Algotrading
Bear Boy BotFollow up on the previous bull chart. Lower frame next. See those zones just leads into one and another making bull and bear setups in process. Practice precision entries and proper risk management. Paper trade first to make the infamous “i hesitate” fear go away. If you know by paper trading that your system works then you wouldn’t hesitate to pull the trigger. Its all about management. Business first hand. Be aware of price action.
ALGO/BTC now 34% up Congrats Guys for good profit within 2 days#ALGO/BTC Profit Update :-
#ALGO currently trading at 1590 satoshi.
And went upto 1695 satoshi
Buy Entry also filled ✅
Total 34% pure profit guys.
Hope you very happy guys.
I am closed my 50% positions at 1650 satoshi.
But still hope it will give more profit so safe profit booking is good strategy.
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ALGO/BTC 100% potential from here as per my Chart#ALGO/BTC TA Update:-
#ALGO now bottom out as per chart.
Trading at 1260 Satoshi
I am buying here and I am buying in part.
Some here and some placed bid at around 1200 Satoshi.
Entry:- 1180-1260 Satoshi
Targets:- 1784/2563/3232 Satoshi
Stop loss:- 1000 Satoshi
Please click LIKe button and Appreciate my hard work.
Must follow me for latest crypto real time updates.
Thank you.
OvOa token - great dynamics in 2 monthsLooks like OvOa got a nice bounce from support line at 1.125 and now heading straight to 1.5 ETH/OVOa and possibly higher.
Algorand's Road To .90 UPDATEHey guys i was doing more research into ALGO/USD
i decided to raise the success mark up to .90
algo is easily going to make it to 1.00 , hopefully it'll be close in the terms of time .
i've made the marks , so we can see what it may look like on a steady timeline.
please comment any other alts you want to add in the ROAD TO SUCCESS TRILOGY
all comments are welcome
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Buy Signal: 275.81 #stocksIngenuity Trading Model used in- Stock, Forex, Futures, and Crypto markets. For Stops and overall trade management join the club.
The model is a Geometric Markov Model :
In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model is the fractal wave structure you can find on any chart you look at across any market and across all time dimensions.
Our model focuses on the current wave formation (current state)- geometric price formation along with its volume and volatility over a given time period and using that information to predict the future state- future price movement. For questions or more information feel free to contact me in the comment section or via private chat
ALGO/USDT in cycles....could hit new ATH in aprilFrom LOW (25/09/2019 = 0.192 $) to new HIGH (24/02/2020 = 0.5027 $) it takes 151 days.
From LOW (13/03/2020 = 0.0958 $) to new HIGH (14/08/2020 = 0.76 $) it takes 154 days.
From LOW (05/11/2020 = 0.2337 $) to new HIGH ....?
If we are in 150-155 days cycles, we can see new ATH in april ....
WHY:
1) we are in cycles
2) it could be start new ALT SEASON
3) is at 52 rank in coinmarketcap (increasingly popular)
4) have great project (Planet Watch)
This is only idea
ALgo Trading ON BTC based on RSI RSI / MACD / MARSI and Moving Average could be wisely used in order to make better spread trades.
Let’s have an analysis on the indicator RSI. We start an algo focused on RSI on the uptrend of Bitcoin since 28 oct 2020 -> today.
Rules: If the RSI drops below 25%, We take a long position. Whenever the RSI is Back to >70% we sell this position. Time per candle is 30 min.
The algo took 7 trade let’s look at his performance: 5.62% + 7.14% + 6.03% - 0.55% + 1.17% + 11.17% (the last trade is not done yet since we have not yet reached the 70% on the RSI indicator)
Total Performance since 28 oct 2020 = 30.58%
Average time before closing trade is 2 days
ALGO a setup to hit $5 Hi friends hope you are well, and welcome to the new update on Algo coin.
Breakout from wedge pattern:
On the daily chart, the priceline of Algorand coin started the formation of wedge pattern in the 1st week of Nov 2020 and now finally, it has broken out the resistance of this wedge.
Reached at $0.50 resistance:
While breaking out the wedge’s resistance the price action has also broken out the $0.40 price level resistance and now reached the next resistance at $0.50. If the $0.50 resistance will be broken out then the next resistance would be at $0.70 and then a final and key level resistance is at $0.90. On the long-term weekly chart, it can be seen that after $0.90 resistance there is no significant resistance between $0.90 to the highest price level that is $3.44 as per the Binance exchange.
An up-channel formation:
On the long-term weekly chart, it can be seen that the priceline of Algo coin has formed an up channel and moving between the support and resistance of this channel very well. While moving between the support and resistance of this channel the price action of Algorand is also making higher highs. Therefore if this time it will go for another higher high then it can be above $0.80. The exponential moving averages with the time period of 10 and 21 have also formed a bull cross beneath the candlesticks and now lifting the priceline up. And this cross is just formed therefore a more powerful rally is expected.
Conclusion:
In the near future, a more powerful rally is expected. However, if the price action will be able to breakout the resistance of the up-channel that has been formed on the daily chart, then it can also break out the key level resistance of $0.90 and can move to the highest price. And if it will surpass the previous high then it can even move to $5.
Still holding on but our stop is nearRipple was the 3rd buy of the crypto space but has significantly lagged BTC and Litecoin. It still remains much higher then the previous range state but recent news hasn't helped the currency. Our model doesn't account for news stories so the recent SEC drama was never a factor in our decision making. If XRP cant hold 0.43 we are out of the position.
Make or break timeThe currency pair is hovering near a threshold point. Any solid break lower will bring it back into a range state toward the 72 area. If this recent continuation pattern is going to continue it needs to happen sooner rather than later. Broader risk trends like equity markets will have an impact so maybe the next move will be decided by how the stock market closes into the end of the year