#ALGO Ready For 120% UPSide RideAlgo is showing bullish momentum. If BTC dominance increases slightly, Algo might take a pullback. There is buying support at the lower box and profit booking at the upper box.
Algorand
ALGO MARKET ANALYSIS Currently #ALGO is just above the multi month support after touching amid market crash around the world. Market sentiments are highly bearish but market always recovers. Main support lyes at 0.084 zone and resistance are lying at 0.1250, 0.1650, 0.23 level. Firstly it needs to maintain some momentum and it needs to clear 0.1250 level. If Algo falls below 0.09 level then above analysis gets invalid.
ALGO/USDT Inverse H&S Pattern Breakout AlertEURONEXT: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 Trade Idea - 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 200% up and still 10x Potential 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 15x Potential as per My chart AnalysisALGO/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 could be expected in the near future!
Another scenario to keep in mind:
If the resistance breaks, we could see a super bullish move towards $2 (10x)!
Overall, the market is bullish, so try to accumulate at every big dip in the spot.
Algorand is already up 200% from the recent bear market bottom.
Fundamentals: Over 30 million transactions completed in less than 24 hours on #Algorand
Algorand started this year with 2k TPS sustained for hours. It is now a few hours into the Juicening, and Algorand is still on top
$ALGO$ALGO double bottom on 1D and about to break 4H trendline tp/sl is mentioned in chart including RR
💎 ALGOUSDT : 341% Profit Potential in Next 5 Months💣💣💣💣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 long ideaALGO USDT LONG
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.
ENTRY : 0.72 -0 75
TP**1 : 0.88 , TP 2 : 0.96
SL : 0.68**
ALGO long ideaALGO 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.
ALGORANDAlgo is middle of nowhere.. ema compressing above price.., rsi looking bearish... bullish scenario above 1.6 $ , otherwise 1.1 $ seems good buy zone
💡Don't miss the great buy opportunity in ALGOUSDTrading 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 dynamic support.
. The RSI is at 65.
Take Profits:
TP1= @ 1.9526
TP2= @ 2.0650
TP3= @ 2.2250
TP4= @ 2.3999
TP5= @ 2.5568
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
ALGO/USDTalgo starteing new wave. we have two ways to go high.
stop price is too low so be careful with this one.
ALGO (Algorand)#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.
