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Algorand / TetherUS

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ALGOUSDT trade ideas

Algorand (ALGO) - November 28Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (ALGOBTC 1W chart) In order to get the power to rise, it must be supported by rising in the range of 0.0000 1970 to 0.0000 2452. --------------------------------------- (ALGOUSDT 1W Chart) In order to continue the uptrend, it needs support by rising to the 0.4253-0.6132 zone. To do so, the key is whether it can rise above 0.3310. (1D chart) We need to see if the price can sustain it by moving above 0.2651. If not, you need to check if there is support around 0.2140. Since the HA-Low line is located near 0.3101, it should either move sideways until it declines or swing it up and down to make it fall. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** If this chart is shared, you can use the indicators normally. ** The MRHAB-T indicator includes indicators that indicate points of support and resistance. ** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor). ** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100). (Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.) ---------------------------------
by readCrypto
2
$ALGO- updateimagine your stop is at .2049 you've been dca you levered position since $1.72 trying to keep the faith most likely will stop you out and some more .. .2050 first zoi .16 - .34 possible rally macro bottom ain't in until the fat lady sings:) deviation below and reclaim of blue line should be a good trigger imo either way holding some of this and going to add at .2050 leaving the leverage for after we reclaim 18k and above .. dominance bounce would mean alts suffer and the btc pairs have room to go down . sell the news dump in regards to the world cup maybe as we reach the semi's this pumps
by CompoundingGain
6
Algorand (ALGO) Price PredictionAlgorand (ALGO) Price Prediction Algorand (ALGO) holds the 30th position on CoinGecko right now. ALGO price prediction 2022 is explained below with a daily time frame. The falling wedge is a bullish pattern . Together with the rising wedge formation, these two create a powerful pattern that signals a change in the trend direction. The falling wedge pattern occurs when the asset’s price is moving in an overall bullish trend before the price action corrects lower. Within this pullback, two converging trendlines are drawn. One of the main features of the falling wedge pattern is the volume , which decreases as the channel converges.  Currently, Algorand (ALGO) is in the range of $0.2394. If the pattern continues, the price of ALGO might reach the resistance levels of $0.3150. If the trend reverses, then the price of ALGO may fall to $0.2190. Happy Trading
Long
by TheNewsCrypto
28
ALGO BULLISH REVERSAL !Hello Traders, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. ALGOUSDT, as we clearly see price is overall bearish trading around a massive support zone So, as we can see in the picture For a short-term perspective we need a break above the first neckline which is the first swing high For the bulls to kick in Second neckline for the bulls to kick in from a medium-term perspective we need a break above the upper neckline Until that happens, we are still bearish, and we can still trade lower and lower to dive inside the support zone And as usual follow your trading plan and manage your risk. Be patient and good luck!
Long
by Hadi_karaali
2
ALGO Bearish Flag 🚩?🚩?🚩?🚩Hi dear traders As you saw in previous analysis we take profit 📈. The price has formed a bearish flag. If it loses the 0.26 support on the daily time frame, I expect the price to drop down to the 0.2444 and 0.2306 area. Wait for a pullback to the 0.271 area to enter. This area should be tested as resistance and the pattern confirmed. Waiting ✋ for confirmation. Let's see what happens This is not financial advice ( DYOR ) Good luck
by Th57Trader
4
ALGO Loading up for a move! Here's a quick look at ALGO 30 min chart. As we can see, the price has been forming a symmetrical triangle and we will see a breakout soon! Keep an eye on this setup! The best entry would be when the price breaks above 0.302$ with a good amount of volume. ------------------------------------------- The idea is: Buy when the price breaks above 0.302$ and take profits at the levels shown in the chart. Targets: 1. 0.306$ 2. 0.31$ 3. 0.327$ ------------------------------------------- What are triangles when it comes to trading? Key points: "1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape. 2. Triangles are similar to wedges and pennants and can be either a continuation pattern if validated or a powerful reversal pattern, in the event of failure. 3. three potential triangle variations can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
6