Algotrading
ALGOUSDT Zoom UP 🔜ALGO is been low key trying to recove r, done pretty well in this regard.
Inverse H&S formed nicely is the journey so far
ALGO is yet to fully realize its potential. Promising future for real use-case.
A few resistance on the way up .
So expect zig-zag dances as we move along
I picked an entry at $1.31
I am bullish on ALGO/USDT
Final target seen in chart. Might be hours or days. This coin moves steady, no hype!
Symmetrical triangle already gave way
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FMC Trade with MOUNT Germany 30 Quant SystemTrading is Waiting - Quants have a lot of time and wait until they the setup fits their requirements.
Traderama uses quant based "buy the valley" strategies for equity trading. This is an example, that the best returns will be achieved if you find the bottom and trade the bounce.
This trade example is a result of the MOUNT Quant System
Algorand has been amazing... But there is more to come !We are monitoring ALGO since the beginning of it's bullish trend at 0.40 cents ... (first analysis of Algo below)
On today’s analysis, we saw that Last week we successfully reached our target 2 (written on the chart) and we closed above the weekly resistance (Blue line on the chart) that has been built since September 2019.
Now we are actually flipping this resistance in to support ... A weekly closure above would be very bullish for the next few weeks.
As there is very little volume on this retest, i am very confident about what will come !
Time will speak!
Patience is a key in this market
The content covered in this publication is NOT to be considered as investment advice.
Thank you all,
If you enjoyed this analysis please mark a thumbs up and do not hesitate to share your point of view in the comment section.
Have a Good day and Safe trade
Butterfly .D
/Metamorphose your portfolio/
CADCHF Daily Long, Algo TradingCADCHF Daily longs. Trade was transferred from MT4 > Tradingview, all indicators aren't present. Keltner + bolly bands = trending, momentum = up, Means the pair is trending.
Volume isn't fully present to enter full risk position (fill 2%, enter with .05%)
QQE signals long
Strength is Long
Pair is Trending.
Mean-reversion SHORT - US100/NASDAQGreetings folks,
The tech index has been rising quite sharply since end of last Friday, forming a few large and strong bullish bars.
A pin was formed, though small, at the upper bollinger band with the default 20 period and 2 standard deviation settings.
My trading system recommends a short at the low of the pin with the SL be at the high of the pin.
The system historically has a 36% winrate with a 12(%/R) returns for the past 132 trades when locking in 2R (or 2x profit to risk).
Cheers
PineConnector
ALGO to 2.67 in the near futureALGO has a great 6%APY and on top has a $2.1B market cap with constant volume at 1.3B range. This is indicating exponential growth with huge incentives. I think this will surpass GRT which has reached ATH of 2.89 at the time of this post. ALGO also has the chance of going as high as $12 by summer time.
ALGORAND / USDT Gaining momentumRemember when i told you that ALGO just came out of accumulation phase on the weekly time frame?
Today we successfully passed our first target!
ALGORAND is gaining momentum and strong volume are supporting this bullish trend. I believe it's a question of days before we smash our Target 2!
Patience is a key in this market !
The content covered in this publication is NOT to be considered as investment advice.
Thank you all,
If you enjoyed this analysis please mark a thumbs up and do not hesitate to share your point of view in the comment section.
Have a Good day and Safe trade
Butterfly .D
/Metamorphose your portfolio/
ALGO, the silent mover, has a lot of room to go UPBeen following this for some time now, and, I think ALGO will surprise us really a lot, its been slowly and steadily building up its bases, this is to be a healthy indication, not some crazy pump and dumps with high volatility, but steady growth from the start indicates strong coin. Targets are in sight. I am a noob trader, so please, this is not financial advice, this is just my theory and practice.
Invest at your own risk, and follow your gut feeling.
ALGO full to the "Brim" with breakout opportunity Great "Cup and Handle" forming on COINBASE:ALGOUSD . Beautiful consolidation within the high time frame liquidity box and just under the major daily resistance at $0.67. This is where I would expect a retest of the daily support to give another opportunity to long from the $0.55 area. That would give us a perfect handle to the cup. However, looking at the chart history how ALGO tops outs, drops, consolidates and then punches through, we are seeing consolidation instead of a drop this time.....maybe it's primed?!?! I think if you wanted an aggressive long, enter here on ALGO with a tight stop at say $0.6179. (watch your position sizing!) If it breaks down, bailout and long the daily retest around $0.55 at a better entry. I will buy this retest as I already have a great long entry. Finally, the more conservative long would be to wait for the breakout of $0.67, confirmation, and then buy the retest of this level.