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Algorand / TetherUS PERPETUAL CONTRACT

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ALGOUSDT.P trade ideas

TradeCityPro | ALGO Unraveling Trends and Forecasting the Next👋 Welcome to TradeCity Pro! In this analysis, I want to examine the ALGO coin for you. Algorand blockchain is one of the layer 1 networks. 📅 Daily Timeframe: Correction and Rest After 375% Growth In the daily timeframe, we have seen a significant price increase from $0.1085 to $0.5138. After bottoming out at $0.1085, coinciding with the breakout of Bitcoin's ATH, it started its movement and after breaking $0.1602, it began its main movement and reached the resistance at $0.5138. 📈 During this movement, due to high momentum and very high buying volume, it easily broke through the very important resistance at $0.3220. Now, after reaching $0.5138, we have entered a market correction phase. 🔍 Currently, after exiting Overbuy, its momentum has decreased and it has corrected to the 0.382 Fibonacci level, which overlaps with $0.3220. It has hit this area several times and each time it has managed to stay above this area, and this support has not yet been broken. 🔽 If $0.3220 breaks, the next areas are the 0.5, 0.618, and 0.786 Fibonacci levels, which we will see how the price reacts to. After these areas, the next supports are $0.1602 and the last support at $0.1085. A break of 41.63 in the RSI increases the likelihood of a correction occurring. 📊 If the resistance at $0.5138 is broken, the next resistance will be $0.7414. Entry of buying volume and a break of 70 in the RSI can help break $0.7414. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
4
ALGO's expected movement!BINANCE:ALGOUSDT ALGO is in a symmetrical Triangle which means we can't be sure of the coming movement. BUT! Ichimoku cloud shows a positive sign to us which means the price can increase to the top of the pattern easily👍 ⚠️ Disclaimer: This is not financial advice. Always manage your risks and trade responsibly. 👉 Follow me for daily updates, 💬 Comment and like to share your thoughts, 📌 And check the link in my bio for even more resources! Let’s navigate the markets together—join the journey today! 💹✨
Long
by Cryptonic_Trading
2
Prepare to BUY Spot AGLOUSDT on the H4 Cycle (Short-Term) 🌟 Quick Gains Await with AGLOUSDT! 🌟 🌍 Market Overview: AGLOUSDT is showing bullish momentum on the H4 timeframe, offering a prime opportunity for short-term gains with manageable risk. 📊 Trade Plan: 📌 Entry: Around $0.34 or Wait for further dips before buying. 🎯 Target: +50% to +70% – Aiming for significant short-term returns. ⏳ Hold Time: Up to 1 week – Perfect for quick trades in alignment with the H4 cycle. 🔍 Strategy Insights: My custom tool RainBow MG3 highlights AGLOUSDT as a high-potential asset for this short-term cycle. Favorable volume and price action suggest strong potential for upward movement. 🚀 Next Steps: 💬 Reach out if you need personalized support or further insights into the strategy. 💡 Note: This is not financial advice. Always DYOR before making any trading decisions. 🔥 AGLOUSDT is poised for action – Secure your position and ride the wave! 🔥
Long
by rainbow_sniper
13
#ALGO: Scaling Blockchain With Pure Proof-of-StakeDescription: This trading idea centers on ALGO, the native cryptocurrency of the Algorand blockchain, a project known for its revolutionary Pure Proof-of-Stake (PPoS) consensus mechanism. ALGO aims to address key blockchain challenges such as scalability, security, and decentralization, making it a preferred choice for developers and enterprises. With its fast transaction speeds, low costs, and energy-efficient operations, Algorand has positioned itself as a leader in decentralized finance (DeFi), tokenization, and smart contract deployment. Furthermore, its growing ecosystem and partnerships with global institutions make ALGO a promising asset in the blockchain space. Nonetheless, it is crucial to acknowledge the inherent risks of cryptocurrency trading, as market conditions can be influenced by factors like regulatory changes, technological developments, and overall sentiment. Investing in ALGO requires a well-informed and cautious approach. Disclaimer: This trading idea is provided for educational purposes only and does not constitute financial advice. Cryptocurrency investments, including ALGO, carry significant risk, including the potential for complete loss of capital. Conduct thorough research, consider your financial circumstances, and consult a professional advisor before making investment decisions. Past performance is not indicative of future results.
Long
by MoonTradingForecast
algousdt long result (update) In 2025 will you remain as passive as in 2024? You won't try anything? you won't learn anything? You will end up like in 2024 with nothing in hand. FINANCIAL MARKETS ARE AN OPENING. ENJOY IT! INVEST IN YOUR TRAINING IT’S A JOB WITHOUT EMPLOYERS BUT WHICH MAKES YOU FINANCIALLY FREE ALGOUSDT LONG TARGETS 1 2 3 DONE 50% LEVX 10 100% LEV X 20 Be a profitable trader But how? Develop a reliable strategy, Applicable to all assets, With a combination of indicators, With a money management dosage, With psychologist insurance. BECOME A GOOD TRADER IS NOT IMPOSSIBLE
Long
by RODDYTRADING
ALGO/USDT1. **Price Action** - The price appears to be in a **downtrend**, with lower highs and lower lows, followed by a possible **reversal setup**. - There are **marked levels of support and resistance**: - **Resistance Zone** around the 0.42 - 0.44 range (highlighted in red as a "weak high"). - **Support Zones** at the 0.34 - 0.35 level (marked with blue zones). 2. **Key Levels** - **CHoCH (Change of Character)**: Multiple CHoCH points are marked, indicating potential shifts in market structure. These suggest a possible transition from bearish to bullish momentum. - **BOS (Break of Structure)**: Several BOS labels highlight points where price broke previous support or resistance levels. - **Liquidity Zones**: Areas around the blue zones (support) could be targets for price before a potential reversal. 3. **Indicators** - **MACD (Bottom Panel)**: - The MACD line (blue) has crossed above the signal line (red), which is a **bullish signal**. - However, the momentum seems to be slowing down, indicating a potential pullback before continuing upward. - **Volume Indicator (Middle Panel)**: - The histogram shows **positive momentum on recent candles**, suggesting buying pressure. - Prior to that, there was significant bearish pressure (red bars), which aligns with the downtrend. 4. **Projected Movement** - The white projection line shows an expectation of a short-term dip back into the **support zone (0.34-0.35)**, followed by a significant move upwards toward the **resistance zone (0.42-0.44)**. 5. **Trading Strategy** - **Bullish Scenario**: - Watch for a bounce at the support zone (0.34-0.35). - A strong bullish candle or a CHoCH around this area can confirm the upward movement. - **Bearish Scenario**: - If the price breaks below the 0.34 support zone, the next level to watch could be much lower. - **Take Profit Zones**: - First TP near 0.38 (minor resistance). - Second TP near 0.42-0.44 (major resistance).
Long
by tradexict
ALGO buy setup (1D)Here, we have a high-potential zone for ALGO. The green zone represents strong support, and if the price reaches this area, we will look for buy/long positions. The red box is a fresh order block that hasn’t been tapped yet, containing the main sell orders. The target can be this red box. Closing a daily candle below the invalidation level will invalidate this analysis. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark