Trade setup : Trends are mixed to down. Price has broken out of a Channel Down pattern but it’s now approaching a stiff resistance area: horizontal resistance of $0.20 and 200-day Moving Average. If it breaks above that, it would signal resumption of uptrend and upside potential to $0.25.
Trend : Downtrend across all time horizons (Short- Medium- and...
Trade setup : Trends are mixed to down. Price has broken out of a Channel Down pattern and back above that 200-day MA to signal trend reversal to Uptrend. Near-term upside potential to $0.22. Stop Loss (SL) level at $0.175.
Pattern : Price was trading in a Channel Down pattern. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks...
Trade setup : Trends are mixed to down. Following a failed breakout, price is back to trading within a Channel Down pattern. We wait for a breakout from the pattern and back above that 200-day MA to signal trend reversal to Uptrend again.
Pattern : Price is trading in a Channel Down pattern. With emerging patterns, traders who believe the price is likely to...
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...
Trade setup : Price remains in an Uptrend. We would be buyers on pullbacks near $0.25 support area, which is also near its up trendline, and could be an attractive swing entry in Uptrend, with +20% upside potential $0.30 near-term. Stop Loss (SL) level at $0.215.
Trend : Downtrend on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is...
Trade setup : Price remains in an Uptrend. Following a failed break above $0.30 resistance, price is approaching $0.25 support area, which could be an attractive swing entry in Uptrend, with +20% upside potential $0.30 near-term. Stop Loss (SL) level at $0.22.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD...
Trade setup : Price remains in an Uptrend. Following a failed break above $0.30 resistance, price is approaching $0.20 support area, which could be an attractive swing entry in Uptrend, with +25% upside potential to $0.25 near-term and +50% to $0.30 mid-term. Stop Loss (SL) level at $0.18.
Trend : Neutral on Short-Term basis and Uptrend on Medium- and Long-Term...
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...
Trade setup : Price is in an Uptrend. Following a bullish breakout from a Channel Down pattern, price has also broken above $0.20 resistance to signal continuation of uptrend, with + 20% upside potential to $0.24. Stop Loss (SL) at $0.18, just below prior swing low.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish...
ALGO IS SO BULLISH, it's forming not one falling wedge but two wedges (technically bullish patterns) 😀...No matter how you look at it it's bullish, with expectations to reach $2.80 min or $3.00 after the breakouts upwards.
Algorand has been on an uptrend lately and topped charts as the best performer coin multiple times. With the price climbing to heights not seen...
ALGO broke out from the Falling Wedge and will move up to 0.75$ in just 3 days.
Accumulate : 0.56-0.57$
Sell : 0.63-0.69-0.75$
Mid-Hold : 0.88$
Stop : Under 0.545$
