Hello, friends! 🫶Today I'm here with an interesting coin!😉
Algorand (ALGO) is a blockchain platform and cryptocurrency created to improve scalability, security, and decentralization in blockchain networks. Founded by Silvio Micali, a professor at the Massachusetts Institute of Technology (MIT), Algorand aims to provide high performance and fast transactions...
A confirmation of a VERY VERY huge accumulation occurring on ALGOBTC as THE BIGGEST VOLUME OCCURING ON THE LIFETIME OF THE CHART RANGE IS OCCURING ON THE CURRENT LEVEL (which is in fact the lowest of the range!).
This may be the spring to the huge cycle.
This is the monthly chart. The move I'm expecting would be after years. I would accumulate this asset...
had a long discussion with my algo buddy who insists this is going to change the world and has a lot of partnerships
not sure about its bull run top but $2.5 flip would be the zone to watch out for when we do start melting faces
as for now imo 72c above is where this bubba goes crazy but for now btc pair looks to have reclaimed previous range low as long as it...
Algo has a lot to climb but there's nothing more than time,
latest retirement target @ 400% where there are multiple levels to bet tapped,
Before this, there might be still some down ish accumulation price action .
We can observe a successful world cup campaign for algorand in a bearish market causing furthur downtrend in the price. currently boucing around 11cents. Algorand has the potential to pull a 100x from its bottom over a long enough period of time.
current situation is bullish for Algorand for a 7 to 10 x increase in price.
I believe we have some solid gains to be made.
The pressure of the move down will create a spring back.
Could be like buying BTC at $19.... My pops said it was going to zero back then lol.
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 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:...
◳◱ 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...
As we can see ALGO is preparing for a huge move after a long bear market. Bullish divergence on D1 inside of a falling wedge, can't be more bullish than now.
Algo track record against BTC was nothing less than horrible along last year.
It's now nearing the apex of a huge falling wedge and not far from its key 0.00007 static support.
Will buy the way down to such mark and evaluate back in roughly six months.
Aiming to 0.000018 (2.2x), 0.000021+ (3x) eventually.
