4h time frame - ALGO approaching history low and creating triangle structure here. Support from uptrend is good entry to set a long trading plan. TP: 0.16~0.17 SL: 0.089
Classic Retest here. Due for a pop. Position = ALGO Direction = long Entry = .1118 Stop Loss = .0919 Take Profit(s) = .1537 Risk/Reward = 2.25 Leverage = NONE Profit Potential = 37% Not financial advice. Just letting you all what I am doing. Best, Stew
Hi dear friends, hope you are well and welcome to the new trade setup of Algorand (ALGO). Our last successful trade of ALGO was as below: Now on a 4-hr time frame with Bitcoin pair, ALGO has formed a bullish Shark move, at the moment after the completion of final leg the priceline is slightly moved up, therefore, we can wait for some correction. Note:...
On the 30 minute chart the trend started on June 5 (linear regression channel). There is a high probability of profit. A possible take profit level is 0.1444 But do not forget about SL = 0.1296 Using a trailing stop is also a good idea! Please leave your feedback, your opinion. I am very interested in it. Thank you! Good luck! Regards, WeBelieveInTrading
This one is approaching towards the its lows. There is a monthly and weekly level almost close to the current price. It may breach that for a while but I expect it to hold that level on weekly time frame and bounce from there. If it does bounce, I see it aiming towards daily and then probably weekly resistance. The price has finally hit the weekly support which...
Hi, Friends hope you are well and welcome to the new update on ALGO. Big wedge and a long-term support: Algo has formed a big falling wedge on a weekly time frame, however, at the moment ALGO has dropped at a very long-term support of $0.16 and this level is working as a support since Sep 2019. Oversold on weekly time frame: Weekly Stochastic is also...
Algo has also entered my target down area and with the daily RSI into oversold territory, I believe this is an appropriate area to enter. Yes, Bitcoin could still come down to that 25,200 neckline area or lower, dragging ALTS down even further, but I have set my entry targets for these recent alts trades and will stick to the trading strategy at this point,...
SIX:ALGO looks like it's set to move higher from here. Think we'll break the smaller resistances and head higher to the target of $1.03. Should it close higher than that, there are additional targets.
BINANCE:ALGOUSDT.P Asset analysis From a technical point of view, by reaching the entry point marked with blue color in the image, it can have a good profit for the owners of this asset.
This one is also on daily support and likely to bounce from here. It may dip below the support for a while but anyways a long towards daily resistance looks favorable here. The daily resistance is sitting around 0.206-0.210 zone.
Supports do not seem to be holding the price resumption downward. I expect the next support to be at 4h timeframe entry price area. NFA
After a minor pullback to change of character area, I expect a liquidity grab from the prior high and go down from there. NFA
◳◱ A Resistance Breakout and Confirmation has been detected on the SIX:ALGO / CRYPTOCAP:USDT chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are located at 0.2247 | 0.2329 | 0.2501, and the major support zones can be found at 0.2075 | 0.1985...
Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: market and lower Target: 0.3 - 0.36 - 0.44 after first target reached move ur stop to breakeven Stop: ~0.18 (depending of ur risk). ALWAYS follow ur RM. RR: 1 to 5 risk is justified Good luck...
Hi dear friends, hope you are well and welcome to the new trade setup of Algorand (ALGO) with BTC pair. Our last successful trade of ALGO was as below: Now on a daily time frame, ALGO has formed a bullish Butterfly move for another price reversal. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss,...
Algorand looks good and I think we can trust it and publicly we see a positive movement in the coming days.
Hi dear friends, hope you are well and welcome to the new trade setup of Algorand (ALGO) with US Dollar pair. Previously we caught more than 25% pump of ALGO as below: Now on a daily time frame, ALGO has formed a bullish Shark move for another price reversal. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow...
we've got ALGO inside a pennant formation and let me tell you, it's getting charged up for another leg up. ALGO just recently retested and broke through its trendline resistance, which was previously acting as support before the breakdown. Now, it's making a strong push to break through this bullish pennant, but you need to be careful with your trades, my friends....