EURONEXT:ALGO Invest H&S Pattern
1⃣ #ALGO Super bullish above RED BOX AREA
2⃣ 850% Potential if hold $0.250 Support Level
3⃣ Resistance = $0.4/$0.79/$1.55/$2.37
- Algorand needs to break and stay above its supply
- It has been trading in the same zone for a long time
- I would recommend entering partially here only if you want to enter this
- Retracement would be better if you are willing to wait
ALGO/USDT Technical Analysis:
1⃣ EURONEXT:ALGO did 200% from our entry level.
2⃣ ALGO still 10x Potential from this level.
3⃣ Long-term Bearish Trend Breakouts confirmed
4⃣ The potential Target in the bull run will be $2
5⃣ Entry was $0.09-$0.1 ✅
#Algorand #Cryptocurrency
ALGO/USDT Inverse H&S Pattern: EURONEXT:ALGO
Warning: Strong Resistance Ahead at $0.30 Level!
If the price is rejected from $0.3 level, a 50% retracement is possible.
However, an Inverse H&S Pattern is also emerging, suggesting that the best accumulation zone might be around the right shoulder at $0.160-$0.180.
If this pattern comes to fruition, a 15x target...
last 2-3 weeks we seen huge buying in ALGO coin, in upcoming months its going pump very hard.
entry and targets are given on the chart. Please Like and comment if there are any queries.
#bitcoin #altcoinseason #altcoin #altnews
ALGO has broken the downward trendline. ADX is above 25 in 4hr chart and DI+ , DI- crossover clearly shows uptrend.
ALGO has OBV bullish divergence in Daily chart.
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.7078).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ALGOUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
#ALGO is highly bullish and has broken out of the accumulation zone near $0.25-$0.3 which was also the 0.786 fib level of the previous complete cycle.
Expecting price to reach $0.7 followed by $1.1 level (2x) and $1.5 (3x) to complete wave 3 possibly.
