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Algousdtanalysis

How Bullish Algo Actually Is ? - ALGO ANALYSIS Multi Time FrameHello everyone, Skyress is here. Earlier this week, I published an analysis regarding Bitcoin Dominance and mentioned that money in the Crypto market is currently rotating into undervalued assets. You have already seen some of them as examples, and now we have another one: Algo. Algo has faced many drops during the decline, but let's see what we have in our hands to play with. Higher Time Frames (3D) In the main chart (3D), there are some waves I’ve marked. I believe Algo has already finished its five-wave impulsive move for several reasons: Fibonacci Ratios: Targets for Wave 5 seem to have been achieved. We can confirm this by using two different Fib tools: Fib Extension and Fib Channel. According to the rules, both suggest "I'm done for now." Volume: Wave 5 (generally) ends with lower volume compared to Wave 3, and the volume here confirms it. Moreover, you can see a decline in volume before the recent pump began, which is exactly what we should see around a new Wave "A" for correction. This simply means the recent downward move is done, and its correction (the opposite side) can now begin. Liquidity: As you can see from the red line I drew on the chart, the main liquidity block has been cleared by the market. As a result, even if Algo is completely bearish, it still needs fuel to move downwards—and there is no fuel left below. Only the upside is full of liquidity. Imagine this like a highway; you are on a long road trip and need gas to keep going. You go to the nearest gas station, and in this case, the nearest one is upwards. Low Time Frame Late Traders: Most likely, people will try to catch up with the move and will be trapped soon, which will create the top of Wave A. I think this will happen when the price reaches around $0.1280 - $0.1300. Afterward, Algo will retrace with the rest of the market, and most traders will move on to chase a new "already pumped" coin. This is what we call "Phase B" right before the real "skyrocket" move begins. Wave C Targets: Wave C will most likely end where I marked on the chart: $0.17 - $0.1760. In a "less optimistic" scenario, Wave C can end where the price reaches the 100% ratio of Wave A, which is around $0.15 - $0.16. ⚠️ Important: When counting waves, do not include flash crashes like October 10th. This will invalidate your count. You need to ignore them to maintain a proper count. Orderflow Analysis The image below is taken from Footprint charts on TradingView (1W). Pro Tip: If you're analyzing crypto and the asset moves mostly via perpetual trading, use the perpetual chart to see the data more clearly. This provides better details for CVD and Open Interest analysis. As we can see on the footprint chart, buyers have stepped in aggressively. They are the dominant side of the market at the moment. The $0.10 barrier is important. That area shows where the most trading happened in a week. That psychological wall was not easy to break, but in the end, buyers won. If you're a scalper, use that area to trade; you will catch the volatility right there. When you check the Delta, you'll realize that this week's candle has eclipsed the total volume of many previous weeks. This is a breakout. This is what you're looking for. BULLISH! Open Interest and CVD Let's examine what they are telling us: Open Interest (OI): It’s rising well, which is a good sign. It means the move isn't fake or a "dead cat bounce." Simple: people are buying. CVD: When looking at the daily CVD data, you'll see that people are also buying this in spot markets. This means it’s not just a "hype pump"; it's real. People are invested. Lower Time Frame (12H) The price on the 12H chart has already broken a trendline. Not all lines are important, but this one held the price for months. There is a clear Change of Character (CHoCH) on the chart. The only hurdle is the red zone marked as the "Supply Area." Supply Zone: The price has entered a zone where sellers are more active because it was the site of the recent drop. Those who bought Algo then are still in a loss and looking for an exit. Volume Profile: The fixed volume profiles are perhaps our most important tools. The larger one shows where the price was dumped or pumped during the crash. The tiny red line is the POC (Point of Control). It has been cleared. This means the largest volume of the entire movement happened there, and now price is above it. Bullish. Conclusion In lower time frames, we might see a correction before the end of the main Wave A. This will provide an opportunity to build long positions. My expectation is that the price may see another higher low before Wave A finishes. When the crowd leaves, I will enter at the end of Wave B to hunt Wave C. Thanks for reading! Feel free to share your thoughts in the comments. I also advise you to check my earlier analysis on Bitcoin Dominance, as it is extremely important for the future of the crypto market. Skyress.
Long
by vs_sayin
2
ALGOUSDT - Double Bottom Setup or Bearish Continuation?On the 1W (weekly) timeframe, ALGO/USDT remains in a long-term downtrend structure, forming consistent lower highs and lower lows since the 2025 peak. Price has now returned to the historical demand zone at 0.092 – 0.081, which previously acted as a strong accumulation base and triggered a significant upward impulse. This zone is a crucial level that will determine the medium–long term direction. --- Structure & Pattern Formation 1. Primary Trend: Bearish Market structure continues to form lower highs. Selling pressure has dominated since failing to hold the 0.30–0.35 region. Volume weakens during upward retracements. 2. Re-Test of Major Weekly Support Price has revisited its previous base (2023–2024). The 0.092 – 0.081 area is a major demand zone. Multiple weekly wicks indicate buyer reaction. 3. Potential Pattern If strong rejection occurs: It could form a Double Bottom on the higher timeframe. Or develop into a Base Accumulation Range before reversal. If breakdown occurs: It would confirm a major Break of Structure (BOS). Opening room for further distribution. --- Key Levels Main Support: 0.092 – 0.081 (yellow block – major demand zone) 0.070 (next minor support) 0.058 – 0.050 (breakdown projection targets) Nearest Resistance: 0.120 0.150 0.180 0.220 (previous structural breakdown level) --- Bullish Scenario The bullish scenario becomes valid if: 1. Price holds above 0.081. 2. Strong weekly close above 0.10–0.12. 3. A bullish engulfing or strong rejection candle appears with increasing volume. Potential Targets: 0.120 (first resistance) 0.150 0.180 0.220 (mid-term recovery level) If prolonged accumulation occurs, this area could mark a long-term bottom. Additional confirmation: Break of the last lower high. Volume expansion during breakout. --- Bearish Scenario The bearish scenario activates if: 1. Strong weekly close below 0.081. 2. Clean breakdown without significant rejection wick. 3. Increasing sell volume during the drop. Downside Targets: 0.070 0.058 0.050 (extended breakdown projection) If this area fails, the weekly structure shifts into a long-term bearish continuation, potentially leading to capitulation. --- Conclusion ALGO is currently positioned at a major decision zone. The 0.092 – 0.081 area represents: A historical accumulation zone Multi-touch support A key psychological level The reaction here will determine whether: This becomes a bottoming & reversal phase or The beginning of a new breakdown toward fresh lows Risk management is crucial, as price is sitting at a high-timeframe support. #ALGO #ALGOUSDT #CryptoAnalysis #TechnicalAnalysis #WeeklyChart #SupportResistance #Breakdown #ReversalZone #Altcoin #CryptoTrading #MarketStructure
Short
by CryptoNuclear
ALGO/USDT - Price at Major Demand Zone, Reversal or Breakdown?On the weekly timeframe, ALGO/USDT continues to trade within a long-term bearish market structure, defined by a sequence of lower highs and lower lows. Price is currently declining toward a key historical demand zone, highlighted by the yellow box between 0.1075 and 0.0850. This area has historically served as a strong accumulation zone, where selling pressure was absorbed and followed by notable price reversals. --- Pattern & Market Structure From a technical perspective, ALGO shows: A well-defined descending trend structure Multiple failed attempts to reclaim major resistance levels: 0.50 0.285 0.235 0.160 Recent price action indicates bearish momentum is slowing as price compresses into a high-probability demand area This setup often reflects a late-stage downtrend, where accumulation may begin. --- Key Levels Major Support (Demand Zone): 0.1075 – 0.0850 → Weekly demand & accumulation zone Resistance Levels: 0.1600 → First key resistance 0.2350 → Structural resistance 0.2850 → Mid-range resistance 0.4000 – 0.5000 → Major resistance and trend reversal confirmation zone --- Bullish Scenario The bullish case remains valid if price respects and holds the demand zone: 1. Strong weekly rejection candles or long lower wicks from the zone 2. Formation of higher lows on lower timeframes 3. A confirmed weekly close above 0.1600 If confirmed, upside potential includes: 0.235 as the first target 0.285 as the second target 0.40 – 0.50 as an extended bullish target This would signal the early phase of accumulation and a potential trend reversal. --- Bearish Scenario The bearish continuation scenario becomes dominant if: 1. Price breaks and closes below 0.0850 on a weekly basis 2. The demand zone fails to absorb selling pressure 3. No meaningful bullish reaction occurs In this case: The long-term downtrend remains intact Price may seek lower liquidity zones around 0.070 – 0.060 The historical accumulation zone becomes invalidated --- Conclusion ALGO is currently trading at a critical long-term decision level. The 0.1075 – 0.0850 zone represents a major inflection point: Holding above it → accumulation and reversal potential Breaking below it → continuation of the macro bearish trend Patience and confirmation are essential at this stage. --- #ALGOUSDT #Algorand #CryptoAnalysis #WeeklyChart #DemandZone #AccumulationZone #PriceAction #MarketStructure #AltcoinAnalysis
Long
by CryptoNuclear
ALGO/USDT –Between Capitulation or Massive Reversal Zone?ALGO is now trading at one of the most decisive zones in recent years, a major historical support area between 0.17–0.135 — a battle zone between buyers and sellers since 2020. Each time the price tapped this area, the market reacted with a strong reversal, signaling heavy accumulation by smart money. However, this time, selling pressure appears stronger, creating tension between a potential massive reversal or a final breakdown before a new redistribution phase. The weekly structure continues to print consistent lower highs since 2021, confirming that the macro trend remains bearish. Yet, the recent price rejection around 0.135–0.17 and the presence of a liquidity sweep below that zone suggest that many retail stop-losses have been taken — possibly setting the stage for a mean reversion rally. --- 🟢 Bullish Scenario: “The Bottom Reclaim” Confirmation only occurs if weekly close > 0.235 with strong volume. A breakout above this level would signal a structural reclaim and open the path for a rally toward 0.285 – 0.49 as the primary targets. If momentum strengthens, further expansion toward 0.78 – 1.54 remains possible (the former 2021–2022 distribution area). Aggressive traders may consider accumulation within 0.17–0.135, with a tight stop below 0.12, aiming for a minimum 1:3 risk-reward ratio. 💡 Additional bullish narrative: If the crypto market rotates capital from major layer-1 assets into mid-cap plays, ALGO could become one of the “revival candidates,” backed by strong liquidity and a recognizable brand. --- 🔴 Bearish Scenario: “Break the Floor” If weekly close < 0.135, it would confirm a breakdown of multi-year structural support. The next logical downside target lies around 0.082, the historical low and the last visible demand zone before uncharted territory. Such a breakdown usually triggers a capitulation event, where short-term volume spikes due to panic selling. In an extreme case, ALGO could establish a new structural range below 0.10 before attempting a long recovery. 💡 Additional bearish narrative: If macro pressure persists (e.g., BTC retraces or USDT dominance rises), ALGO might experience a “final flush” before forming a structural bottoming pattern. --- 📊 Key Structure & Technical Patterns Primary pattern: Long-term Accumulation Range with repeated liquidity sweeps below support. Macro trend: still bearish, though momentum is weakening — visible through declining volatility and volume contraction. Potential reversal trigger: a strong bullish engulfing candle from within the yellow box. Volume divergence: watch for rising volume around 0.15–0.17 — it often signals silent accumulation by smart money. --- 🧭 Conclusion ALGO is standing at a critical multi-year decision zone — it could either mark the beginning of a multi-year reversal or the final breakdown toward new lows. Traders should focus on weekly reactions around 0.17–0.135 and wait for confirmed weekly closes before taking positions. There is no “best” position yet — only patience and discipline will define the outcome at such a pivotal stage. --- #ALGO #ALGOUSDT #Algorand #CryptoAnalysis #PriceAction #MarketStructure #SwingTrading #TechnicalAnalysis #CryptoBreakout #TradingViewCommunity
Long
by CryptoNuclear
ALGO – Reversal from the Final Support ZoneLike most altcoins, Algorand also ended Friday’s crash by touching its final support zone, then strongly reversed. After dropping to 0.10, the coin rebounded sharply and reclaimed the next key level at 0.15. Currently trading around 0.20, ALGO is showing early signs of stabilization. If the overall crypto recovery continues, this setup could develop into a solid bullish signal. The confirmation comes with a break above 0.2250, which would mark the end of the correction that started in December last year — opening the way toward the 0.40 zone. Let’s see if the market confirms it. 🚀
Long
by Mihai_Iacob
2
ALGOUSDT Break Downtrend – Reversal in Progress or Just a Retest📊 Technical Analysis Overview: The Algorand (ALGO) / Tether (USDT) pair has shown a notable technical development by successfully breaking above a medium-term descending trendline that has acted as resistance since early 2025. --- 🔍 Pattern & Structure: A clean breakout above the descending trendline (yellow sloped line) indicates a potential shift in trend from bearish to bullish. Price is currently undergoing a retest of the breakout zone, aligning with the Fibonacci retracement levels 0.5 ($0.2451) and 0.618 ($0.2273). The yellow horizontal zone ($0.25–$0.29) has been a significant support/resistance flip zone, showing strong historical reaction throughout 2024 and early 2025. A higher high and higher low structure is starting to form — an early signal of a potential bullish reversal. --- 📈 Bullish Scenario: If the price holds the support zone between $0.2451 and $0.2273, we could see a continuation of the upward move toward the following resistance levels: $0.2909 (current minor resistance) $0.3187 $0.3500 $0.3871 Mid-term targets: $0.4936 and $0.6106 A daily or 2D candle close above $0.3187 with strong volume would confirm a bullish continuation. --- 📉 Bearish Scenario: On the other hand, failure to hold above the $0.2451–$0.2273 support zone could lead to a renewed bearish move with potential targets at: $0.1900 (weekly historical support) $0.1500 Extreme support: $0.0938 (2024 cycle low) A break below $0.2273 would invalidate the breakout and may signal a bull trap. --- 📌 Summary: ALGO is at a key inflection point. The current pullback could be a healthy correction after a breakout or a failed retest. Watch for price action and volume reaction near $0.2451–$0.2273 to confirm the next move. #ALGO #Algorand #ALGOUSDT #CryptoAnalysis #TechnicalAnalysis #Breakout #BullishReversal #Fibonacci #SupportResistance #Altcoins #CryptoSetup #PriceAction
Long
by CryptoNuclear
ALGO Breaks Out of Falling Wedge – 400% Target Ahead?BINANCE:ALGOUSDT has consistently followed a bullish pattern on the weekly timeframe. Each major rally has been preceded by a falling wedge breakout, as shown by the three highlighted instances on the chart. - First breakout: ~200%+ move - Second breakout: ~300%+ move - Current breakout projection: Potential target up to +400% The price has just broken above the wedge and is currently retesting the breakout zone. If history repeats itself, ALGO may be poised for a strong upside move from its current levels. Cheers Hexa🧘‍♀️ COINBASE:ALGOUSD EURONEXT:ALGO
Long
by HexaTrades
39
ALGO: Surprise Rally Ahead?Yello Paradisers, did you spot that breakout from the descending channel in time or are you still waiting for confirmation that already happened? 💎#ALGO/USDT has officially broken out of its multi-week descending channel after a textbook Break of Structure (BoS). Price action gave us a beautiful retrace into the demand zone, and from there boom momentum began shifting. This move is now showing early signs of bullish continuation, but as always, the majority will only realize it once the big move is already done. 💎#ALGO had been trading within a clearly defined descending channel, with price reacting precisely between the descending resistance and descending support lines. The breakout occurred after a strong candle pierced the descending resistance, and more importantly, we got a BoS followed by a clean retest of the demand zone around $0.165–$0.175. That reaction was sharp and decisive, indicating strong interest from buyers stepping in. 💎As of now, it is trading near $0.186 and forming higher lows, which supports the idea of an ongoing trend reversal. The structure has changed, and bulls are slowly regaining control. If price sustains above $0.190, the doors open for further upside. The first key level that could slow momentum is minor resistance near $0.210. If that level breaks with volume, moderate resistance around $0.230 becomes the next critical zone. Above that, the major target sits at $0.260, a strong resistance area where a lot of liquidity could be triggered. 💎On the flip side, the strong support zone between $0.145 and $0.155 remains our invalidation area. If price drops below this range, the bullish setup collapses, and we reassess the entire structure. But unless that happens, the bias remains cautiously bullish. Trade Smart. Stay Patient. Be Consistent. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
7
ALGO Ready to Break Out—or Fake Out? Watch This Critical ZoneYello, Paradisers! have you been watching #ALGOUSD’s recent moves closely—or are you about to miss the bounce that could catch 90% of traders off guard? 💎After topping out in December 2024, ALGO entered a clear corrective phase. That correction just completed an ABC zigzag pattern right into a strong support region, slightly above its key weekly level—a zone where buyers historically step in. 💎#ALGOUSDT is showing clear bullish reactions between the 0.165–0.145 levels. More importantly, a complex bullish divergence is forming—on both RSI and MACD. This is your first warning sign that the bears are losing steam and bulls are ready to step back into control. 💎On the upside price must break and hold above the moderate resistance zone at 0.22 level. A successful reclaim here would not only validate the divergence but also represent a deviation reclaim, where price recovers a previously broken support level. 💎If this reclaim is successful and supported by volume, the next key zone to monitor is between 0.25 and 0.275. This region carries particular significance, as it aligns with both the descending trendline resistance and the 25% Fibonacci retracement. It is a critical level that will likely determine whether the current bounce evolves into a sustained bullish leg. 💎Should buyers maintain momentum beyond that point, the next upside target lies between 0.365 to 0.380 levels. Paradisers, strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. MyCryptoParadise iFeel the success🌴
COINBASE:ALGOUSDLong
by MyCryptoParadise
1
ALGO / USDT : Gearing up for a breakout above Trendline ALGO/USDT: Gearing Up for a Breakout Above Trendline Resistance ALGO/USDT is shaping up for an exciting move 📈 as it approaches a critical trendline resistance zone 📊. The price has been consolidating tightly, creating the perfect setup for a potential breakout 💥. If the breakout happens, we could see a strong bullish trend unfold 🚀. Keep a close eye 👀 on this pair and wait for confirmation before acting. Key insights: 1. Trendline resistance: ALGO/USDT is approaching a long-standing trendline that has previously acted as a barrier. A break above this could mark the start of a strong upward move. 2. Volume surge: Watch for a significant increase in trading volume during the breakout to confirm buyer strength 🔥. 3. Bullish signals: Momentum indicators like RSI and MACD are trending positively ⚡, supporting the case for a bullish breakout. Steps to confirm the breakout: Look for a clear 4H or daily candle closing above the trendline 📍. A noticeable spike in volume during the breakout can signal strong buying activity 📊. A retest of the broken resistance as a new support zone adds credibility to the move ✅. Be cautious of fake breakouts, such as sharp reversals or wicks above the trendline ⚠️. Risk management strategies: Use stop-loss orders to manage your risk effectively 🔒. Ensure position sizing aligns with your overall trading strategy 🎯. This analysis is for educational purposes only and not financial advice. Always conduct your own research (DYOR) 🔍 before making investment decisions.
Long
by Crypto-By-Ghazi
Algorand middle term targetsAlgorand middle term targets BINANCE:ALGOUSDT Possible Targets and explanation idea ➡️We already sweep covid historical march 2020 low ➡️On a W tf we can see money inflow based on my Money Power indicator ➡️Perfect scenario with test of Buy line of my Take Profit indicator ➡️Target will be break out of downtrend line and test with full fill around 0.53$ monthly FVG. Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. --- • Look at my ideas about interesting altcoins in the related section down below ↓ • For more ideas please hit "Like" and "Follow"!
Long
by Crypto4light
Algo:Bullish Momentum Intact for a Potential Upside continuationAlgo/USDT has been one of the standout performers among altcoins over the past month, with the price soaring by over 500%. After peaking just above $0.60, the coin experienced a healthy correction, forming a local low at $0.35, a level slightly above March's high. Following this correction, BINANCE:ALGOUSDT entered a consolidation phase, creating a base around the $0.40 mark. This consolidation suggests the market is gathering strength for another potential upward move. Currently, the price action indicates that Algo/USDT may be preparing for a new leg higher, with a likely target at the significant resistance near $0.70. From a strategic perspective, I remain bullish as long as the $0.32 support level holds firm. The suggested approach is to buy dips, capitalizing on opportunities within this uptrend. Key Levels to Watch: - Support: $0.35 (recent local low), $0.32 (critical support) - Resistance: $0.60 (previous high), $0.70 (major target resistance)
Long
by Mihai_Iacob