ALGO appears to be gearing up for a major move as it completes the Inverse Head & Shoulders pattern on the 1 week chart. 📈 The absence of bearish divergence and any downtrend signals, combined with the current consolidation around the neckline, sets the stage for a potentially bullish breakout. 🔍 Key Levels to Watch: Neckline Breakout: Look for a decisive move...
Hello friends, I hope you are doing well, you can see the algo chart in a weekly time frame. It has formed a head and shoulder pattern, and if it stabilizes above the resistance box, it can take an upward trend until the specified target
ALGOUSDT downtrend broken, potential move in coming monhs +120%
Look The Chart Pattern Of The BTCUSDT .It Has long Seller Zone So New Coming Traders Think It"s Good To Enter Short Position And Market Wil Be go Down
Algorand has been showing some steady movement to lower zones, where we see multiple signs of weakness. With that being said, we are pretty confident to see some further movement here, potentially securing fully both 100 and 200 EMA by bears. Multiple good scalps can be taken here as well, we see! Swallow Team
ALGO USDT -21/03/24 Update Still going UP all the way to 0.27989. Going to take some time to reach the TP...
BINANCE:ALGOUSDT Lets take a look on D timeframe for Algo Possible Targets and explanation idea ➡️Local fib we perfectly touched -0.18 lvl and would be good to test green block again ➡️Like usual we got many variations of price movements but I marked 2 ➡️Both of this price movement for continuation Up. ➡️Green - retest 27 block and continuation in...
Dear friends, Algorand has been in a downtrend for MANY MONTHS, it reached major support area of 0,09 cent. (ATTENTION, it still can FALL lower). Now Algorand seems to be establishing a BOTTOM. Bullish signs: Bullish divergence, volume increasing, major support zone, oversold territory. 2 things can happen now: Algorand slowly increases. Or Algorand makes new...
🚀#ALGO Analysis : Pattern Formation 🔮As we can see in the chart of #ALGO that there is a formation Inverse Head And Shoulder Pattern and it's a bullish pattern. Also there is a perfect breakout and retest of the levels. This indicates a potential bullish move.📈📈 🔰Current Price: $0.2353 🎯 Target Price: $0.3871 ⚡️What to do ? 👀Keep an eye on #ALGO price...
Logarithm. Time frame 1 day Main trend. Accumulation/distribution zones. Time frame 1 week. ALGO/USDT Main trend. Cycles. 07 2023 Secondary trend. All price drops from 2-year highs. ALGO/USDT Secondary trend. Wedge - trend. This local wedge breakout zone on the line chart.
The altcoin has been rejected from the support level, giving it a bullish outlook.
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ALGORAND: A loser scam shitcoin! Down 92% from its All-Time-High and the only major 2021 coin that has not pumped. Is Algorand going to $0.01? Here is why a 90% crash for Algorand is likely: 1. Still down 90%+ from its all-time-high despite incredibly strong market; 2. Failure to breakout from inverse head & shoulder, which means there is no momentum; 3. The...
The chart speaks volumes. There is 0 demand for this coin. I believe this coin will soon enter its bearish phase and head towards zero.
Possible Head and Shoulders pattern. If price will breakdown the neck line. Then after Retest I will Enter short.
Trade setup : Following a bullish breakout from a Falling Wedge pattern, price resumed its Uptrend. It briefly broke above $0.30 resistance but failed stay above it as traders took profits. Pullback near $0.25 support area could be an attractive swing entry in Uptrend, with +20% upside potential to $0.30 near-term and +40% to $0.36 mid-term. Stop Loss (SL) level...
In the weekly and daily times, after going through a complex correction cycle, it finally entered a motivational wave in the range of 0.082 with a floor, which is currently breaking the dynamic pullback to the structure, which is a retest to the supply area. has also had Therefore, with floor construction in the area, it will have the ability to grow to the next...
The rejection of the higher time frame support zone suggests that the price of algo will increase.