ALGORAND FUNDAMENTAL BUY ZONEAlgorand has bounced successfully from the $1 psychological buy zone in confluence with the fundamental demand area.
This token has a use-case for instant payments with low commissions and rewards through staking. Several payment processors such as NYSE:V & NYSE:MA have shown an intensive interest in this asset since last month. This fact causes the $1 level to be detected as a good buying opportunity, as it is considered reasonable for a token that could be used to pay for goods and services. Its low market capitalization could be a trigger for a very profitable opportunity in a long-term approach .
You should monitor this token, as it is a bit risky to enter while bitcoin decides its next move.
However, we recommend taking advantage of these investment ideas using the DCA (Dollar Cost Averaging) strategy. So that unpredictable dumps or bad timing wouldn't be a problem when entering excellent opportunities.
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Have a good day, Alkalites.
Algorand
Algoran por explotarAlgo está a punto de reproducir el mismo movimiento que tuvieron xrp, ada y iota..
Objetivo= 1,70
ALL GO RANDPhase D: If we are correct in our analysis, what should follow is the consistent dominance of demand over supply. This is evidenced by a pattern of advances (SOSs) on widening price spreads and increasing volume, as well as reactions (LPSs) on smaller spreads and diminished volumes. During Phase D, the price will move at least to the top of the TR. LPSs in this phase are generally excellent places to initiate or add to profitable long positions.
ALGO test on $1.48We see that the bearish rectangle pattern broke the trend line, and than on the support line we can see that buliish rectangle formed and its is going up. If we break 1.4844 resistance we can expect going above trend line again.
Algorand ALGO-USD Ascending Triangle - Bullish ScenarioPossible scenarios I am looking at:
1. BO of Ascending Triangle
2. Consolidation before the next leg up to ATH
P.S: This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own risk
ALGO really taking off this time?Not an expert. Not financial advice.
Is the entire cryptocurrency market potentially at Base 3 on a parabolic curve?
ALGO upside targetsALGO has been consolidating range bounded between 1$ to 1.8$ for the last 2 months. Expecting big upside movement if consecutive daily candles close above 1.8$.
Based on the cup pattern and fib expansion from the last impulsive wave it could hit somewhere between 3$ to 7$ if BTC remains bullish.
ALGOBTC Massive Broadening Wedge BottomGo google it, it's so classic and obvious that you can't miss it, Silvio Micali is going to launch it!
ALGOUSD - Breaking above 50D MAForming a mis-shapen cup & handle, two recent big pumps but still trending sideways in a consolidation range. Pretty good entry if you're not in already, looking to re-test recent highs. I like ALGO because of the simple 6% interest w/o lock up, long term this should be banger, adoption presently a bit light but big things expected in the future.
ALGOUSDT : Could Algorand Break Neutral Channel?!if Algo Break This Channel and Surpass Resistance at $1.8, Next Targets are At $2.14 & $2.43....
Some Nice Targets on ALGO 1.25 is strong support and I think it will stay above this level if Bitcoin doesn't dumps. $1 and $0.705 is supports.
Targets :
-$1.43
-Upper line of ascending channel
-$1.78
-$2.17
-$2.34
-$2.92
Not financial advice.
ALGO looks BullishI love the project, but regardless of fundamentals, this looks prime for a move, technically, since it's an overall extremely bullish asset long term. The trend will be up; very up.
ALGO Looking BullishAlgorand:
It looks like the local bottom is in and we are now looking bullish, assuming market conditions remain bullish.
Trying to break above the 55 day EMA, and holding the 100 day EMA as support. This is a point of confluence, IF Algorand breaks above the 55 EMA, AND the Resistance web + Resitance Pool then we are confirmed Bullish.
The 2nd Best Day to Buy Algorand, 2017 repeat, start of 2nd WaveIt's all been said and done, Algorand shot up from 23 cents to 1.88, printed a double top and finally met a bottom around 90 cents. It's been slower than initially expected I'll admit, but nothing has changed. Now we're going to flat line and shoot up the next leg up to 5 dollars, correct to 2.70 twice and continue to 17 dollars. Bitcoin on the other hand is printing a very similar pattern to the one it printed last September 2020 and September 2017 when it bottomed around 9800 and 2.8. This could suggest the next 2023 bitcoin bottom is around 52k as it heads towards a million dollars for the first time in human history. If the trend continues as it has so far, expect to see a 300k bitcoin around December of this year and an algo price of 113 Dollars early 2022. Great accumulation phase around 5 to 17 dollars range for months to come, very similar to the time XRP hit 45 cents and accumulated all 2017 after that between 15 to 30 cents. Follow On Course Until Successful. This is the year of the Bull. Massive life changing gains ahead.
Two opportunities to buy low. Double bottom on the 15 minute timeframe followed by a small M coming up next, least you know it, KABOOM!!!!! Buy at 9 pm eastern time today!!!
The most bullish news Algorand has had will be announced early next week. Stay tuned!
