#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.
ALGOUSDT
ALGO coin one of the most good project in our field so i canALGO coin one of the most good project in our field so i can take position in this #alsousdt# coin which going to smooth like rocket when it break the hight and make a new higherhigh because this is a godd project and use most in our project field................. if you want to ask me something then commnet below and follow for analysis like this
11 Mar ’24 — BankNifty breaks 47465, next SR 1000 points lowerBankNifty Analysis - Stance Neutral ➡️
We have a change in stance on BN today, As soon we had a closing below 47465 we changed the stance from bullish to neutral. We fell 693pts ~ 1.45% today and the structure was pretty negative. BN never really tried to retrace the fall today, just had 1 minor rejection at the support at 11.23, but yielded by 11.55. The ease with which the support got broken got me thinking, what was the real bad news today? I remember seeing the Japan Nikkei trading with cuts of -2.3%. But other than that, I really dont remember reading any other bad news.
4mts chart
On the higher time frame, notice the depth of the RED candles till the support was broken. The single GREEN candle of 6th Mar 09.15 has been negated. Since we broke the support of 47465, the stance is now neutral. For tomorrow we wish to start with non-directional trades on BankNifty and go long if the 47465 resistance gets broken. To go short, BN will have to re-enter the bearish channel and that is like 1000pts away. If we were to fall that many points in a day, we are quite sure Nifty50 will also fall equivalently and most likely go bearish as well. Honestly, why would markets fall that much, what is the reason?
63mts chart
—
Algo Trading
Our algo trades ended today with a gain of 20165. Manually squared off the trades at 14.21 just when the markets started to get volatile.
ALGO Breakout Alert! Bullish Momentum Detected 🚀💎ALGO has recently broken out of an inverse head and shoulders pattern, accompanied by CHoCH and BOS signals, indicating a shift towards a bullish market structure and increasing the probability of a reversal.
💎If ALGOUSDT breaks above the resistance level and neckline of the inverse head and shoulders pattern, it could suggest further upward momentum, with potential targets extending to the next resistance levels. In the event of a pullback, It will be better to look for a bounce from the bullish OB, and confirmation could be sought through bullish candlestick patterns like a bullish engulfing pattern.
💎However, in the scenario where the bullish OB is broken down, it could indicate a bearish move. Nevertheless, considering the overall bullish trend in the market, it would be prudent to wait for better price action confirmation before making any decisions, as going against the trend could entail increased risk.
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
'Algorand double bottom in BUY BUY BUY!!!,Algorand has double bottomed previously giving handsome return double bottom will break precious local high
ALGORAND ROCKETSSS1. Algo making A pattern.
2. It take turn after touching the tread line.
Let's see what gonna happen.
Suggest if it's wrong or right.
ALGOUSDT Price has been in a consolidation. we have created a nice optimum trade entry setup. I am looking for the price to tap in the unmitigated OB and continue downward
ALGO USDT FUTURE Algo usdt if break 0.3166 then take a small long trade.. 0.3166--0.3172--0.3200--0.3320
Best of luck guys.
This is not a financial advice.
And I'm not 💯%
ALGORAND (ALGO)ALGO went up to 41.27% hig from here on 2022-09-19. if we take a support there again,there will be a strong up trend. 0.2910-0.2949 is a major order block area.again there will be a buyer pressure from here
$ALGO$ALGO double bottom on 1D and about to break 4H trendline tp/sl is mentioned in chart including RR
algo long §§§!!!!. ALGOUSDT 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 64.
Take Profits:
TP1= @ 0.7444
TP2= @ 0.7727
TP3= @ 0.8096
TP4= @ 0.8968
TP5= @ 0.9881
SL= Break below S2
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💎 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 USDT LONG 5xALGO/USDT enter at 0.8920-0.8750 and dca below 0.84 also
Profit Area:-
0.95$-1.05-1.15$-1.25$-1.35$
StopLoss:- 0.7950
Leverage:- 3x-5x
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 ALGOUSD Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.8582).
. 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 64.
Take Profits:
TP1= @ 2.0632
TP2= @ 2.1543
TP3= @ 2.3266
TP4= @ 2.5572
TP5= @ 2.7000
SL= Break below S2
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💡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
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. . . . . 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.
