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
Hello Trading view Family / Fellow Traders.
I hope you have used and benifited from the previous analysis .
In today trading session we are monitoring ALGOUSDT for a buying opportunity,
ALGOUSDT UPDATE
Following our plan Running in almost +50% profit💸✴️
Looking very positive to hit our target ✅
ALGO 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
Hey Guys,
Algorand has foam Inverted Head and Sholder and its buliish pattern, Wait for the neckline breakout..!!
See chart for more understanding...!!
Disclaimer: I am not financial Advisor; this is my opinion I am some guy on the Internet...!! Crypto market is highly volatile, do your own research and jump into the trade.
💎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...
- 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...
In technical analysis, a "rounding bottom" is a chart pattern that is used to analyze and predict potential price movements in financial markets, particularly in stocks or other securities. It is also known as a "saucer bottom" due to its visual resemblance to the shape of a saucer or a rounded bowl.
Here are the key characteristics of a rounding bottom...
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 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 💯%
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
Algorand has crossed above a critical resistance zone of $0.313 on daily charts and is expected to cross $0.37 if the market stays as usual for a week. Visit dasfinance.info for a detailed analysis.
