Algorand we had 5 waves upHello it looks like we broke out and we have 5 waves up. Now im looking to find the end of the abc correction. I think we could backtest the 0.1623 level or the 0.236 fib at 0.1536. After the we could see targets around 12. If you got other ideas please let me know. Longby G1D3onnUpdated 191914
Algorand trading the rangeHere’s a detailed description of the trade idea for Algorand (ALGO): --- **Trade Idea for Algorand (ALGO/USDT)** - **Entry Point (Buy):** $0.4598 This level represents a key support area identified through detailed technical analysis. It has been selected as the optimal entry point to maximize the risk-reward ratio. - **Take Profit Levels:** 1. **$0.4920**: A short-term target corresponding to a local resistance area and recent price consolidation. 2. **$0.5264**: An intermediate target near a stronger resistance zone, offering an opportunity for partial profit-taking. 3. **$0.6240**: The ultimate target, aligning with a significant resistance level and suggesting the potential for a substantial upside move. This strategy balances short-term gains with longer-term opportunities while adhering to prudent risk management.Longby saturnv4223
ALGO to the moonALGO using Elliot Wave Theory. ALGO went through a brutal bear market but is now finally able to go through its 2nd bull cycle Longby Migoreng_wrap118
algo 11$ by the end of 2029algo 3-4$ by the end of 2025 11$ by the end of 2029 fibonacci ext never missesLongby CryptoCrusaderOfficial227
ALGO - where to buy the diphi traders, After reaching 0,60$ the price has been experiencing the pullback. Don't worry. It's normal as the RSI is super overbought. We believe that it's not the end of the uptrend yet, but just an opportunity to buy the dip. Buy the dip and enjoy the 85 % profit in the next few weeks. Kind regardsLongby vf_investment114
ALGOUSDT Buy Zones IdentifiedThe cryptocurrency market faces uncertainty, with a chance it may not recover by year-end. To navigate this environment, I’ve adjusted my buy positions significantly lower to account for potential downside risks. For ALGOUSDT, the blue boxes highlight key support zones where I would consider entering as a buyer. These areas are strategically chosen for their potential to provide strong support and favorable risk-reward opportunities. Key Details: Buy Zones: Blue boxes marked on the chart Risk Management: 0.25$ Target: Watching for a bounce and momentum confirmation to the upside Caution and discipline remain paramount in these market conditions. Disclaimer: This is not financial advice. I keep my charts clean and simple because I believe clarity leads to better decisions. My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups. My Previous Analysis 🐶 DOGEUSDT.P: Next Move 🎨 RENDERUSDT.P: Opportunity of the Month 💎 ETHUSDT.P: Where to Retrace 🟢 BNBUSDT.P: Potential Surge 📊 BTC Dominance: Reaction Zone 🌊 WAVESUSDT.P: Demand Zone Potential 🟣 UNIUSDT.P: Long-Term Trade 🔵 XRPUSDT.P: Entry Zones 🔗 LINKUSDT.P: Follow The River 📈 BTCUSDT.P: Two Key Demand Zones 🟩 POLUSDT: Bullish Momentum 🌟 PENDLEUSDT: Where Opportunity Meets Precision 🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs 🌊 SOLUSDT.P: SOL's Dip - Your Opportunity 🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked 🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer 🤖 IQUSDT: Smart Plan ⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One 💼 STMXUSDT: 2 Buying AreasLongby XU999
ALGO Breaks Equilibrium, 400% Gains To ComeALGO breaks the channels equilibrium level, which set's itself up to test the upper resistance level for an additional 400% return. Should ALGO break above this, we could see upwards to 1000% return this cycle. Algorand (ALGO) is a prominent blockchain platform designed to provide high performance, scalability, and robust security through its unique Pure Proof-of-Stake (PPoS) consensus mechanism. This approach enhances decentralization by allowing anyone holding ALGO tokens to participate in the network. Unique Features and Industry Role 1. High Transaction Speed and Scalability: Algorand processes transactions in under four seconds and is capable of handling over 6,000 transactions per second, making it one of the fastest blockchains available. This is ideal for applications requiring quick and secure transactions, such as decentralized finance (DeFi) and enterprise solutions. 2. Sustainability: Algorand is a carbon-neutral blockchain, emphasizing eco-friendly operations through innovative consensus and energy-efficient practices. 3. Innovative Developer Tools: The launch of AlgoKit 2.0 introduces user-friendly development tools, integrating Python support for blockchain application creation. This positions Algorand as a platform accessible to developers with minimal blockchain expertise, potentially expanding its ecosystem further. 4. Advanced Upgrades: The move to a peer-to-peer structure improves communication between nodes, reducing reliance on centralized relay nodes and enhancing network resilience. These changes aim to foster decentralization and user engagement. Recent Developments 1 . AlgoKit 2.0: Launched in 2024, it simplifies the development of decentralized applications (dApps) by incorporating debugging tools and secure coding frameworks. 2. Dynamic Round Times: Transactions per second (TPS) have been increased by approximately 10%, further optimizing performance. 3. Incentive Updates: The network plans to reward contributors to its consensus mechanism, encouraging higher participation and staking activity. Market Metrics Current Market Cap: Around $4 billion, positioning it among the leading blockchain projects. Growth Potential: Despite a relatively modest market cap compared to giants like Ethereum, Algorand's strategic updates and eco-focus position it well for long-term growth. Use Cases Algorand is gaining traction in sectors such as: Central Bank Digital Currencies (CBDCs): The platform has collaborated with various governments to explore blockchain-based digital currencies. DeFi and NFTs: It supports a growing ecosystem of decentralized applications and digital collectibles. Enterprise Solutions: Algorand is increasingly favored for projects requiring scalable and efficient blockchain infrastructure. Future Outlook With ongoing advancements and a commitment to developer accessibility, Algorand could attract a larger user base. While current price movements may not reflect its potential, the focus on innovation and incentives indicates a long-term growth trajectory. If adoption accelerates and the ecosystem continues to mature, Algorand could significantly expand its market share in the blockchain space.Longby Who-Is-Caerus7
Trading opportunity for ALGOUSDTBased on technical factors there is a Buy position in : 📊 ALGOUSDT 🔵 Buy Now 🪫Stop loss 0.4242 🔋Target 1 0.6262 🔋Target 2 0.7676 🔋Target 3 0.9696 💸RISK : 1% We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments📝 Longby Dezh3
ALGOUSDT Uptrend Insight BINANCE:ALGOUSDT has performed promising lately. Given the market uptrend, ALGO can continue its Bull-run by reacting to support level at its Fibonacci 0.5 or breaking previous High at Fibonacci 0.38 going upward. Breaking below 0.4321 could trigger a downtrend or if supported at 0.3893 (Fibo 0.618) signal a weaker uptrend.Longby seaboy2222224
ALGOUSDT - bears may attack soonhi traders, The price is retesting a key support. If this support fails, bears may attack and the price may drop even 20 %. How to trade it: If you want to short ALGOUSDT, wait for the price to break down . Look for the volume surge to avoid the false breakdown. You can also wait for the price to break down and give a bearish retest. Target is shown on the chart. Good luck Shortby vf_investmentUpdated 4
Catching Dips any Coin with Spiderline !The Spiderline is a concept in cryptocurrency that refers to a specific strategy or indicator used in technical analysis to identify key support and resistance levels on the price charts of crypto assets, particularly Bitcoin. This concept is based on retracement levels or structures calculated from historical market data. Here are the key points to understand the Spiderline: Origin: It is often used by experienced traders to visualize critical zones where the price has historically reacted (bounced or been rejected). These zones are derived from specific lines on the charts based on previous Bitcoin price movements. Usefulness: - Identify support levels: where the price could stop during a decline. - Determine resistance zones: where the price might struggle to move higher. - It also helps plan entry and exit points based on the likelihood of market reactions. Differences from traditional indicators: Unlike tools like moving averages or the Relative Strength Index (RSI), the Spiderline is more specific to Bitcoin's historical behavior and is often used over longer timeframes. Associated strategy: Traders use it to refine their buying or selling decisions, avoid trading against strong trends, and manage their risk effectively. Credit Inspired by #Cryptoface Education04:42by paullefebre923
Bullish Penant for algo ?I can see a bullish pennant being formed on the 4H time frame. As we can see Algo was able to hold its position on the dynamic support from the pennant, and the price was not push by the previous low which was aroung 0.43. Longby czguintoUpdated 2
Algo Bullrun?Huge setup. For lottery purposes. I am an amateur trader. I sometimes enter into trades. Other times it is only an analysis. Trade with your own risk awareness. Longby seyyido2
Algo Bullish Flag Algo BINANCE:ALGOUSDT can reach next target $0.7860. There is a Bullish Flag pattern. Algo was staying around 0.45 dollar for long time. it can turn back to game more powerful.Longby KeremTalha_3
Algorand Nears $0.45 Resistance: Breakout Targets $0.70 Algorand (ALGO) is experiencing a significant upward trend, with a 25% surge in its price over the past 24 hours. However, resistance levels around $0.45 and beyond may need to be breached for ALGO to maintain its bullish trajectory Waiting to test the key resistance at $0.45, a breakout above this level could confirm entry opportunities. Targeting the resistance zone around $0.70. Longby ahmed_doUpdated 8
Algorand Undergoing Bearish Pressure; 2025 On Sight (GREEN!)ALGOUSDT (Algorand) has already undergone very strong bearish action, but the bears are not letting go, not yet. On the 27th of September the chart produced an inverted hammer as a candlestick pattern, a very strong bearish signal. There was an attempt to push prices higher but sellers were ready to exit their positions and a bullish session ended up as bearish, that's the hammer. Then again on the 21st of October another inverted hammer showed up with a big real body on the candle. A lower high, buyers were trying to produce a relief rally as some other pairs did but sellers were too many and a green session ended up red. Two attempts at higher prices failed. Now we see how ALGOUSDT is trading at a critical support line, seeing the previous selling pressure, we know this level is more likely than not to break. If it breaks, when it breaks, prices are headed toward next support. There is the chance of a long-term higher low or even a lower low on a wick, this doesn't change the fact that this is the last drop. 2025 is now on sight. The market is going green. The end of the correction is close. Algorand produced decent growth in late 2023/early 2024, 300%. This is nothing compared to the 2025 bull-market, we will see many times that number so get ready. The low prices that will come in the coming days will be an opportunity, the last chance to buy low before maximum growth. Thank you for reading. You are appreciated. Remember, we all mistakes; we are going through live not knowing who we are or where we come from, but this doesn't stop us from learning, adapting, growing and forging ahead. We learn from these mistakes and grow and this growth will finally lead to the moment when we reach our goals. The realization that we are more than a physical body, we are a manifestation of the living Spirit, an eternally living Soul. Namaste.by AlanSantanaUpdated 5538
Long opportunity in ALGO/USDTIf the level 0.4933 breaks with 15 Min Green candle, there is an opportunity for long trade. Disclaimer : I'm not recommending to take this entry. Do with your analysis too. Reasons : - . Trend line breakout. . Falling wedge pattern. After Breakout :- Entry : 0.4933 TP : 0.5413 SL : 0.4616Longby shahidzainUpdated 1
algousdt longalgousdt long SL so FAR be care full small margin please Please don't be greedy ENTRY : yellow point TP : blue lines SL : below red line for LONG position above red line for SHORT position INSTRUCTIONS: For risk and money management: 5% of your wallet for LEV X ≤20 And 3% of your wallet for LEV X ≥ 20Longby RODDYTRADING1
algousdt longalgousdt long Please don't be greedy ENTRY : yellow point TP : blue lines SL : below red line for LONG position above red line for SHORT position INSTRUCTIONS: For risk and money management: 5% of your wallet for LEV X ≤20 And 3% of your wallet for LEV X ≥ 20by RODDYTRADING2
SPOT ALGO LONG 7.12.2024🎯Purpose: 0.7942 ‼️We enter at 0.5% of the allocated money for spot trading. There is more information in my channel.Longby Trades_for_Traders1
Looking at the monthly chart we can expect at least $2 ALGO$2 ALGO is only a month or month and a half away. I think this is conservative, given how algo smart contracts were not yet live last cycle and with DT as president soon, USA based cryptos are poised to receive a boost across the board. Im really looking for $3 - $4 but thats just meLongby spencertradez223
#ALGO Algo looking good on HTF here. double bottom kind of structure & levels line up interesting with HTF downtrend Longby BromadicUpdated 10
Missed the First Move on $ALGO – Still Eyeing Big Upside!Completely missed this one, same as CRYPTOCAP:HBAR , and now I’m looking to get in. Hate missing the first move when it’s right there, especially with the monthly blocks showing the setup. The plan is to enter closer to 33c, though I’m not sure if it’ll give that opportunity. My target is $2.30, just below ATHs. CRYPTOCAP:ALGO still has plenty of upside.Longby ZelfTrade2