Price Operational Strategy for Algorrand (Wages) for Trade
Algorand is a decentralized platform by Blockchain and Consensus algorithm that allows you to quickly, secure and transparent transactions. With its unique qualities and growing adoption, it has become an attractive investment in the possibility of traders. In this article, we will study the price operating strategies of Algorand (hired) and provide information on how to use these strategies on the market.
Understanding Algorand Price Activity
It is important to understand the basic elements of the Algorand price mechanism before diving into pricing strategies. The price of hiring is determined by the relative deficit of the new coin, created by a consensus algorithm (POS) on Saturday and a general supply of cryptocurrency.
algorrand trading price operating strategy
Here are some popular price operating strategies for Algorrand Trade:
1.
ICH chart articles
ICH graphics, a technical chart that uses the ICHI icchi chart to analyze the price operation, can be used to identify possible buying and selling options on the Algorand market.
* Trend Change : Looking for a strong trend change where the price changes from reverse.
* Model breaks : Identify possible resistance levels that may indicate an ugly turn or bear.
* Support and Resistance : Analyze the relationship between support levels and resistance to predict price movements.
2.
Moving environment
Moving media (MA) is a popular technical analysis tool used to identify trends and to provide price movement.
* MA Temporary: Use MAS in the short term (for example, in 50 periods) to identify potential buying or selling options based on pulse.
* MA Long -term: Use MAS in the long run (for example, 200 periods) to identify trends and anticipate price movements in the coming days or weeks.
3.
Bolninger bands
Bollinger bands are a volatility -based technical analysis tool that helps traders identify potential volatility -based buying or selling options.
* Band Bollinger Superior (UBB) : Identify when the upper tape is below the current price indicating the bear trend.
* Band Bollinger Lower (LBB) : Identify when the lower bar exceeds the current price, pointing to the bullish trend.
4.
Relative force index (RSI)
The Relative Resistance Index (RSI) is a popular technical analysis tool used to identify overvalued or monitoring conditions.
* Covering condition : Identify when RSI falls below 30 and remains below more than 3 periods, indicating an overvalued position.
* Overcoming the condition : Identify when RSI increases above 70 and remains higher than 3 periods, indicating the overcoming position.
5.
ich ich
ICH signals are a type of technical analysis tool that uses the ICH chart to identify potential buying or selling options based on price operations.
* Long Signal : Identify when the ICH line crosses above the average ICH band, indicating a long signal.
* Short Signal : Identify when the ICH line crosses below the middle point of the ICH bar, indicating a short signal.
an example of trading strategy
Here is an example of a trading strategy that includes several price strategies:
Strategy Title: “The trend follows ICH and RSI models”
- Enter a long position when the ICH line crosses above the middle ich band.
- Enter a short position when the ICH line crosses below the middle point of the ich tape.
- Use MA in 2 periods to identify potential buying or selling options based on pulse.
Graphics for example:
| Time Price
| — —
| 2023-02-01 09:00 | $ 100,50
| 2023-02-01 10:00 | $ 100.70
| 2023-02-01 11:00 | $ 100.90
| … … …