Algo coin should rise if it should rise soon. The graphic pattern looks pretty bull
ALGO/BTC Chart Analysis: as I told you if we hold this Support I will buy more. But unfortunately it was dumped bellow support level so I was exited from this trade but now again I am entering this trade. I am looking bullish on ALGO/BTC. I am trying to buy between 2100-2200 Satoshi. because 2000 satoshi is very strong Support. and one more thing for...
#ALGOBTC TA Update: Current Price of ALGO/BTC is 2300 Satoshi. And last update I told you to buy at Support and I bought at perfect entry at support. #ALGO Finally I bought at strong Support and waiting for Bounce from here. I think this is very good Entry. best Entry according to me 2200-2300 Satoshi. Stop loss: if any candle close bellow 2100 Satoshi then I...
#ALGOBTC TA Update: Current Price of ALGO/ BTC is 2050 Satoshi. And last update I told you to buy at Support and I bought at perfect entry at support. But unfortunately Support Level Broke down and Now ALGO/BTC is bearish Mode. My Entry 2100-2250 Satoshi. Stop loss:i told you if any candle close bellow 2100 Satoshi then I will exit with minor loss for safe...
Now amidst all the uncertainty and fear with the upcoming halving, I leave the possibility of anything happening open, and advise that you be careful and always use proper risk management when trading! If using a sound risk management strategy, I think that certain alts (particularly the most promising ones - like algo) are looking favorable. This coin has bled...
#ALGO/BTC TA Update: #ALGO now at strong support we can expect bounce back form here. if we lose this support then Bearish for Mid term. I am buying some with tight Stop Loss. if any candle close bellow 2200 satoshi then I will close this trade. But ic an expect we can see bounce from here. S: 2250 Sat R: 2913/3360/4011 Sat please like and follow me for latest...
ALGO reminds me of the current BTCUSD, but much lower. It has almost the exact same waves, but goes x2 when BTC goes x3.
COINBASE:ALGOUSD Is making a bullish bat pattern. Putting my bids there. Great pattern making gains every day ;)
ALGO/BTC If ALGO will repeat the history to form a bottom at the same area of support, we could see a potential rally up to 4000 sats region. The RSI is also painting a bullish divergence that perfectly coincides with the current price level and area of confluence. This is a good setup to play a Long position and have your stop-loss placed under 2250 sats.
Daily Looking at our trend timeframe we see ALGO continues in a minor downtrend since forming our head and shoulders pattern. Stochastic RSI showing momentum is in favor of the bears however it does look tobe slowing down. The last (2) daily candles do show some exhaustion with their wicks, possible we get a reversal at this level. 4Hour Shifting over to our...
Daily Looking at our highest timeframe we see ALGO has formed a head and shoulder (H&S) pattern and is currently testing our dynamic support at $0.30. Stochastic RSI showing momentum is in favor of the bears with no signs of slowing down. A bounce off this level invalidates this (H&S) however we would still need to close above $0.3200 to continue towards the...
Daily Looking at our highest timeframe we see ALGO has remained in its uptrend since the beginning of February, although we are in a minor correction. Stochastic RSI showing momentum has formed a double bottom and the bulls are in a slight pause. Our (2) most recent daily candles are showing some wicks, could be an early sign of the bears getting exhausted. A...
Daily Looking at our highest timeframe we see ALGO testing our dynamic support(uptrend) stochastic rsi showing momentum is in favor of the bears with no signs of reversal. ALGO formed a higher high with a daily close at $0.50 taking out our previous higher high at $0.40. Since making a new high the price has remained in a minor downtrend and is now looking for...