ALPHAUSDT trade ideas
#ALPHA $ALPHA This chart itself tells how bullish it is from here !
- We have completed Wave 1 aka Impulse 1 Expansion and the correction of wave 1 is over most likely !
- The new rally took off Impulsively which suggest its a start of Something which in theory shows that we are currently in Wave 3 Macro Angle which should be strong and Monstrous!
- The best Possible Swing Long entry would be the Wave 2 Bottom which typically bottoms out at 0.5 - 0.618 Fib Ratio so wait for the first wave to complete and then enter 30% at 0.382 FIB ; 35% at 0.5 FIB and 35% at 0.618 FIB
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ALPHAUSDT is creating Flag/Pennant PatternALPHAUSDT(1H CHART) Technical Analysis
Flag/Pennant Pattern
ALPHAUSDT(1H CHART) currently trading at $0.798
Buy-level: Above $0.816 (Buy after Breakout)
Stop loss: Below $0.767
Target 1: $0.843
Target 2: $0.887
Target 3: $0.937
Target 4: $0.989
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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ALPHAUSDT SHORT/BEARISHALPHAUSDT SHORT/BEARISH - We're currently in a range which means you should sell high and buy long, we're at VAH which is a strong resistance and a place to short, if we break this resistance the next place to short is at the light blue line named SFP. I am personally now in a short with TP at the Daily (next level to the downside)
ALPHA - Is it over?ALPHA moved more than 60% which is amazing. But I think it's he end of it because it topped all the local resistance areas and now the sell volume is going up. It must have a small correction before going up again.
If the prices crossed that resistance area and closed a 4H candle above that price zone, then you can open your long positions and aim for the other resistance line as TP!
Current Market Price: $0.8550
Good Luck
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ALPHAUSDT cup and handleAlpha is clearly back in an uptrend and almost finished this cup and handle pattern.
Next target for me is the upper line of the channel and then it might pull back a little bit to get ready for the next move up.
This year could be huge for ALPHA!
Also, look at the weekly. Stochastic RSI has just made a bullish crossover.
ALPHA coins : buy and hodl for long term bullish . for my analysis : alpha coin is a governance token for alpha homara . it's defi platform for liquidlity and swap that 12th of overall .
i think in the not too distant future, alpha coins will cost much higher than before by looking at the first price is 6.7$ and next target price is 45.4$.
thank you for reading my pov analysis .
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ALPHA - Approaching Buy Area!In our previous analysis we were waiting for Alpha to move down more to our buy area between 0.3 and 0.5. We are now approaching that area in a descending correction which is often a reversal pattern.
We will be waiting for a breakout and entering on the break with stops below the correction.
ALPHA - Approaching Buy Area!In our previous analysis we were waiting for Alpha to move down more to our buy area between 0.3 and 0.5. We are now approaching that area in a descending correction which is often a reversal pattern.
We will be waiting for a breakout and entering on the break with stops below the correction.
ALPHAUSDTPrice was influenced by the sellers (bears), which pushed the price from the major resistance zone at the price of 2.2000 to the major support zone at the price of 0.5129. Since then, the price has been consolidating, and form a minor resistance at 1.000. However, the price has also formed a chart pattern known as Falling Wedge which signifies an uptrend. If the price can break and close above the resistance trendline, a bullish pressure will come in place to the minor resistance zone, and a break above the minor resistance line, another bullish pressure will set in further up following the arrow drawn.