XTZ was an early runner this cycle, but if you look at the price ratio between XTZ and ALGO, it's sitting at the perfect confluence of long term horizontal and downtrend resistance. Unlikely coincidence. I'm going to take advantage of the price disparity and swap my entire XTZ bag for ALGO. Let's see what happens.
Buy Reason Algo-BTC is at Wave 2 (Fibonacci 0.764, 0.854, 0.886) Big Wave is at Reguler Flat Zigzag Corrective (Fibonacci 1.236) Grid Setup Mode : Grid Trading Bot (Geometric) Lower Price : 0.0000133 Upper Price : 0.0000452 Profit Per Grid : 5.5% Grid Quantity : 22 Take Profit Price : No Stop Loss Price : No Start On : 2022-05-04 (18:01:34)
Keeping an eye on ALGO/BTC. It doesn't look pretty, but there may be an opportunity developing in the next week or so. We're currently testing the Support of a large Descending Triangle. Descending Triangles are bearish and so a break down (at some point) is expected. Combined with the recent bearish momentum and overhead resistance, I'm inclined to think the...
If helps you, please like and share. #ALGOBTC #trend_hunter
Hi dear friends, hope you are well and welcome to the new trade setup of Algorand (ALGO) with Bitcoin pair. Previously I shared a long-term trading idea on Algo, which is still in play: Now on a 4-hourly chart, ALGO has formed a bullish Crab . Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss,...
This currency has good conditions We can fluctuate a little with this currency in these areas and increase bitcoin reserves
BINANCE:ALGOBTC has found support on the 0.5 Fib line and a rising trend line on the logarithmic scale. In this chart, I argue why these two signals are not strong enough and conclude that we should wait longer for a trade setup to emerge. You can follow this chart here . I hope you learn something from this video and if you like it, then please leave a like....
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY! 1-PULLBACK 2-FIBO 0.618 3-SUPPORT ZONE
ALGO pulling back to the broken resistance I bought ALGORAND with BTC pair here targets in the chart targets based on fibs levels. BINANCE:ALGOBTC
Algrand is located in an ascending major trend line and after reacting to the floor of this trendline, it is moving towards the target. Due to the passage of a resistance and due to its strong momentum and ascending cycle, it can touch the specified targets. The targets are marked with the help of Fibonacci and the resistance ahead TP1: 0.00005400 TP2:...
Expect growth going into next year. Last chart on Algo/USDT published Aug 2020 showed the end of correction which was a good opportunity for investors to buy.
didn't go the way I wanted. My stop hit and didn't get a chance to re-enter due to the strong bull momentum. But it will undoubtedly come. I am now going to turn my attention to the BTC pair. The BTC pair looks very bullish on the weekly and daily. That's why I like to be in a long position. If I get the chance to get in 0.00003, then I will go long. otherwise...
ALGO really need to bounce Vs BTC here. R and R is pretty good as otherwise it's going bottom of the range.
Dear Friends i have noticed possible Wyckoff accumulation forming with Algorand/Bitcoin market pair. Now in phase A at PS, AR, SC and ST the spread does not behave quite as described in Wyckoff method but the price still does appear to be bottoming out. buy now at ~0.00003500 stop loss at 0.00000708 profit target 1 at 0.00006000 risk & reward ratio 1:1 profit...
Breakout e agulhada em Algo/btc , indicadores de momentum acompanhando.
I'm buying some ALGO here. Despite the BTC sell off ALGO has shown strength and the ALGO/BTC pair looks bullish. Algo quickly recovered its support at 1.54 and is back in range, I'm targeting 2.10, 2.82, and 3.22.
Agulhada de ALGO/BTC no diario. Tambem rompendo Resistencia do que parece ser um pequeno Head and Shoulders invertido.