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...
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...
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.
#ALGO Price Update: After a successful breakout from a zone marked in green, we will see massive gains. We could take entry after 4 hours candle close above the marked zone. Always use stop-loss. Everything is on the chart.
ALGO / USD ⌛️Potential head and shoulders breakout (pending) ✅Above 200 SMA ✅Moderate Rising Volume 🎯H&S Target aligns with 0.618 Fib Ext & prior resistance levels (Targets are never guarantees) #Algorand #AlgorandNFTs EURONEXT:ALGO
Trade setup : Following a bullish breakout from a Falling Wedge pattern, price resumed its Uptrend. Now it broke above $0.25 to signal continuation of that uptrend, with +20% upside potential to $0.30 near-term and $0.35 mid-term. Stop Loss (SL) level at $0.225. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish (MACD...
Looking Bullish For Coming Months Descending Channel Breakout Has Already Confirmed Quick Retest Going On Now Testing Horizontal Resistance Too Once Horizonal Resistance Got Cleared Too Massive Bullish Rally Can Start Expecting 300-350% Bullish Wave Incase Of Successful Breakout
ALGO ~ 1W 📈 #ALGO Forms H&S Pattern at larger times. We expect a Break of the Resistance line on this pattern. which would confirm the Bull is coming soon. Make purchases in stages here, with a minimum target of 20%++
ALGO is currently holding a significant support level following a recent correction, showcasing potential for another upward move. Considering the favorable conditions, exploring a long position in this zone seems promising for a ride towards the next two red zone targets. As always, prioritize effective money management practices and incorporate a strategically...
People are jumping with joy today as FLARE has made a more than 300% in gains as of late, but when you see what ALGO is about to do, you won't give a second look at FLARE again. Not to put down FLR, I hold a bag myself, but only to use it as a comparison. Just taking a gander at this chart, even the most rudimentary of assessments come to realize really quickly...
💎 ALGO has been drawing considerable attention in the market lately. Currently, ALGO is on a downward trajectory, heading towards the demand area at 0.1550 for a retesting phase. This move follows a significant breakout and subsequent rejection at the Bearish OB area. 💎 If the retest proves to be valid, ALGO needs to bounce back from this demand level to resume...
1D time frame - We are currently gaining almos 60% profit from ALGO since last entry on Jan 27, as below. - Furthermore, ALGO is breaking above the neckline of this potential head and shoulders structure, which means here is an opportunity to add positions or set up a new trading plan. - TP: 0.4 / 0.45 SL: 0.215
On ALGO, we have a diamond diametric, and it seems that we are now in the E wave of this diametric. On the green box, it is expected that the F wave will end and we will enter the bullish F wave. The targets are clear on the chart Closing a daily candle below the invalidation level will violate the analysis. For risk management, please don't forget stop loss...
We can see as is common with most cryptos, the Algo went back below the purple trendline after its 1st initial breach above the purple channel. Now that we have broken above again and retested that line as support probability increases significantly for it to validate the breakout this time around. So I have posted an updated chart with the measured move line...