Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (ALGOUSDT chart) The key is whether the price can be maintained above 0.1093 and rise above 0.1718. (1W chart) In order to escape from the bottom section, the price must rise above 0.1718 and...
Updating my long position on ALGORAND. So far so good, that's what i want to see to continue the good uptrend. In daily TF we are in strong bull trend. Big support (big rectangle) and small resistance to breake.
It looks like a diametric finished. After this bullish diametric I expect another bearish pattern to complete to the downside. You can look for sell/short transactions in the red box. I specified the invalidation level, closing one 4-candles above this level will violate the analysis For risk management, please don't forget stop loss and capital management When...
Hello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (ALGOUSDT chart) (1M charts) The key is whether the price can be maintained by rising above 0.1098. (1W chart) Since the volume profile section spans 0.1881-0.4253, the key is whether it...
Strong price support level here at .0916 (my entry price) SL will be .085 Target .1227 RR is 1.5 Not fin advice. Entertainment only. Stew
The PCT Rank topsbottoms indicator has turned dark green, light green to white which tells that the momentum has turned to the upside. On the 9th July support was created The stochastic RSI Although high is forming pattern of upward direction. The MFI/RSI has been oversold since the 14th of March. watch for it to get out of that area. how much Algo do you...
Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ALGO symbol. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Hi dear friends, hope you are well and welcome to the new trade setup of Algorand (ALGO). Our last successful trade of ALGO was as below: Now on a 4-hr time frame with Bitcoin pair, ALGO has formed a bullish Shark move, at the moment after the completion of final leg the priceline is slightly moved up, therefore, we can wait for some correction. Note:...
Algorand - A long term opportunity? - Oversold RSI on both BTC and USD pair - Clear bounces off lower channels - 96%+ correction to date on USD pair and 93% correction on BTC pair A long term 18 - 24 month position could be considered here, I'm not recommending it but the chart looks like its getting exhaustive. I'm stacking sats but might try for a small...
Posting this to see if this will turn out to be true, looks promising, another bullish case for ALGOBTC.
◳◱ A Resistance Breakout has been identified on the SIX:ALGO / CRYPTOCAP:BTC chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 0.00000622 | 0.00000639 | 0.00000677, and the major support zones can be found at 0.00000584 | 0.00000563 | 0.00000525. Consider entering at...
Moment of truth for Algorand. Will it close above its recently re-gained trend line this week and this month? Above .30 with some sideways action would be ideal. Because if it does, it will have quite the bull run. If not, it may need to re-visit 14c and that would delay the structure. But so far so good! Cheers!
Look Who It Is! Friends always ask me: Danial, why do you choose a weekly time frame in your analysis? I say it's correctness for the trend analysis. After all, In this job, Nothing is certain. As you can see on the indicator, the price passes the trendline and back again below the trend. (fake out is shown by a blue circle). Besides, a divergence shows up on the...
◳◱ We've detected a Falling Wedge pattern on the $ALGO / $BTC chart. This pattern is a bullish indication and could indicate a potential trend reversal. The next resistance key levels are at 0.00000826 | 0.000009 | 0.00001016 and the major support zones are respectively at 0.0000071 | 0.00000668 | 0.00000552, We may consider buying at the current price zone at...
Hi dear friends, hope you are well and welcome to the new trade setup of Algorand (ALGO) with BTC pair. Our last successful trade of ALGO was as below: Now on a daily time frame, ALGO has formed a bullish Butterfly move for another price reversal. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss,...
Algorand looks good and I think we can trust it and publicly we see a positive movement in the coming days.
Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (ALGOBTC 1W chart) There is no power of ascension itself. So, after March 13th, we need to see if it can rise above the downtrend line and rise above 0.0000 1448. In order to dissipate the...