Crypto of the Day: ALGO/USDT - Long-Term Prospect
Good morning to everybody in Asia and good evening to the rest of the world.
My crypto of the day is ALGO/USDT, one that has been downtrending for a very looooooong time. Based on my TA. I believe this is going to change.
Long-term analysis (as long as it can get for ALGO :) ) indicates this is heading in the same direction as BTC did when it first turned up earlier this year - EMAs, MACD, RSI (just a tiny portion of my analysis but ones that most are familiar with). All movements looking and staying the same, i.e. if it continues to move positively upwards over the next few weeks, this is going to be an excellent long-term prospect with significant gains.
Short-term traders, I expect an uptrend change coming soon lasting at least 6-12 hrs once it initiates.
Happy trading!
_________________
Follow me on Telegram for updates (premium channel for on-point trade signals).
t.me/purple_crypto
My crypto of the day is ALGO/USDT, one that has been downtrending for a very looooooong time. Based on my TA. I believe this is going to change.
Long-term analysis (as long as it can get for ALGO :) ) indicates this is heading in the same direction as BTC did when it first turned up earlier this year - EMAs, MACD, RSI (just a tiny portion of my analysis but ones that most are familiar with). All movements looking and staying the same, i.e. if it continues to move positively upwards over the next few weeks, this is going to be an excellent long-term prospect with significant gains.
Short-term traders, I expect an uptrend change coming soon lasting at least 6-12 hrs once it initiates.
Happy trading!
_________________
Follow me on Telegram for updates (premium channel for on-point trade signals).
t.me/purple_crypto
Nota
It has begun.Nota
Sadly, after a slight initial move upwards, ALGO isn't quite playing to the game yet and has somewhat stalled its progress.As my initial analysis was based on anticipation of it moving upwards within a certain timeframe which hasn't occurred, I am holding on this trade until it proves itself worthy of an entrance.
Nota
ALGO has broken the stoch RSI resistance today. Read my new analysis:
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▶ Bitchute: bitchute.com/channel/9HWKbDRnLQRD
📈 Exclusive private charts on Telegram: t.me/purple_crypto
▶ Bitchute: bitchute.com/channel/9HWKbDRnLQRD
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
🌀 Join Purple Crypto Premium: purplecrypto.online/cryptoregister
📈 Exclusive private charts on Telegram: t.me/purple_crypto
▶ Bitchute: bitchute.com/channel/9HWKbDRnLQRD
📈 Exclusive private charts on Telegram: t.me/purple_crypto
▶ Bitchute: bitchute.com/channel/9HWKbDRnLQRD
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.