#ALGO The price is moving in a bearish channel pattern on the 4-hour frame and sticking to it well The price rebounded well from the lower border of the channel at the green support level of 0.160 We have a tendency to stabilize above the Moving Average 100 We have oversold resistance on the RSI indicator to support the rise, with a downtrend about to break...
Hello, my friends. Nice to meet you all It's going from BEARISH EXTENDED WAVE to BULLISH EXTENDED WAVE. We expect to break out the upper line of BULLISH WXTENDED WAVE with strong support from ZONE.
# ALGO time 1W currency analysis In the weekly time, the price has reacted well to the most important level of its demand, and we can expect a good long-term growth in the price area of $0.14, and there is a possibility that the price will reach the specified goals.
📊Analysis by AhmadArz: 🔍Entry: 0.1784 🛑Stop Loss: 0.1557 🎯Take Profit: 0.2107 -0.2441 -0.2856 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!
Algorand setup is pretty clear and a continuation of the uptrend is what i expect here. If the support area at $0.19 hold, i think we can run higher and target the resistance area at $0.28
Algorand (ALGOUSD) is having a huge pump today as it smashed above the 1D MA50 (blue trend-line) for the first time since April 01. This rally has been generated after holding and bouncing on the 1W MA50 (red trend-line) for the 2nd time since January 23. This gives shape to a Channel Up, not so different from the one that led the token to its peak during the...
ALGO must have gotten a little jealous of HBAR because it's breaking out now too! 2 Da Moon!
#ALGO The price moves in an inverted head and shoulders pattern The right shoulder is now complete Wall is expected for the upper border of the shoulder We have a higher stability moving average of 100 We have bullish momentum on the RSI and an uptrend We have a current breakout of the channel to the upside Entry price is 0.2500 The first target is 0.3000 The...
The Cup & Handle pattern in ALGO has broken out, and perfectly retested the rim-line. We could see some incredible price gains in the coming months. Good luck, and always use a stop-loss!
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...
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.
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...
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 chart speaks volumes. There is 0 demand for this coin. I believe this coin will soon enter its bearish phase and head towards zero.
According to my autistic calculations Algorand will trade above $3 somewhere between june and october this year. I don't make the rules... NFA
Hi. COINEX:ALGOUSDT ✅Today, I want to analyze ALGO for you in a Weekly time frame so that we can have a MID-term view of ALGO regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). ALGO has formed an inverse head and shoulders pattern. If price followed this pattern and will soon reach...