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Algorand

ALGOUSD Potential Golden Cross can send it to 0.800.Algorand (ALGOUSD) is having an impressive rise since November 02 where after a small pull-back, successfully tested the 1D MA50 (blue trend-line) as a Support. Yesterday it even broke above the 1D MA200 (orange trend-line) for the first time since January 13 and that is on its own a major bullish break-out. However on this chart we want to focus on the emerging Golden Cross pattern on the 1D time-frame (when the 1D MA50 crosses above the 1D MA200). A potential new Golden Cross, can have the immediate "rally effect" of those that took place post 2020. As you see there have been three occurrences (July 15 2020, January 07 2021 and September 21 2021) all posting similar MACD patterns as today's. As you see the rallies that followed the Golden Crosses have been very aggressive. For better illustration and comparison purposes, we have put them all inside a table. Those of July 2020 and Sep 2021 have been on similar magnitude while Jan 2021 has been a bit stronger. Assuming a similar rally takes place, ALGO could reach as high as 0.800, which is around the May 08 High (Resistance 2). Of course we need to consider 0.5100 and Resistance 1 as well. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
BINANCE:ALGOUSDLong
by TradingShot
5
🚀ALGO : THE START TO NEW HIGH :THE FOOTBALL TIMES COMING!It's a very interesting time for ALGO As the world football cup will start soon about 15 Days from now. I did study time ago this coin, not only the partnership with FIFA did make me interested in this coin, but also the technical side of price action. When it's the world cup the Feeling comes back, and people will check more FIFA and trends. As there are high sponsor and ads trends that are going to happen on ALGO and FIFA will support this and all details are added on the original FIFA website, expecting that ALGO will have a high background on this trend, which can add ALGO INTO NEW HYPE. The most important first target is $0,76 followed by a trend that can increase above $1.20 USD , and the most important target that this coin can become is 2$ At the time of a football match, the goal is that ALGO will get promotions. And worldwide it will become more known as the Blockchain FIFA use. Expecting with the coming days as we are going to FIFA times, this coin will become more interesting, and more known. ( as most even don't know) Know that this is not a guarantee, but it looks possible. Will follow ALGO coming time to see the trends. Target 1 Have nice FOOTBALL days coming time, and if your country plays, good luck! This is our view, do always your own study.
Long
by Goldenbreakout
5
✅ALGORAND : THE HIGH EXPECTING BEFORE STARTING THE WORLD CUP! $2ALGO seems at this time and coming time even the best coin to have before the match of FIFA 2022 There is a big deal with FIFA and sponsorship, read more about it on google This coin can even go with the marketing of 2022 with WORLD CUP even above 2 USD. The 2022 World Cup will begin on Sunday, 20 November and ends on Sunday, 18 December In short term, there is a high chance for a breakout. They have promotion plans. see google for more info, in the time of the start of World CUP this coin can become very bullish, even if the BTC breakdown, is the same as before.
Long
by Goldenbreakout
2
Algorand (ALGO) - November 5Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (ALGOUSDT 1W Chart) The key is whether it can be supported by rising to the 0.4253-0.6132 section. (1D chart) The key is whether it can find support near 0.3853 and move above 0.4253. If it doesn't, it is likely to drop to around 0.3421. A volume profile section is formed over the section 0.4253-0.6132. Therefore, if it rises above this section, it is expected to show a full-fledged upward trend. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator contains indicators that indicate support and resistance points. ** HA SRRC indicators are expressed as StochRSI(line), RSI(columns), CCI(bgcolor). ** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100). (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.) ---------------------------------
by readCrypto
I spy with my little eye, something beginning with the letter AThis is a very contrarian take because on one hand we have 14 root causes for inflation: 1. Unlimited economic growth triggers Natural resource depletion since 2014 2. Expanding middle class in emerging economies since Brexit and Trump 3. Populism, polarization and uncertainty 4. The Great Reset (COV-ID-19) 5. The Federal Reserve printing 6. Insider Trading 7. Systemic devaluation of local currencies in emerging economies 8. China's zero covid triggers Inflationary Supply Chain Shocks 9. Russia and Ukraine war 10. Gas crisis in Europe 11. Evergrande's Real state collapse 12. Volatility & Bankruptcy: Credit Suisse & Deutsche Bank 13. Economic Trade Wars and World War 3 forsee a total collapse 14. Extreme weather triggers Water Scarcity And on the other hand we have: 1. High Employment rate and Job offers booming 2. Putin losing the war and could suddenly withdraw 3. Japan Intervention 4. UK's prime minister Liz Truss quit 5. Saudi Arabia is Interested in Joining the BRICS 6. Mainstream Propaganda is being excessively negative lately 7. We're probably not at the end of a big 100 year cycle but probably back to the 80s 8. Latinamerica flipping left wing except Uruguay 9. Big demographic change means big wealth transfer from baby boomers retiring to millenials 10. Crypto market maturing still pending Ripple's lawsuit resolution 11. Japanese intervention 12. Countries deglobalizing There are many paralels that pinpoint to 3 historic macroeconomic moments in history 1. The Great Inflation between 1962 (Cuban Missile Crisis, gold run of the 70s, end of gold standard) and 1980s (end of cold war) + (highest point of dxy in history) + (recession) 2. Another dotcom bubble brewing trigering a burst by a false flag attack like 911, (think 1997, think a president dies, think a small nuclear blast is detonated) 3. The roaring 20s after a war in the middle east (similar to WW1), followed by a pandemic (think 2020), followed by a recession (probably already priced in), followed by a period of hyperinflation in 23, followed by an explosive roaring 20s preceding a great depression anywhere between 2026 and 2029 before a welcome to 2030 wef scenario. All three scenarios have one goal in common, to introduce digital currencies this decade while gradually outlawing cash by 2030. We see countries already introducing x-road models, legal frameworks, aligning transportation and many other sectors to a digital biometric ID, while testing covid blockchain passports, and at the same time we've witnessed under the radar blockchain companies slowly building up partnerships and laying low for now. OMFIF was very revealing, so were a few banks that decided to partner with Ripple, now it's a waiting game. What will the future hold, will Saudi Arabia trigger a dollar collapse? Will Crypto get regulated? Will promising projects survive? Will Algorand become the Naga 2.0, or will it finally catch up to other alts that had a run in the last 2 years? A lot of uncertainty and fear still remains, but a contrarian suprise move could leave 2018 enthusiasts and doomsayers behind. Too soon to tell, but be on the lookout, this could be a 1997 scenario.
by axelrodd
5
ALGORAND - FIFA WORLD CUP ⚽️🏆Just an updated chart and renewed interest in previous idea : We live in the age of marketing amongst other things... including Blockchain. I like to buy the news at the right level, based on my chart. ALGORAND chart today looks like this could be the time. After all i was short when most were buying those Fifa news earlier than they should had: ALGORAND - 0,519 is MAJOR Resistance FIFA WORLD CUP: As you probably already know FIFA has teamed up with blockchain technology company Algorand to agree a sponsorship and technical partnership deal. The agreement means Algorand will become the official blockchain platform of FIFA and provide the official blockchain-supported wallet solution. As per the sponsorship agreement, Algorand will be a FIFA World Cup Qatar 2022™ Regional Supporter in North America and Europe, and a FIFA Women’s World Cup Australia and New Zealand 2023™ Official Sponsor. Blockchains allow non-editable data to be permanently recorded and distributed on digital networks, while also facilitating innovations and ensuring safe, untampered exchange of value and assets such as non-fungible tokens (NFTs), and through blockchain-enabled wallets holding digital assets. As part of the agreement, Algorand will also assist FIFA in further developing its digital assets strategy, while FIFA will provide sponsorship assets including advertising, media exposure and promotional opportunities. On the occasion of the announcement, FIFA President Gianni Infantino said: “We are delighted to announce this partnership with Algorand. The collaboration is a clear indication of FIFA’s commitment to continually seeking innovative channels for sustainable revenue growth for further reinvestment back into football ensuring transparency to our stakeholders and world-wide football fans – a key element of our Vision to make football truly global. I look forward to a long and fruitful partnership with Algorand.” Take it easy but watch out for the potential breakout. One Love, The FXPROFESSOR PS. Don't forget about this: ALGORAND- Dancing with El Salvador 🕺 and also remember to always take profit on time... One Love, The FXPROFESSOR
Long
by FX_Professor
4
TOKENS RELATED TO FIFA WORLD CUP 2022 🏆Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As the World Cup 2022 gets closer, here are the tokens that I believe will get more exposure in a way or another. I have got three tokens on the list for now. Please let me know if you are aware of any other tokens to add it in the update section of this post. 📌 CHZ - Chiliz 🗒About CHZ: CHZ is an ERC-20 token that runs on an Ethereum-based Chiliz blockchain. The token serves as currency that allows users to purchase NFTs at Chiliz' Socios fan token marketplace. There would be no CHZ token without Socios. ChiliZ token (CHZ) is the official, exclusive utility token that operates on the Socios.com fan voting portal. Using this platform, sports and e-sports enthusiasts can participate in the management process of their favorite teams, leagues, games, and events. 📉Technical Analysis: CHZ has been stuck inside a big range in the shape of an inverse head and shoulders pattern. For the bulls to take over from a long-term perspective, we need a weekly candle close above the gray neckline (around 0.3) which is also a support and resistance zone. Meanwhile, as we approach the green support again, I will be looking for short-term buy setups. 📌 ALGO - Algorand 🗒About ALGO: FIFA has teamed up with blockchain technology company Algorand to agree a sponsorship and technical partnership deal. The agreement means Algorand will become the official blockchain platform of FIFA and provide the official blockchain-supported wallet solution. As per the sponsorship agreement, Algorand will be a FIFA World Cup Qatar 2022™ Regional Supporter in North America and Europe, and a FIFA Women’s World Cup Australia and New Zealand 2023™ Official Sponsor. Source: www.fifa.com 📉Technical Analysis: ALGO has been stuck inside a horizontal range for a while. Thus, for the bulls to take over from a long-term perspective, we need a momentum daily candle close above the upper bound of the range (gray zone) around 0.425 Meanwhile, as ALGO approaches the lower bound of the range, we will be looking for short-term buy setups on lower timeframes. 📌 CRO - Crypto.com 🗒About CRO: FIFA has announced that Crypto.com will be an Official Sponsor of the FIFA World Cup Qatar 2022™. Founded in 2016, Crypto.com today serves more than 10 million customers and has over 4,000 employees across its offices in the Americas, Europe and Asia. The company, which is built on a foundation of security, privacy and compliance, is designed to accelerate the global adoption of cryptocurrencies through its service offerings. Crypto.com will activate its official sponsorship of the FIFA World Cup Qatar 2022 in many ways, including by providing opportunities for new and existing users to attend matches during the tournament or win exclusive merchandise. Source: www.fifa.com 📉Technical Analysis: CRO is retesting a long-term support zone in green so we will be looking for buy setups on lower timeframes. For the bulls to take over from a long-term perspective, we need a momentum weekly candle close above the last major high in gray around 0.17 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
COINBASE:BTCUSDLong
by TheSignalyst
80
Algo pump before World Cup in Qatar?BINANCE:ALGOUSDT ✅Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it. Thank you. Algo is official partner FIFA, and in next month we will see major football event last 6 years. And its first time we will see World Cup championship in Qatar and in autumn (before it always was in June) The idea is, hype around Algo and coins like CHZ bring a lot of attention to this coin. Possible Targets and explanation ➡️Since January step by step big players accumulate ALGO (you can see on Direction indicator) ➡️We trade in -0.27 zone by fib ➡️More than 230 Days in accumulation phase ➡️Got a not strong but first signal to buy on D1 timeframe ➡️Marked first possible target to take profit. ➡️Daily downtrend line retested. 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 trading. This idea was made for educational purposes only not for financial Investment Purposes. * Look at my ideas about interesting altcoins in the related section down below ↓ * For more ideas please hit "Like" and "Follow"!
Long
by Crypto4light
6
ALGO - Wait For The Bulls!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. DAILY: Left Chart ALGO has been stuck inside a range for a while. For the bulls to take over from a long-term perspective, we need a break above the upper gray area (upper bound of the range) Meanwhile, as we are approaching the lower bound of the range, we will be looking for buy setups on lower timeframes. H4: Right Chart From a medium-term perspective, we have been bearish making lower lows and lower highs. For the bulls to take over, we need a momentum candle close above the last major high marked in green. Meanwhile, until the buy is activated, ALGO can still trade lower till the gray zone where we will be looking for new buy setups. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
BINANCE:ALGOUSDLong
by TheSignalyst
6
Algorand (ALGO) - October 18Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (ALGOUSDT 1W Chart) The key is whether it can rise above the 0.3310-0.4253 section. (1D chart) The key is whether it can be supported by rising above the 0.3310-0.3425 section. In order to continue the uptrend, it must rise above the 0.3722-0.3938 section. If it goes down, you should check to see if it finds support at the 0.2865-0.3091 zone. The 0.3310 point or lower is most likely a mid- to long-term investment area. Therefore, it is important to keep the price above 0.3310. However, since the volume profile section is formed around 0.4253, it is recommended to trade from a short-term perspective until it rises above 0.4253. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator contains indicators that indicate support and resistance points. ** HA SRRC indicators are expressed as StochRSI(line), RSI(columns), CCI(bgcolor). ** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100). (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.) ---------------------------------
by readCrypto
1