ALGO daily chart This chart is still intact and once it gets the push above the descending trendline, This chart could really show whos boss...The ALGO blockchain has been rated top 3 best blockchains in this industry as well. Lets see what it can do here in the next 1-8 weeks. RSI is literally Oversold and on Deck to move up now.
$ALGO's last two local highs both saw spinning top candles on the daily chart. Each realizing approx 20% retracement that followed the daily candle close over about 1.5 weeks. Today, ALGO is forming another spinning top. If the trend continues, this gives a short-term price target of $0.67 by end of March.
Algorand targets: T1: $3.7 T2: $6.2 T3: $9 Good luck to Algo holders
Hello everyone, if you like the idea, do not forget to support with a like and follow. As per my last video analysis, we were waiting for the bulls to take over from a medium-term perspective by breaking above the inverse head and shoulders neckline. ALGO broke above the neckline and traded higher. Now for the bulls to take over from a long-term perspective, we...
I think Algo will go to one dollar because of fundamentals and it broke out of a down trend and the market conditions are good thanks
Greetings, Today we're looking at ALGO/USD - Algorand is a decentralized blockchain-based network that supports a wide range of applications. Algorand purpose is to speed up transactions and improve efficiency, in response to the slow transaction times of Bitcoin and other blocks. It's design focus is lower transaction fees, as well as no mining...
Technicals look healthy - long term support at $0.67 has been confirmed - RSI crossover followed by 7 week EMA turning up will confirm resumption of long-term uptrend Fundamentals are far stronger since the start of the correction - Algorand Governance TVL to be unlocked by AlgoFi and AlgoGard for DeFi - Flurry of DeFi projects launching launching - Algorand...
now we watching this coin broke the neckline of that inverse head and shoulder
ALGO, being pump I will look to hold some at 0.79 This is not a financial advise or recommendation.
Hello Traders! After finishing the downward movement, the price of ALGO returned to the zone of interest of buyers $0.695 - $0.890. It is possible to consider medium-term purchases in the range of $0.695 - $0.800. Price movement under $0.58 will be a trigger for closing the position. For a short-term trade it is better to wait for a breakdown of the...
Buy ALGO around 0.7675$ only learning purpose, no economic advise.
always loved this one ever since i heard the feds were in on it, hughly bullish, government wants controle theyre going to get it, govt blockchains to the moon!
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. Here is a detailed update top-down analysis for ALGO. Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good Luck! All Strategies Are Good; If Managed Properly! ~Rich
Algorand bouncing on a critical support and respecting the .786 fib (from all-time bottom to all time high). Hopefully algo will decouple from bitcoin trend and go for the shooting start.
Testing/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice. The bottom is pretty much in. We have the first wave (1) completed and wave (2) is just about done. We should be working on wave (3). If you compare this chart to the previous, the price targets are relatively the same. I've added a new wave (5) target to make...
Leading Expanding Diagonal (3-3-3-3-3) Rules: Wave 1 shorter than Wave 3 Wave 3 shorter than Wave 5 (sets 7$+ target for Wave 5) Wave 4 must overlap into Wave 1 territory Can overshoot or undershoot the top trendline Additional comments: Local bottoms seem to be equally spaced according to time cycles; Stochastic RSI is deeply oversold on all major timeframes...
$ALGO is in a clear long-term uptrend. It is now retesting the bottom of the rising channel. MACD has bullish divergence. MACD is starting to reverse while price continued to slide down on lower volume. Stochastic in extreme oversold territory. Algorand's super bullish fundamentals will propel $ALGO to all new time highs. Once escape velocity is achieved to all...