I am waiting for Algorand to broke up the short-term resistance to enter for a scalp long till 0.21. It looks strong enough and momentum is good
💎 Paradisers, prepare for a promising opportunity with ALGOUSDT as it showcases an impressive trend, currently positioned in a demand zone, hinting at a heightened likelihood of a bullish trajectory. 💎 In recent developments, we've observed a shift where supply zones have transformed into demand zones. Currently, ALGOUSDT is nestled within such a demand zone, and...
What an amazing trade on Algorand! More than 30% gain on spot from my call and way more on leverage. It's now slowly coming down, but i am waiting for a good retrace to join in long again. Will keep you updated, 0.17 is an interesting zone
Algorand (ALGO) technical analysis: Trade setup : After getting rejected at $0.15 resistance a few times in November, price has finally broken above it to signal continuation of uptrend with upside potential to $0.24. However, price is now very overbought (RSI ~ 80!), hence, near-term, we’re likely to see it pause here on some profit taking. Pullbacks to $0.18...
💎 ALGO has been a standout in the market, recently achieving a notable breakthrough in a key supply area. It's now undergoing a retesting phase in the Lower Time Frame (LTF), setting the stage for potential upward movement. If successful post-retest, ALGO probability may move towards our targeted strong resistance area. 💎 However, if ALGO returns to the demand...
💎 Paradisers, shift your attention to ALGOUSDT, as it presents a notable trading setup in the demand zone, reinforced by a recent Market Structure Shift (MSS). This scenario suggests a substantial chance for a bullish trend. 💎 On analyzing ALGO's pattern, Algorand has a consistent record of breaking above its descending trendline, a harbinger of upward trends. It...
Algorand (ALGO) technical analysis: Trade setup : After getting rejected at $0.15 resistance a few times in November, price has finally broken above it to signal continuation of uptrend with upside potential to $0.18 near-term. Previously, price broke above above 200-day moving average, which confirmed a bullish trend reversal to an Uptrend. Trend : Uptrend...
Falling Wedge Has Confirmed Breakout In 1W Timeframe Running 150% Profit So Far And Looking Forward To a Massive Bullish Wave
Algorand (ALGO) technical analysis: Trade setup : After getting rejected at $0.15 resistance a few times in November, price has finally broken above it to signal continuation of uptrend with upside potential to $0.18 near-term. Previously, price broke above above 200-day moving average, which confirmed a bullish trend reversal to an Uptrend. Trend : Uptrend...
Due to the low power of buyers, I think we will have a short-term downward trend The price of 35.5-37k is a good range to buy and it will probably be the last chance to enter. Below I will mention some attractive altcoins for you Fil , BTT , ENJ , OMG , SXP , ONE are high risk coins TRX , ADA , AVX , ALGO , CRV , SOL are stable
The weekly performance of EURONEXT:ALGO appears incredibly bullish, hinting at an impending monumental candlestick. The upward momentum seems poised to create an epic surge in value, reflecting robust market sentiment. This promising trend suggests significant growth potential, fueling anticipation for a remarkable and influential market movement in the near...
Algorand (ALGO) technical analysis: Trade setup : Price broke above above 200-day moving average, which confirmed a bullish trend reversal to an Uptrend. So far it has been rejected at $0.15 resistance. We wait for price to either 1) break above $0.15 to signal continuation of uptrend with upside potential to $0.18 near-term, or 2) pull back near $0.12...
I can see a big opportunity on Algorand. We are in a strong uptrend, there's a good bullish ascending triangle with a 18% move. If we set this 18% move as target, we can see it at 0.17. It's a good 30% from actual price, on spot... Imagine on features
I am scalping long on Algorand. Opportunity looks good, the short term downtrend in broken, a small pump is likely to happen
Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (ALGOUSDT chart) The key is whether the price can be maintained above 0.1093 and rise above 0.1718. (1W chart) In order to escape from the bottom section, the price must rise above 0.1718 and...
I was wrong on my prevoius idea, it wass maybe too early for ALGO to fly. But the hot zone i marked as resistance and support has worked nicely. We are back to resistance and i think Algorand has enough strength to flip it to support and fly high in the mid term. 0.2 is my target before end of the year
ALGO has been trading in an ascending broadening wedge pattern since 19th October. In that time it has risen by ~67% and is once again trading above all EMA's. The market is shaky at the moment and any drops in BTC are causing bigger drops in alts, but any increase in BTC is not necessarily increasing alts much. In any case, despite the very recent downward...