#ALGO, Showing the biggest volume activity since May#ALGO
Showing the biggest volume activity since May as its trying to bounce from lowest value since 2020
Both 2D/3D Buy signals from the UCTS already in the charts
taking a small position here & watching how it develops because I'm still a little skeptic about any relief rally
Algo
ALGO Algorand text book styleAbsolutely bullish setup as long at the 0.279 low is holding.
1) Big Falling Wedge
2) Some side way action for accumulation
What next?
Most likely some 3-9x run.
Whether corrective or impulsive we shall see
Hold my beer pls
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No financial advice, do your own research, don't be stupid
Algorand looks ready to trigger its inv h&s patternAfter doing a fakeout above the yellow neckline we now have price action for king above the white neckline….not sure which one will be the most valid but if the white neckline reaches its target they both do. I imagine it will be retesting the 1day 200ma before too long. *not financial advice*
EURAUD long set up in progress 💶🦘EURAUD long trade has alerted this morning.
Trend trade identified and entered.
Working H1 timeframe on this strategy.
Trade details can be found on the chart in printed label.
Working to TP targets on the printed label.
Trade box is tracking the trade.
This 1:2 RR trade needs to find 121 pips for desired TP target.
Want to know how I identified this trade you know what to do.
Thanks for looking
Darren🙌
Algorand #ALGO - better not lose FIB golden pocketAlgorand currently at FIB golden pocket between $0.3118 - $0.3487
Next lower volume profile support at $0.2271 - losing that FIB 78.6% at $0.1939 is the typical last Crypto support
A bullish divergence on RSI might help ALGO for a recovery soon IMO
COMMENTS & FOLLOW appreciated
*not financial advice
do your own research before investing
Reaching the first target in ALGO/USDT ✌😏Hello 😀
In the daily analysis of this cryptocurrency, which we mentioned in the post, after this cryptocurrency was supported in the support area of $0.28, the price was able to break its dynamic trend line (Dynamic Trend) upwards, which is followed by a pullback. It was able to reach its first target of $0.345.
If the price is still above its dynamic trend line, it has the ability to target $0.36 and $0.38 (resistance zone).
Also, with the loss of the all-important support area of $0.27, the price is expected to react to the $0.25 and $0.22 levels.
Arztoday Team 🌈
Analyzer✍: AR.Rashidi
Algorand (ALGO) - September 20Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(ALGOUSDT 1W Chart)
The key is whether it can rise above the 0.3310-0.4478 section.
(1D chart)
The price needs to remain above 0.3099 to transition into an uptrend.
In order to continue the uptrend, it must rise above the 0.3642-0.3872 section.
If not, there is a possibility that it will fall to around 0.2140.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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Algo fundamentalALGUTAND TEITIEM FIFA Launches NFT Platform on Algorand in Run
- Up to World Cup ! ...
With the 2022 World Cup just months away , FIFA , soccer's global governing body , has announced it will launch an NFT platform for soccer - themed digital collectibles . " Just like sports memorabilia and stickers , this is an accessible opportunity for fans around the world to engage with their favourite players , moments and more on new platforms , " said FIFA's Chief Business Officer Romy Gai , in a statement . so funda says , Algorand is now an apt option for possible growth , even in this bearish market for couple month ahead !
Technical POV :
Although I've already analyzed Algorund on the weekly timeframe before , but also in the daily perspective , we can see more obviously , ALGOUSDT is trading on a support zone and struggling with a descending trendline , so if holds this current lvl and breaks out this line then can see higher prices and Resistance zones !
Good luck with your trading and investing and remember : Trade smart ... OR JUST DON'T TRADE !
I emphasize that this will happen if the analysis of the fund shows a reaction and is welcomed by the people, and there are still problems from a technical point of view
ALGO/USDT Analyst Daily 😮Hello to the respected members of Trading View🥱
ALGO daily time frame cryptocurrency analysis (logarithmic chart)
In the daily time frame, we see the candle closing above the red trend line, and the price has also reacted to its static support area of $0.31.
If the price stabilizes above the support area of $0.31, it will have the ability to realize the targets of $0.345, $0.36 and the resistance area of $0.38 (mid-term).
Otherwise, with the loss of the static support area of $0.31, we expect the price to hit the red trend line and also react to the green area of $0.27 daily.
Arztoday Team 🌹
ALGO/USDT
(Trend Line)
As the name implies, trend lines are levels used in technical analysis that can be drawn along a trend to represent either support or resistance, depending on the direction of the trend. Think of them as the diagonal equivalent of horizontal support and resistance.
Notice how shortly after breaking trend line resistance, the market came back to retest the trend line as new support and formed a bullish pin bar in the process.
This allowed price action traders to buy just before the market rallied for up trend
Algorand (ALGO) - September 4Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(ALGOUSDT 1W Chart)
The 0.3310 point is an important support and resistance point, and whether we can move higher than 0.3310 is crucial.
(1D chart)
It is mixed, so you need to be careful with your trade.
Therefore, it is necessary to confirm whether it can be supported by rising above the 0.3310 point.
- In order to continue the upward trend from the current position, it must rise above 0.3601.
- For those who are investing in ALGO, we recommend that you take the time to trade to increase the number of coins (tokens) you have.
From a mid- to long-term perspective (at least 6 months to 1 year or more), a large uptrend is expected.
------------------------------------------------------------ -------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
Algorand (ALGO) - August 23Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(ALGOUSDT 1W Chart)
The key is whether it can rise above 0.3310 and find support.
(1D chart)
If it does not rise above the 0.3099-0.3310 section, there is a possibility that it will fall to around 0.2140.
- Since the RSI, Stoch RSI, and CCI(9) indicators have all entered the oversold zone, if they start to break out of the oversold zone, it is likely to lead to a big rise.
To do that, you need to find support at or above the 0.3099-0.3310 range when you break out of the oversold zone.
If it doesn't and it's finding resistance as it is now, it's likely to lead to further declines.
------------------------------------------------------------ -------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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ALGO higher prices are not too far to touch#ALGO/USDT
$ALGO is inside uptrend channel and price is above the middle line.
🐮 so there is a high probability that price extends its upward move to touch upper line of the channel that is the same with resistance zone above $0.4.
🐮🐮 In the long-term, a break out from the weekly resistance zone will increase price toward $0.56.