Trade setup : Trends are mixed. Bullish breakout (with huge volumes) from a Channel Down pattern signals resumption of uptrend, with upside potential to $0.25 near-term and if broken, even $0.30.
Pattern : Price was trading in a Channel Down pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate...
Tell me who gave you the EURONEXT:ALGO thing 3 days ago?
Who is giving you these pump alerts before with chart proof?
Only AqeelOnline!! Check every trader here and tell me if anyone else is predicting the right things again n again everyday, and if there is any? Do comment me I would love to follow him/her
You are simply not an ordinary place My Friend. Just...
EURONEXT:ALGO is rebound from the support level 0.1550 - 0.1650 and is about to take off from here🔥🚀
I'll not book profit until 0.2150
Resistance: 0.2150 - 0.2350 area
Sl: A little below from the support area mentioned in the chart.
Good Luck!
Happy Earnings❤
#nfa #dyor #aqeelonline
ALGO is recovering from crash and looking for push it upward.
Can see major resistance in the upward direction and it has also broken the trend line and can expect another LL. ALgo is in search of LH and it could move upward till 0.20 to 0.21 range.
If it breaks the structure than we can see the upward rally but I am expecting another LL.
Very similar to Chainlink (although major ALTS are correlating very well now)but I believe more on total fall for deeper retracement for a primary degree wave 2 for BINANCE:ALGOUSDT than BINANCE:LINKUSDT (see link chart below).
OTHER ANALYSIS
Traders, get ready for a potential game-changer with ALGOUSDT! 🚀💰
🔍 Strong Support Zone:
We're eyeing a robust support zone where buyers are showing a strong reaction. It's highly probable that they'll step in again. Remember the last time? It sparked some impressive movement!
💡 Trade Strategy:
With the potential for a 1 to 10 trade, this setup could be a golden...
Trade setup : Price remains in an Uptrend. After making another Higher High (~$33), which is a sign of Uptrend, price is consolidating in Descending Triangle pattern. The pattern is coming to a pinnacle, which means price is about to breakout. We wait for a breakout that would signal the end of consolidation and a resumption of uptrend. Bullish breakout could...
Forming a higher high from weekly time frame indicates a reversal in algorand pattern
In 4h there is a clear channel now facing a horizontal support which is around the last high
I expect a rebound from this bottom az soon az the trend line breaks
#ALGO
The price moves in an inverted head and shoulders pattern
The right shoulder is now complete
Wall is expected for the upper border of the shoulder
We have a higher stability moving average of 100
We have bullish momentum on the RSI and an uptrend
We have a current breakout of the channel to the upside
Entry price is 0.2500
The first target is 0.3000
The...
BINANCE:ALGOUSDT (1D CHART) Technical Analysis Update
ALGO is currently trading at $0.2276 and currently in consolidation phase. Price has formed a nice triangle pattern. If the price breaks out from the resistance line then we have a good opportunity for long trade. If the price breaks down then the next support is around 0.15
Entry level: $ 0.24
Stop Loss...
The price forms a head and shoulder pattern, signaling a good opportunity to take a short position. Once the price reaches my take profit level or I secure a partial profit, I will then enter a long position from that final take profit zone.
Im a little late on this juan but ALGO has confirmed support along with many other alts. With quite a few now breaking out of these consolidation phases, I am expecting the same here.
