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ALGO USDT PERPETUAL

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ALGOUSDT.P trade ideas

💡Don't miss the great buy opportunity in ALGOUSDTTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.7804). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . 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 67. Take Profits: TP1= @ 0.8885 TP2= @ 1.0043 TP3= @ 1.1023 TP4= @ 1.2046 TP5= @ 1.3170 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 ❤️
Long
by ForecastCity_ME
5
💡Don't miss the great buy opportunity in ALGOUSDTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.8073). . 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 below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 59. Take Profits: TP1= @ 0.8483 TP2= @ 0.8822 TP3= @ 0.9303 TP4= @ 0.9673 TP5= @ 1.0086 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 ❤️
Long
by ForecastCity_ME
4
💡Don't miss the great buy opportunity in ALGOUSD Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.912). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . ALGOUSDT is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 71 Take Profits: TP1= @ 0.999 TP2= @ 1.053 TP3= @ 1.101 TP4= @ 1.136 TP5= @ 1.174 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 ❤️
Long
by ForecastCity_ME
2
CRYPTO ALTCOINS TRADING FAKEOUTS WITH BIG MONEY (ALGORAND USDT)Nowadays as CRYPTO ERA is going on and we all are watching many ALTCOINS skyrocketing for no reason and most of the people out there are watching it and feel like they are missing out on great opportunities and then suddenly come into the picture to capture some quick gains due to FOMO and by the time they come and participate small shakeouts starts happening and in it they lose all their loved capital. So no one out there can catch all the opportunities in ALT COINS. But we can catch it in some good ALT COINS where the BIG MONEY is involved and it moves the price. Such that the retail people are trapped and BIG MONEY makes profit. So here I am sharing analysis on ALGO/USDT and show you how you can capitalize on BIG MOVE with BIG MONEY with high probability and even if you are proved wrong then how you can take counter trade on the downside and catch the big fall. Trade Analysis is explained on charts. I hope you enjoy and learn something from it👍 - Pranesh Sahoo
by PraneshTrades
💡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 ❤️ 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 ❤️
Long
by ForecastCity_ME
5
💡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 ❤️
Long
by ForecastCity_ME
5
ALGORAND Cryptocurrency (ALGOUSDT) BULLISH OR BEARISH?ALGORAND Cryptocurrency (ALGOUSDT) for swing - Bullish or Bears? Hi guys, yet again with a new hyped, crypto altcoin; ALGORAND (ALGOUSDT) with a simple price action and chart pattern analysis. The negative news has halted the crypto market which has resulted in panic. The sentiment analysis is filled with Fear (33% at the time of posting this video which has been better from last few days). The Algorand has already been in news due to it's DeFi and interoperability. It is at make or break situation and now in a state of consolidation and therefore will come back to retest its previous levels if it makes a move. This will result in an opportunity for either good buy or good sell for positional or swing traders. The analysis is for 2 hour time frame which has so many movements in itself listed below :- 1. Constantly facing resistance from trend line and therefore it has become weak since the same trend line has been tested for 5 times now! It will definitely come to retest it again and can result in a good move upside. It can gain good momentum (10-12%) in the next few days. 2. A constant support level (strong buying) as shown. Sellers have faced immediate resistance trying to push support levels but failed miserable which means it becomes undervalued at those levels and price moves up very fast. It has tested the support 4 times so it is also becoming weak. 3. It has made double bottom also(W pattern - bullish sign) and gave a break out after retest. But eventually resulted in breakdown, therefore the bullish momentum is pending and can continue in next trading sessions. 4. Volume Profile Fixed Ranged (VPFR) indicates the traded volume amount over a specified period. It works best in higher time frames. It is quite visible when the most volume got traded (yesterday), it resulted in a meltdown. Now this indicates a strong sellers zone and the buyers will have to match seller's frequency if the coin goes uptrend. Therefore, it is the target expected from this point. BOTH TARGET ARE LISTED BUT I AM MORE INCLINED TOWARDS BULLISH NATURE :- 1. BUY - If it breaks 50-EMA (green line) with good momentum (around 1.8600), Target will be 2.000 with stop loss of 1.7300 2. SELL - If it takes resistance from 50-EMA or 200-EMA, target can be 1.5850 with stop loss above the 50 or 200 EMA (which ever is far!)
Long
by raghav_tradeit
3