Hi. COINEX:ALGOUSDT ✅Today, I want to analyze ALGO for you in a Weekly time frame so that we can have a MID-term view of ALGO regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). ALGO has formed an inverse head and shoulders pattern. If price followed this pattern and will soon reach...
There is strong support and the bottom was tested again and rebounded from it. It is possible that we will see a large final wave rise in the shaded area above as long as it does not break its last low.. A big monthly rise is coming only if its last low is not broken.
💎 Paradisers, gear up as #ALGOUSDT is currently displaying a promising setup, situated within a support zone, poised for a bullish climb. 💎 #Algorand is paying homage to the support level at $0.1837. There's a strong chance it might revisit the support at $0.1837. If the price can maintain its momentum at this level, we're looking at a bullish progression to...
The $ALGOUSDTpair presents an intriguing long trade scenario. The daily chart unfurls a tapestry of technical patterns and indicators pointing towards an upward trajectory. The following insights serve as a navigational aid to dissect the elements that make this route a promising one for market participants seeking to ride the bullish tide. Arguments for...
Trade setup : Following a bullish breakout from a Falling Wedge pattern, price resumed its Uptrend. Now it broke above $0.30 to signal continuation of that uptrend, with +20% upside potential to $0.36 near-term and +33% to $0.41 mid-term. Stop Loss (SL) level at $0.265. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is...
EURONEXT:ALGO |USDT As Shown In The Chart , It's Currently Trading Around Resistance Area , Once Broken It Will Jump Till Short Term Target : $0.45 - $0.67 Mid Term Target : $1.77 - $2.26 Long Term Target : $3.5 - $5 Current Price : $0.3143
💎 ALGO has recently encountered significant market dynamics. Currently, it is facing resistance in the supply area. 💎 If ALGO manages to successfully break out above this supply area, confirmed by a daily candle close, there is potential for continued upward movement, possibly reaching our target area. 💎 However, if ALGO fails to break out above the supply...
ALGO/USDT is due for a retracement and correction after experiencing a significant uptrend previously.
#btc #eth #crypto EURONEXT:ALGO ready to go moon. I will buy at 0.1778. TP: 0.30
Like almost all other altcoins, ALGO is ready as a formation and it will do what it has to do soon.
From technical view the chart looks super bearish, Yet I myself have great conviction that this is all preparation for huge heights. A Long/Spot trade could be profitable. Entry : 0.0988 - 0.0933 Stop : Daily close below 0.09188 The first three targets are short term and futures traders. Last two are for holder. Goodluck.
Take a look on the weekly chart for ALGO developing prefect cup and handle pattern and will break out with the next few days. great entry point to get in before it shoots off !
#ALGOUSDT #DEGENPLAY Great asset - breaking key structure now - looking to take off with a very achievable 600% potential and not pumped as much as the other mid caps. Buying @ $0.2930 🛑 For educational purposes only 🛑 These are not formally tracked or personally traded
Hi guys, Spotted this setup on ALGO, the target of the cup & handle is situated in the 0,67$ area. As a "safe" trading setup we still need to wait for a breakout and retest of the 0,23$ area before taking action. Always take risk management measures while trading ( set stops, maintain risk under 2% etc.). I hope we all make it !
ALGOUSDT is approaching a critical juncture, nearing a key resistance level of $0.2727 on the weekly chart. This analysis explores the potential for a breakout and the support levels to watch in case of a pullback. Technical Analysis: Resistance: $0.2727 (Weekly) Support: $0.2199 (Daily), $0.1594 (Monthly) Volume: Decent Buying Pressure Moving...
1. ALGO formed a clear Cup and Handle on the weekly. 2. This move still has 34% to go up. 3. This also has confluence with previous support at 37 cents which may act as resistance. 4. We have strong weekly wick to the upside in most recent candle to help fuel this move.
A possible 1-2-3 bullish pattern with an inverted h&s breakout Target: 162% Fibonacci extension - wma200 week +90% Entry: breakout retest wma20w SL: week low position (week candle wick) -20% RRR: 4:1
Strong buy volume on the weekly candle above the 50 EMA + upper cloud. Triggered a buy signal in my personal indicator. Price is also at 2019 lows! Cryptos could still drop before and after halving mercilessly, this will be the opportunity. Open Long Position from 0.2500 with 10x leverage.