ALGORANDALGORAND POSSIBLE TRADE SETUP
Algo has been forming a BEAR FLAG. It broke out recently and now making a RISING WEDGE on the way to retesting the STL turned into RTL. Both the pattern is BEARISH. Ideal breakout targets are given in the chart.
SL: 0.2308 or little bit over depending on your risk appetite.
Non Financial advise. Trade at your own risk. Do your own research.
Use proper position sizing & take proper entry.
ALGOUSDT.PS trade ideas
ALGO gap fill scrubbed out.Working on this alert and it helped me catch a change of character to enter a short early. ATOM is pressing into the support zone now, I took some profit here.
If it breaks it'll potentially run down towards 0.22.
Can't predict the future, but one for your watch list.
Fear into the fed meeting - 25-50bps priced in but the cpi data may make the market go short fast, and especially if they hike another 50bps.
Algo is planning for a riseHello Traders!
Welcome back to another episode with Analyst Aadil1000x.
Today we are setting a buy limit in Algo from the key reversal Area. This rise will move at least 2% and the final target will give us a 1:6 Risk reward.
Algo Buy Limit 0.2206
Stoploss 0.2190(-0.73%)
Target 1, 0.2252(+2.1%)
Final Target 0.2306(+4.56%)
Don't forget to hit the like button and follow to stay connected.
ALGOUSDT is testing the rangeThe price is testing the resistance inside the range after a new lower low
How to approach it?
IF the price is going to have a breakout, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
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Follow the Shrimp 🦐
ALGOUSDTPERP LONGALGO just reached its bottom zone which also means, we can start considering on accumulating on this coin.
All time low is .1948.
Entry 1 - .2200
Entry 2 - .1948
TP1 - .3120
TP2 - .4487
TP3 - .8429
TP4 - 1.2306
and beyond
Use low leverage and 1-3% your port only. HAPPY TRADING!
#TAYOR
ALGO - let's make a pumpEverything move price is done on small volumes. So as not to spoiler the buyer.
I wonder if the project will have any updates soon or if it's the time of the pump)
Accumulation on this trendline(red collor) will open the way to the level of 0.2494.
And there and to the impulse of 5% will be able to do it on easy.
If you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your
ALGO/USDT good to long soon! Hey Traders,
First coin for today is ALGO token. Well we see a good possibility for this coin to break EMA100 zone where it is sitting currently after what it should go for a try to break that pink resistance zone.
Once those zones are secured next target would be EMA200 zone where we might see some sort of correctional movement.
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Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.