buyAfter a long period of consolidation, which lasted from February to mid March, ALPHA finally seems on the move again.
During the last two weeks it has become clear that the price is following a well-defined upward sloping support. Connecting this support to the ATH resistance draws a perfect bullish triangle.
Looking at the state of the market, I don't see why this couldn't happen. Yes, ALPHA has seen a crazy increase at the start of the bull-run , but it has fallen behind significantly over the last two months. Time for moon.
ALPHAUSDT trade ideas
🔥 ALPHA Potential Early Stage Of Massive Bullish TriangleAfter a long period of consolidation, which lasted from February to mid March, ALPHA finally seems on the move again.
During the last two weeks it has become clear that the price is following a well-defined upward sloping support. Connecting this support to the ATH resistance draws a perfect bullish triangle.
Looking at the state of the market, I don't see why this couldn't happen. Yes, ALPHA has seen a crazy increase at the start of the bull-run, but it has fallen behind significantly over the last two months. Time for moon.
Happy trading!
ALPHAUSDT (ALPHA) - BULLISH SETUP ANALYSIS 🔎
- ALPHAUSDT is consolidating in a symmetrical triangle (ST) pattern.
- A symmetrical triangle pattern is a neutral pattern.
- We're in a bullish market, so I'm looking at a potential breakout 🔼.
BUY ENTRY ⬆️
- Breakout above the symmetrical triangle's inclined resistance.
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the symmetrical triangle's inclined support.
Will Aplha PumpAlpha Usdt Trade Analysis
Alpha Usdt breaking the strong resistance and have retested on the current support. Also breaking through the ascending triangle pattern. Might pump from here as have retested the current support.
Also hosting an event on 12th of April. So a lot of good news happening.
ALPHA possible movement up?So alpha has been forming this symmetrical triangle...
I am expecting a bullish move to the first resistance area...
Here the coin has to decide whether go up to the last ATH or down to the lower supports...
The lowest resistance area is most likely not gonna happen in the short term...
And of course, we need some volume... Buying pressure always helps!!
$ALPHA - should get sent soonAlpha is a brilliant DeFi project with great prospects
Chart looks damn bullish
We had major expansion where it found a top early feb
Moved to consolidation in this ascending triangle/range
1.867 has been the 1D resistance, close above and hold of that level and the breakout should be imminent