Algorand
ALGOUSDT Cup & Handle#ALGOUSDT
formed a Cup & Handle pattern in weekly chart.
if this weekly candle close above $1.0231 we can expect a new rally to $2.5.
and if it is going to close below this level, then price will continue it's down trend to $0.5 to complete a double top pattern.
Buy AlgorandWho else loves Alrorand?
What a great project with great people behind.
And I love the pure proof of stake!
ALGO/USDT : Pulled back from bullish trendline BINANCE:ALGOUSDT
Hello everyone 😃
ALGO had a pullback from it's bullish trendline.
Now ALGO is facing MA200 so rejection is expected...
Also there is a heavy support zone, Which can be a reversal zone for ALGO.
MA200 and MA100 are above movement after breaking MA200 we may see another rejection from MA100.
How ever They had bullish crossover; But we can count them as a resistance for ALGO !
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
Do You See what I see? Algorand ?Just taking a guess here, but I see the cup and handle pattern in the charts.
When we break the resistance of the handle, we could explode higher to the mid $2s?
What are your thoughts?
Algo: Breaking Back in the ChannelHere's a trade set-up for this gem! Not Financial Advice... CHEERS!
ALGOUSDT : Potentialy Profit Between D&S ZoneALGO Update...
Demand Zone : $0.95 - $1
Supply Zone : $1.65 - $1.75
Potentialy Trade Profit Between This Zones : 75%
$Algo Cup in the makingThis is not a short term play. Pick an entry thats best with the market.
Long term rewards.
$ALGO correction coming to an END.We wicked down and tapped the trend and 0.786 fib perfectly this morning and it may signify the end of the correction for ALGO and all of crypto really.
I think we may get another tab of the trend line & 0.786 fib, forming a double bottom on the lower time frames before a slingshot back up.
Should we break the trend line and close below, we have support at the grey box & the $1.00 psychological level.
ALWAYS ADAPT & CONSIDER ALL POSSIBILITIES.
Exactly perfectly Hello
We hit our short target trade exactly perfectly
Congratulations to everyone who gots profit from this trade
ALGO Is Oversold IMOBased on a long-term trend line I think it's oversold. This is just my opinion and not financial advice =)
Algorand crytical levelHello
$1.39 trendline support
If break down buy zone target is in the chart
1.54$ resistence to break, if come out with volume orders we can hit our high target (in the chart)
Goodluck
Keep holding Algo
#ALGO - will we see a bullish breakout soon?Hey folks, still on the run with ALGO.
Momentum is on our side as we see a positive trend on the MACD and RSI chart.
Still in a ascending channel and we expect to see a breakout soon.
What are your thoughts? Will we breakout bullish?
Take care guys
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Disclaimer: Just a traiding idea, no financial advice.
ALGO Drop Holds TrendlineHrm. Identifying range values for accumulation but otherwise chillin on this one. Need more time.
ALGO taking off 2Guys, it's pumpseason and I would say that the Algorand is going to have another pump soon ! 🛫
Once ALGO gets above the upper boundary of this triangle, I think there will be chance for run to 2.41 and even more. Just bought now @ 1.478
SL : local low
TARGET : height of the triangle projected from midpoint of the local range (BUY - SL)
RRR : 7.6
INVALIDATION : when SL level hit
Like & Enjoy!
PUMPS AND DUMPSIs every pump followed by a dump? IDK but tell me what you think.
Not financial advice =)
ALGO/BTC going UP 👌This setup has been YEARS in the making.
STOCH RSI on weekly about to break above 80 - "money zone"
Tech unmatched.
ETH at new ATHs.
The stage is set.
Comment your thoughts below!
#ALGO, Can #Algorand push higher?A quick look at #Algorand (#ALGOUSDT, #Binance, 4HR):
Price broke the upper resistance of the triangle pattern on March 29.
Since then, it broke the $1.47 resistance, flipping into support (S1). If S1 holds, price can try to break R1 and push the price higher.
If S1 does not hold, price might go back down and try to rebound from the EMA200/S2.
If you want to read more about Algorand on CoinMarketCap, click here .
What do you think?
Still learning here, so any constructive feedback and positive vibes to improve my analysis are welcome.
But if you enjoy my chart, please like, comment or follow me. :)
Thank you and Happy trading!
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Needless to say, this is not financial advice!
Algo: With a MicroscopeJust an update on a previous idea... seems be be playing out so, I would personal like to set longs with tight stop losses. Not Financial Advice... Cheers!
