ALGOUSDT.P trade ideas
Trading Idea 038: AlgorandMarket Conditions:
- possible trend reversal
- consolidation around the key level
- bearish sentiment in the market
Key Level and Lines:
- $0.2742 support
Trading Ideas:
- go short if the price moves below the support.
- go long if the price reverses from the support and the crypto market is bullish.
ALGUSD BULLISH TEND,DISTRIBUTION PHASE,ALGUSD bullish trend, Distribution phase,& Decline phase in one chart.
Algousdt Approaching Towards Crucial Area Forming Descending channel In daily timeframe
Incase Of breakout expecting 150 To 170% bulish move
ALGOUSDT - Bullish Trend On Hour Time Frame Algo Usdt Bullish Trend Based On Dow Theory Of Higher Highs and Higher Lows On 1 Hour Time Frame
Buy Setup
Entry Price Buy Stop: 0.2910
Stop Loss: 0.2810
Take Profit: 0.30
Take Profit 2: 0.31
Risk 2% Of Your Total Balance
ALGO retrace
Boucing off horizontal support and decending channel support, falling wedge breakout, technical breakouts, can head to previous support turned resistance.
ALGO LONG SIGNALSHello, friends. Nice to meet you.
ALGO has now broken through a major selling point.
The position where the candle fell rebounded from 0.5, and it is very ideal to raise it after retesting at 236.
#ALGO on support.. possible move up to .38#ALGO looks good to me if it stays above this support level of .28 we can aim to .33, .38 first...
ALGOUSDTALGO Bearish divergence on 4 hour time frame.
Money Flow, RSI and Stochastic all pointing to same thing.
ALGO Short - Swing FailureALGO swing failure of June 2022 lows. Had some deviation above this level, but still worth a short with risk management.
ALGO Sell Limit 🤓🔻🤓🔺️🤓🔺️Hi dear traders
ALGO has formed Descending Triangle.
Now we can open short position and take some profit 📈.
Open position now or wait ✋until breakout trend line.
The stop loss above the long shadow of the candle.
We are trying to take profit in short term.
Let's see what happens
This is not financial advice ( DYOR )
Good luck
ALGO Idea | ALGOUSD | ALGOUSDT ALGOUSD | ALGOUSDT
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
ALGO/USDT waiting for correctionHey, guys ✌️
ALGO/USDT is going to be the first one we will be looking into today. Currently pushing that upper resistance zone (pink zone) we see a good chance breaking it and going towards 200EMA, after what we should get a correctional movement towards $0.16 zone.
There is also a chance that we won't try to go for that 200EMA zone and go straight to test that 100EMA
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
ALGO BUllish Pennantwe've got ALGO inside a pennant formation and let me tell you, it's getting charged up for another leg up. ALGO just recently retested and broke through its trendline resistance, which was previously acting as support before the breakdown. Now, it's making a strong push to break through this bullish pennant, but you need to be careful with your trades, my friends. This is not the time to get reckless with your investments.
And here's the thing, we can't forget about BTC. It's the elephant in the room, and it's the weekend, so you need to keep a close eye on it as well. You know how volatile the crypto market can be, and we can't afford to let our guard down. So, stay sharp, stay vigilant, and make your moves strategically. The name of the game is risk management, and if you do it right, you'll come out on top.
ALGOUSDT is breaking upThere is a triangle with flat top printing, the volatility is extremely low which together mean that we're gonna see a big upward movement soon. Draw a harmonic way of how the incoming growth might look. Hope it be useful to you. I do these setups because despite the fact that alts have grown a lot this year, there's much more to come so I'm looking for a hope for a safe entry to the coins in order to get +500% despite the fact that it has already made +150%. Also it's useful for holders - so that you could see the potential of a coin.
Breakout potential for AlgorandALgo is looking primed and ready for a breakout.
There's al ot going on here.
The Tldr is , I anticipate a brekaout along with a handful of other coins that are in a similar position such as Ada ACH
ALGOUSDTLooks like a great long here after breakout and retest of trendline.
Next order block is at 39 cents.
ALGO LOOKS BULLISHHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ALGO symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
AlgorandAlgorand technical analysis basically on elliott waves Principles and Pricecation strategy
Algorand can be grow to 1.25$
please wait for breakout and Pullback
Wait and watch.
ALGOUSDT is testing the ascending channelALGOUSDT is currently testing the ascending channel, with the price hovering around the 0.24$ level. where the market has the liquidity zone
A "liquidity zone" is a term used in trading to refer to a specific price range where there is an abundant amount of trading activity and therefore a higher volume of trades taking place.
The market is closely watching for any signs of a potential breakout from the 4 hour resistance line.
If the price does indeed break out and meet the criteria set by Plancton's rules,
it could provide a favorable entry point for a long position trade
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
ALGO/USDT Approached the trend here!!!Hey, guys ✌️
Next one is going to be ALGO coin. Well we are at trend here and see a good chance for some major movement to happen. Until we are above the trend we see a good bullish movement to occur here but as soon as we break this trend and secure a day below that we see a good chance for a drop towards at least $0.2320
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
