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 $0.22. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD...
ALGO has been doing very well the past month or so, and is looking to do even better here shortly. The current wave 5 is generally the most explosive, and largest gaining. Although, the price action looks like it could potentially drop closer to the lower trend line (white line). This line has held very well so far since this uptrend started, and the wave pattern...
Algo is making HH - HL and volume is growing since last one week, quite bullish on this Pair EP:0.273 SL:0.256 TP1: 0.3112 TP2: 0.3209 TP3:0.3302
Falling wedge is bullish pattern (reversal pattern) formed by two converging bearish lines. As you can see in the chart, BINANCE:ALGOUSDT has formed a clear falling wedge patter. If the breakout is confirmed, we can enter the trade around 0.173 After the breakout we can expect a minor correct, however breakout entry should be good and position can be average...
This currency is in an upward trend and there is a good opportunity for the growth of this currency, according to the chart and analysis, you can enter with capital management.
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...
ALGO is set up for what I think is going to be an EXPLOSIVE move to the upside. After the cup & handle breakout I predicted came to pass, and a nice retest of the rim-line, which just occurred, I think we are about to experience an EXPLOSIVE Wave 5 to the upside. Buckle up! Good luck, and always use a stop-loss!
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...
... why would bury trash and give it a tombstone? There is nothing worthy to put on the tombstone of trash shitcoin that died! Algorand is an extremely weak coin. It was over $2 in 2021 and is barely above $0.20 right now, while most other CHAD ALPHA COINS, such as Solana and Cardano, have multiple X'd from their bear market lows. Algorand has no development...
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.
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...
According to my autistic calculations Algorand will trade above $3 somewhere between june and october this year. I don't make the rules... NFA
💎 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...
Losing Dollar Value is one thing. But losing 94% in 2 years vs #Ethereum is a second type of pain That highlights the risk that abounds in #Crypto and the #altcoins Can #Algo start making positive progress now?
Algorand is a decentralized blockchain platform designed to provide a secure, scalable, and decentralized infrastructure for the development and deployment of decentralized applications (dApps) and financial protocols. Founded by Silvio Micali, a Turing Award-winning computer scientist, Algorand aims to address some of the key challenges facing existing blockchain...
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...
💎 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...