Algorand [ALGO] Cryptocurrency Price Prediction and Analysis - Feb 16 2022

Algorand ALGO Cryptocurrency Price Prediction, Forecast and Technical Analysis. This analysis reviews Algorand ALGO without Algorand ALGO news or other explained fundamental analysis. This analysis is strictly technical in nature and focuses on Algorand ALGO prices action only in a live market setting.

The Algorand ALGO Cryptocurrency Price Prediction, Forecast, and Technical Analysis methods are varied. Price predictions for Algorand ALGO are developed through the use of Point and Figure, Ichimoku Kinko Hyo, and Gann Analysis. However, the forecasting and price prediction of Algorand ALGO is not limited to just those methods and theories. Algorand ALGO news and other fundamental data are almost never utilized in my analysis as it is strictly technical. Trade ideas, if identified, can be found below and present buy opportunity, sell or short opportunities with theoretical and hypothetical profit targets and stop losses identified. Any Algorand ALGO price trade ideas with Point and Figure identify the box size and reversal amount. Any Algorand ALGO price trade ideas with Japanese Candlestick charts have the timescale identified. The dates in the trade idea description are when the original Algorand ALGO price trade idea was developed. Also, I hate how Google SEO for crypto works but is necessary to attract people. So dumb.

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The long idea from Jan 20th failed to trigger and was canceled. Two new trade ideas were identified.
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Trade-Ideas
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($0.05 P&F Chart) - Feb 16th
Buy Stop @ $1.10
Stop Loss @ $0.90
Profit Target @ $1.70

($0.05 P&F Chart) - Feb 16th
Sell Stop @ $0.80
Stop Loss @ $0.95
Profit Target @ $0.30
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Dollar-Cost Averaging - Updated Nov 4th
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0.904
0.59
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