to new lows it may be OK to consider a possible long around ~0.3 - 0.32 zone. Information is just for educational purposes, never financial advice. Always do your own research.