ALGO: Surprise Rally Ahead?Yello Paradisers, did you spot that breakout from the descending channel in time or are you still waiting for confirmation that already happened?
💎#ALGO/USDT has officially broken out of its multi-week descending channel after a textbook Break of Structure (BoS). Price action gave us a beautiful re
ALGO/USDT – Bull Flag Formation hi traders
Algorand (ALGO/USDT) is showing a strong bullish continuation pattern following an impulsive price move upward.
🔍 Technical Overview:
Current Price: $0.2828 USDT
Pattern: Bull Flag
A sharp upward move (flagpole) is followed by a period of consolidation within a downward-sloping chann
ALGOUSDT - One of the Best Altcoin Setups Right This chart of ALGO/USDT presents one of the cleanest and most promising bottom formations in the entire altcoin market.
🔍 Technical Highlights
Clear Rounded Bottoms: ALGO has formed multiple rounded bottoms over a long accumulation period, signaling strong base building and exhaustion of sellers.
ALGOUSDT Approaching Breakout!BINANCE:ALGOUSDT is showing a potential trend reversal after bouncing from a strong historical demand zone around $0.15. Price action is testing the descending trendline for a breakout, which could trigger a bullish continuation move. Similar to the previous breakout in late 2024, this setup hints
ALGORAND - LONG TERM BUY OPPORTUNITY, BEST ENTRY PRICE, 600%+ALGORAND (ALGO) is one of the layer 1 blockchain platform's that is compatible with ISO 20022. ISO 20022 is a global standard for financial messaging that aims to standardize electronic data exchange between financial institutions. Some speculate whether this is applicable or not long term, however
ALGOUSDT – Spot Swing Trade RecommendationALGOUSDT – Spot Swing Trade Recommendation
Reason: ALGO has formed clear bottoms on Weekly (W) and Monthly (M) charts, signaling the start of a long-term bullish cycle on the Monthly timeframe.
Entry: Around current price ~$0.22.
Strategy: Accumulate gradually—buy below $0.22; avoid adding pos
ALGORAND at $0.50?Considering the Fibonacci levels from the November 2021 decline to the August 2023 low, the current movement suggests a test of the last high, which coincides with the 0.5 Fibo level.
This suggests that ALGORAND is likely to test resistance at $0.50 before seeking higher moves to $0.75 (0.618 Fibo)
Algo |Trade Setup📌 After the breakout from the last high at $0.26, a bullish sequence (green) has now been activated.
📊 These setups typically occur no more than twice per year on any given altcoin, so I’ll be aggressively buying each level at the B-C retracement area.
Trademanagement:
- I'm placing long orders
ALGOUSDT Daily Chart Analysis | Continuational patternsALGOUSDT Daily Chart Analysis | Momentum Picks Up on Higher Timeframe
🔍 Let’s break down the latest ALGO/USDT daily chart, highlighting a shift in market structure and key bullish signals.
⏳ Daily Overview
A decisive breakout above the long-standing descending trendline has flipped the narrative
Algorand (ALGO): Potential +250% of Movement To HappenAlgorand is on fire, just like the rest of the market. We noticed a similar pattern, where we have 3-stage movement on this ALGO.
Accumulation—bullish move—bearish move—repeat.
So that's what we are looking for. As we are in a mid-bullish move, we want to see further movement to upper zones, of at
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.