Assuming $ALGO won't lose the support it gained after the heavy grind, looking for %gains around 90 after the dip is over
ALGO just broke monthly resistance (black level) it has alot of room to fly. It might bounce around it for a little while but i beilve we should see a touch of the blue weekly level.
Algo has had an amazing start to 2020. Since Jan 20th it has risen 210% from 22 cents to a much higher 48 cents. This has been a relatively healthy paced increase and has the potential to rise even further, but not before a small pullback. All the early entries from the 22-28 cent range will be reaping profits in this range. This can be seen in the AO where it...
#ALGO is 80% Profit in only 20 days from the first Idea. I was a great setup in #ALGO - so simple but gives a huge profit, 80% so far. I first, bought at the first breakout, re-bought on the next resistance breakout and after retest. Take profit was clearly identified using Fibonacci retracement . First Idea: Second Idea : Thank you for your...
Algorand just leaving accumulation faze to start very first bull run(most big one) Even return to its previous highs looking prime.
Keeping in mind that it is a rising channel and there is some bear div, however the gartley has been providing some nice opportunities for me lately so I will keep an eye. If it it has a full candle body below the garltey (green line), then I would exit the trade to try and rebuy lower. I published another chart which is a broader picture but this is on a smaller...
Currently going towards the upper trend-line of ascending triangle where the 200 DMA is, will most likely find resistance (possibly a pullback) there and upon break-out, go for higher up targets. I do not yet have an optimal entry.. I am not a financial adviser, do your own research!
Hi Traders ALGOUSDT start to build up a pump. It crossed the Moving Averages (except the SMA200) on the daily. With a possible start of alt season in the back, this could be another coin to pump.
ALGO seeing a good continuation after breaking above this resilient trend line yesterday, indicating a change in short term trend, matched with a corresponding increase in volume; we can anticipate price and volume to keep rising while we trade above our 0.236 fib support(2600 sats). As we stand, we are definitely bullish on this pair and can anticipate good price...
ALGO has been flat for a while with low volatility. it keeps hovering above support, on both USDT and BTC pair. Idea is invalidated if the daily closes below the lower trendline. Targets are 33 cents and 41 cents
$ALGO is breaking an old falling wedge Now on support, bounce or die little boy Be safe due a bearish divergence on macro Not a Financial Advice
FTX:ALGOPERP has not seen much of an uprise even with BTC's crazy action lately, which is kind of odd as all other USD margin pairs are soaring. Nevertheless a bullish divergence has been formed on the 4h chart, which may be the momentum that ALGO requires to push through. Entry: 0.2315 TP 1: 0.2427 TP 2: 0.2549 SL: 0.2259 CryptoCue is not providing investment...
After successful formation of bullish BAT now the Priceline of Algorand / US Dollar cryptocurrency is forming bullish Shark pattern and soon it will be entered in potential reversal zone. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. I have used Fibonacci sequence to set the targets: Buy between: 0.1998 to...
Priceline of Algorand (ALGO) / US Dollar has formed a bullish BAT pattern and entered in potential reversal zone. Do use the potential reversal zone as stop loss in case a candle stick closes below this PRZ area. I have defined targets using Fibonacci sequence as below: Buy between: 0.2207 to 0.2093 Sell between: 0.2477 to 0.2883 Regards, Atif Akbar (moon333)