ALPHAUSDT trade ideas
ALPHAUSDT Daily S/R| .618 Fibonacci| Price Action| Trend Evening Traders,
Today’s analysis – ALPHAUSDT- trading above its Daily S/R that has strong technical confluence,
Points to consider,
- Price Action Impulsive
- Daily S/R Support
(.618 Fibonacci and POC S/R Support)
- Oscillators Neutral
- Daily S/R objective
ALPHAUSDT’s immediate price action is trading above its Daily S/R that is in confluence with the .618 Fibonacci and POC S/R support, this allows for a bullish bias.
The oscillators are current trading neutral, trading and remaining in their respective bullish control zones is indicative of strength.
Current Daily S/R is the objective, exceeding this level will increase the probability of a bullish continuation.
Overall, in my opinion, ALPHUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“Fear, inherently, is not meant to limit you. Fear is the brain’s way of saying that there is something important for you to overcome.” ― Yvan Byeajee
ALPHA fly easy peasy target First we need a reversed head and shoulder so we need to form the right shoulder , we go to re test the support line and then with breaking neckline we expect sharp movement to the purple target , then if we zoom out we see the light green double bottom which easily can reach us to the light green target .
don't forget to set stop as red
and you can enter only when we are in trend line (or support ) after retest ;)))
LONGALPHA looking strong, both bearish treandline and channel broken and pullbacked, looking really good for a expansion above ATH.
[65%] ALPHA / USDTWhat Is Alpha Finance Lab (ALPHA) ?
Alpha Finance Lab is a cross-chain DeFi platform that looks to bring alpha to users across a variety of different blockchains, including Binance Smart Chain (BSC) and Ethereum.
The platform aims to produce an ecosystem of DeFi products that address unmet needs in the industry while remaining simple to use and access. The first product built by Alpha Finance Lab is Alpha Lending, a decentralized lending protocol with algorithmically-adjusted interest rates.
Leveraged yield-farming platform Alpha Homora was the second product launched by the platform, whereas AlphaX — a non-orderbook perpetual swap product — is scheduled to launch in 2021.
ALPHA is the native utility token of the platform. Token holders can earn a share of network fees by staking ALPHA tokens to cover any default loans. Other use cases for the token include liquidity mining and governance voting.
Alpha Finance Lab will implement governance via a decentralized autonomous organization (DAO) allowing ALPHA holders to vote on the specifics of future Alpha products, and decide how they interoperate. This governance procedure is split over two levels: product-level governance and finance-level governance, giving token holders a great deal of control over the future of Alpha.
ALPHA resistance flippeningALPHA fights with resistance at $1.9.
While bears loosing a power, bullish triangle pattern was formed.
DEX: Uniswap. Sushiswap
CEX: Binance, (Bilaxy?)
Not a financial advice.
Do your own research.
ALPHA, the first target reached, ALPHAUSDHello my friends. Our first target reached , we can close and wait for new rally. So whether you close it or keep it, for the new rally, we need the price to break the baseband first then stabilize. Good luck.
If its useful like it please and follow me for next analysis :)
.
you can see the previous analysis of Alpha in below link.
ALPHA in good position, alphausdHello my friends, everything is clear on the chart for you. Monitor this area. if its useful like it as a support please and follow me for next analysis :)
Quick Trade for ALPHAInvalid if trade below the support line (rectangle blue)
Feel free to ask/discuss anything.
Don't forget to follow and like.
ALPHAUSDT Potenciel Pumpalpha is breaking out of a bulliush flag to start wave 3 and target 2.6Dollars
Alpha bullish flag High bullish flag with a huge potential to hit 2 $ very soon the fact that the fib retracement fit perfecly with the current state of the bullish flag add even more certitude
ALPHA/USDTALPHA has been trading in a ranging market for quite a while now. Over the course of a few weeks, ALPHA has managed to form a symmetric triangle. As of today, it broke out on the upside of this triangle. Looking at the fact that it almost didn't get hurt by Bitcoin's sell-off earlier today, we might have a strong bullish run at hand.
🔥 ALPHA Symmetric Triangle Break-OutALPHA has been trading in a ranging market for quite a while now. Over the course of a few weeks, ALPHA has managed to form a symmetric triangle. As of today, it broke out on the upside of this triangle. Looking at the fact that it almost didn't get hurt by Bitcoin's sell-off earlier today, we might have a strong bullish run at hand.
In the meantime, take a look at my long-term ALPHA analysis below.
