Trade ideas
Algorand, the trilemma-solverAfter plotting the local bottom pattern, which is 30days exactly between local bottoms, I extended that bottom pattern out for the next two months. I also used a sine wave to plot the local bottoms since the beginning of the february pump. My targets are based on the range made from each local bottom to its local top. I also placed what I believe, based on the pattern, will be the next two 30 day bottoms (yellow circles)
ALKALINE PORTFOLIO - ALGO 2This will be our Alkaline Free Crypto Portfolio. This portfolio will be held for the long term, so you must manage your capital to deal with potential dips in the crypto market. We will not provide every entry in one post, as we believe in the power of dollar-cost averaging. Leverage is not allowed, this portfolio must be followed by a Spot wallet.
Our analysis will be provided with an approximate entry price and the name of the token.
All the ideas provided must be taken with the same capital so that the performance is similar to the CryptoAlkaline portfolio.
You must divide your capital into entries of 2-5%. For example, a $10k bag will place entries of $200-$ 500, and in case of running out of money from the allocated capital, new entries must be taken with the same size.
It has been proven that the cryptocurrency market follows the same direction most of the time and that in this case, diversification does not eliminate the risk of losing money. However, we rely on diversification as a tool to increase our exposure to sporadic hikes in certain Altcoins.
Understand the risks involved in buying cryptocurrencies, and execute these activities legally according to the regulations of your country.
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NEW ENTRY in Algorand (ALGO/USD // ALGO/USDT)
ENTRY PRICE $ 0.885
NO LEVERAGE, NO TARGETS
Please read our "Free Crypto Portfolio Rules" before placing your positions.
From a technical view, Bitcoin is in a good place to start buying near the $30k psychological level, so we could anticipate the next Altcoin Rally buying Algorand near the support situation.
This token has a use case for instant payments with low commissions and rewards through staking. Several payment processors such as Visa & Mastercard have shown interest in this asset. This fact causes the $1 level to be detected as a good buying opportunity, as it is considered reasonable for a token that could be used to pay for goods and services.
After this purchase, our average entry in Algorand is @$0.972.
Good luck, Alkalites!
Algorand targetsI took a measured move from each local bottom to local top for the last 4 "pumps" we've seen since the big pump in February. I placed these four lines on our new local bottom to get an idea of what to expect from this next 30 day cycle.
If we are to expect algorand to make a move similar to the last four it has made, we should see a local top between $1.12 and $1.46, and I would say that sub $1.20 is more likely than above it.
NFA.
Algo is very consistentOver the last 5 months algorand has been following this bottom pattern. The local lows are all 30 days apart from each other, except one which is 29 days.. Yesterday was the 30 day bottom, so we can conclude that, if the trend continues, 30 days from now is the next new bottom.
Additionally, from local bottom to local top, all 4 cycles have increased over 65%. I'm going to put my money on algo repeating the cycle yet again. Even if it is a lower high, it is possible to reach 1.26 in the next 3 weeks.
DYOR, NFA.
If #Algo drops below $1 it may be a very strong Buying Opp.As you see here I expect us to dip back to $1, now once we hit that point we need to look for 2 things
First we need to see if we'll do a Touch & Go at $1 or if we will break that resistance leading to the .90 range. If Bitcoin picks back up leading into the week we may break the $1.10 resistance and be on our way towards $1.50 by next weekend.
*Not Financial Advice
ALGO Fractal is still in play: Updated VersionSo i was wrong about the fractal last time, but i am not giving up - are you?
I am still very bullish on algorand future and the fact that Algorand push back above 1$ is a good sign.
And based on my expectation we should be at $2 by end of JUNE.
I hope you are guys are with and chasing less memes and more real assets.
Real Tech, Real Team, Real Adoption.
Let's see some of the algo recent news:
yieldly.finance
decrypt.co
cointelegraph.com
www.algorand.com
arcc.one
www.bitfinex.com
So today i present to you an updated version with same fractal intact and i hope this time around it is going to be a lot more accurate.
__FRACTALS__
Lots of fractals this summer
__REVIEW__
So the fractal started pretty good, but unfortunately on May 17 fractal diverted, and on MAy 19 it became obvious to everyone the A-E was too eager. The D-E was going to be another deeper drop, and going to match the December Fractal a lot closer. Again we can thank BTC and ELON for this Plus CHINA.
Fundamentals have not changed for ALGORAND at all, so it is unfortunate that this happened, but those who became bag holders, or early investors are stuck again HOLDing their asset, at least unlike many other alts, algo pays very nice daily reward :)
The Key was counting A C and E as sub $1 supports , remember how i talk about holy trinities in crypto markets. Well i guess, this is it for ALGO at 70-80 support.
It is sad to see your expectation fail, but luckly we are still in the game and Algo will prove that we are still right about it in the long term
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**LEGENDS**
BLUE = Bear/Resistance || Yellow = Bull/ Support
Lines: Fractal dates are moments of interest, where price and time collide to create oscillation.
the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
Feel free to request: your coin to be analyzed! Please keep those Stop losses in place or mind!
Thank you, and stay strong my fellow CryptoPunks!
Future belongs to the brave, and crypto is the future.
_Ajion
Please checkout my new beta product at : ajion.co/future - where you can see and trade with fractal power!
ALKALINE PORTFOLIO - ALGOThis will be our Alkaline Free Crypto Portfolio. This portfolio will be held for the long term, so you must manage your capital to deal with potential dips in the crypto market. We will not provide every entry in one post, as we believe in the power of dollar-cost averaging. Leverage is not allowed, this portfolio must be followed by a Spot wallet.
Our analysis will be provided with an approximate entry price and the name of the token.
All the ideas provided must be taken with the same capital so that the performance is similar to the CryptoAlkaline portfolio.
You must divide your capital into entries of 2-5%. For example, a $10k bag will place entries of $200-$ 500, and in case of running out of money from the allocated capital, new entries must be taken with the same size.
It has been proven that the cryptocurrency market follows the same direction most of the time and that in this case, diversification does not eliminate the risk of losing money. However, we rely on diversification as a tool to increase our exposure to sporadic hikes in certain Altcoins.
Understand the risks involved in buying cryptocurrencies, and execute these activities legally according to the regulations of your country.
------------------------------------------------------------------
NEW ENTRY in Algorand (ALGO/USD // ALGO/USDT)
ENTRY PRICE $ 1.06
NO LEVERAGE, NO TARGETS
Please read our "Free Crypto Portfolio Rules" before placing your positions.
From a technical view, Algorand is respecting the $1 psychological level, and the Daily 200 EMA. Also, it seems that Algorand is not too vulnerable to Bitcoin retracements.
This token has a use case for instant payments with low commissions and rewards through staking. Several payment processors such as Visa & Mastercard have shown interest in this asset. This fact causes the $1 level to be detected as a good buying opportunity, as it is considered reasonable for a token that could be used to pay for goods and services.
Good luck, Alkalites!
#ALGO may see a push towards $1.50The market is green right now, we may see a nice push up too $1.50 if this momentum continues and the Volume picks up. There is a bunch of Positive news around Algorand right now, more and more projects and integration into Cities and Businesses every single day.
*Not Financial Advice
#ALGO building Momentum As you see we just touched the lower band followed by an engulfing green candlestick which is a great sign for a bull push towards the top of this wedge pattern.
We'll need to see the Volume pick up if were expecting to break out of this wedge & get on a Bullish Run. If BTC continues to dip over the next 24 hours then we may not break through the top resistance, but I will keep you posted as we move through the night.
*Not Financial Advice






















