ALGOBTC trade ideas
ALGO movingactually this is not a big move but this is what i'm gonna use for opening a long position on algousdt chart in a good time..
ALGO/BTC Trying To Break Above The 200MA This Morning 45min CharThe 200MA (White) on this short timeframe might denote a nice run if broken above.
Algo is what i Believe. Smtimes i read about coin and start to believe. Like in Xlm, Xrp, Xdc, Qnt and other.
So, this time is the same.
im strongly believe in this coin.
Not in 1000x. But in coin. Team and tech. So i hope it will grow.
ALGO.BTC (Y20.P3.E1).Bullish mid macro structureHi All,
ALGO has bounced back strong and is likely to break this resistance today or later.
The ghost pattern has been borrowed from the LEND/BTC chart and as such its a bullish formation or similar.
I bought the dip, now its a question of what will it do.
Note: Another Defi that its likely to give big gains.
MY THOUGHTS:
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By now or weight for the pullback to the fib level as per the chart.
From a MACRO perspective, there is layers of resistance however this one is the main one. In many cases when the main resistance breaks the rest is like butter, Eg. BTC with 6K I think last year.
Note BTC dominance is dropping slowly.
The daily shows sideways movement and the 2 day chart shows upward pressure slowly building so my thoughts are that this resistance will be chipped away and hence the pullback to maybe the 0.382 on this chart.
Please give me like or tick for this post.
Regards,
S.Sari
Close up view on the daily
2 day chart
Macro structure overview.
LEND.btc chart
BINANCE:ALGOBTC LONGALGOBTC just had a volume spike combined with a bullish engulfing candle at a Support&Resistance Flip.
Summary
Trend: Strong uptrend
Level: S&R Flip
Candlestick: bullish engulfing candle
Volume: Volume Spike
Orderbook: Depth chart on Binance in favor of buyers
I'm buying at around current market levels and aiming to take partial/full profit at TP1 depending on market conditions.
This is not financial advice, please do your own Due Diligence. I'm just sharing my personal trades.
ALGORAND - going up 50-50ALGO is an impressive project with a bright future ahead. What got my attention was the clear bounce of the support (diagonal). With the current behaviour of the market, this is a tricky one.
ALGOBTC [LONG 40%] TP 1/3Entry = 0.00005580 (once support is tested)
TP1 = 0.00006352
TP2 = 0.00006928
TP3 = 0.00007627
ALGO/BTC in coming daysHello
In the chart
If it breaks the trend line, it grows and reaches the resistance line
If it fails to break the trend line, the market will fall to the 3900 line
Everything can change ...
Markets are always changing, and even with all these signals, market changes are strong and fast
Traders, if you like this idea or have your opinion about it, write in the comments. We will be happy
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Good luck.
Argorand crypto Wyckoff Method Testing a Hypotohesis of how Argorand will break out after buying at the Wyckoff LPS.
ALGO - an intersting project about to bounceALGO - an interesting project about to bounce
It had a nice jump but it looks like we go higher from here after we find the .618 Fib line marked in BLUE.
I will place some buys from here down to the .782 in case we fall that far.
This project will grow as it will pay you to hold it which should motivate folks to buy it.
ALGO/BTC (Temporary Top?)ALGO/BTC
-Algorand may have temporarily set the top at 6500
-The potential area of support is somewhere at 4200
-If we can see Bullish signs of reversal in this region
-Placing Buy orders is ideal and target the recent top
-But if the 4200 regions failed, next to watch is 3700
-Be patient, let the trade come to you
ALGO BTC SHORT TIME ANALYSIS (ALGORAND BITCOIN)first resistance 7100, my expectation is 8200.
it is not investment advice. it is my personal work. I wish everyone luck.
