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
Let's take a look in details globally and locally for BINANCE:ALGOUSDT.P Why do i think the chart now looks more bullish than bearish! Potential targets for long and continuation! Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in...
On the daily chart for Algorand (ALGO/USDT), ALGO appears to be in a downtrend, as highlighted by the descending trendline. The price has recently faced rejection at this trendline and is currently trading at $0.1994. There is a crucial support level (S1) at $0.1319, which could be an area of interest for buyers. Resistance levels are established at $0.2846 (R2)...
Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Everything on the chart. (update) Got complicated in wave of (ii), but in midterm nothing has changed from my last idea. Entry: (im in pos from 0.184) Targets: 0.34 - 0.46 - ~0.7 after first target reached move ur stop to breakeven Stop:...
Trade setup : Trends are mixed. Bullish breakout (with huge volumes) from a Channel Down pattern signals resumption of uptrend, with upside potential to $0.25 near-term and if broken, even $0.30. Pattern : Price was trading in a Channel Down pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate...
ALGO must have gotten a little jealous of HBAR because it's breaking out now too! 2 Da Moon!
Tell me who gave you the EURONEXT:ALGO thing 3 days ago? Who is giving you these pump alerts before with chart proof? Only AqeelOnline!! Check every trader here and tell me if anyone else is predicting the right things again n again everyday, and if there is any? Do comment me I would love to follow him/her You are simply not an ordinary place My Friend. Just...
seems like algo getting ready for another bullish wave trend is already up and now breaking bullish flag too expecting successful breakout and incase of successful breakout expecting 70 to 75% bullish wave in coming days keep eyes on algo for successful breakout
Traders, get ready for a potential game-changer with ALGOUSDT! 🚀💰 🔍 Strong Support Zone: We're eyeing a robust support zone where buyers are showing a strong reaction. It's highly probable that they'll step in again. Remember the last time? It sparked some impressive movement! 💡 Trade Strategy: With the potential for a 1 to 10 trade, this setup could be a golden...
Trade setup : Price remains in an Uptrend. After making another Higher High (~$33), which is a sign of Uptrend, price is consolidating in Descending Triangle pattern. The pattern is coming to a pinnacle, which means price is about to breakout. We wait for a breakout that would signal the end of consolidation and a resumption of uptrend. Bullish breakout could...
#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...
BINANCE:ALGOUSDT (1D CHART) Technical Analysis Update ALGO is currently trading at $0.2276 and currently in consolidation phase. Price has formed a nice triangle pattern. If the price breaks out from the resistance line then we have a good opportunity for long trade. If the price breaks down then the next support is around 0.15 Entry level: $ 0.24 Stop Loss...
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!
💎 Paradisers, let’s delve into the intriguing movement of #ALGOUSDT. Currently, it’s retracing and meticulously retesting a critical support level at $0.2162. This level holds immense importance, and its ability to transition from a retest to a firm support could be a bullish signal. 💎 After successfully breaking out of a descending channel, the price of #ALGO is...
ALGOUSDT Implementing Dow Theory 4 hours candle analysis #dowtheory #algousdt #cryptoanalysis
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 $0.215. Trend : Downtrend on Short-Term basis and Uptrend on Medium- and Long-Term basis. Momentum is...
ALGOUSDT is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH. What you guys think of this idea?
This is a weekly technical analysis for educational purposes on ALGOUSDT. I believe that Algo will revisit the same levels and will be widely discussed during the altcoin bull season. I may be wrong. :) Regards,