ALPHA POTENTIAL UPSIDE BREAKDOWN?
Disclaimer:
Just for self education and to follow up the asset easier. It's obviously NOT an Investment Recommendation.
Here we come, the graph is so simple, take it or leave it. 1.75 is our target to break, if this happens TP1 is 2$. then we will settle down and look for what will happen next.. 1.75 is a real deal resistance, if ALPHA can't break it then we will see the 1st support line, you know the scenario what will happen when we see the support line... another take it or leave it moment for us. Let's seee together. RSI and Macd is ready for upside move but what about the volume ????
Let's see it together.
Just for self education and to follow up the asset easier. It's obviously NOT an Investment Recommendation.
Here we come, the graph is so simple, take it or leave it. 1.75 is our target to break, if this happens TP1 is 2$. then we will settle down and look for what will happen next.. 1.75 is a real deal resistance, if ALPHA can't break it then we will see the 1st support line, you know the scenario what will happen when we see the support line... another take it or leave it moment for us. Let's seee together. RSI and Macd is ready for upside move but what about the volume ????
Let's see it together.
Note
Forgot to add, 1.86 will be another point before we go for 2$. Which basically tells us between 1.75 and 1.86 we need a volume to jump over the hurdle...Note
As the graph shows, it just tried 1.75-1.8 level but couldn't break it, maybe next time.. I just halved my position maybe a quick call the time will show the truth lets see it. Right now I can easily say if it will reach the support level, I will open my position more stronger than now...Note
Following 1 hour and 4 hour period is really important if a green candle will show up in the 1 hour, then it can look above again, if the next 4 hour candle is green I think this time it will break the resist 1.8.Note
It couldn't make a green candle so the roadtrip to support line is on the way, a buy opportunity from the support line.. I will keep you updatedNote
We reached the support line yesterday but it wasn't an organic one, a total correction in the market whatsoever, it was a perfect buy zone. I will keep you updatedNote
Btw, It was a perfect call -close my position- as I said in the 3rd update and also as I said, I strengthen my position from the dip..Note
Look for the related Ideas, I made a big update. KEEP SAFE GUYS AND STAY CALM IN THE CORRECTION PERIOD. NEVER FORGET ITS BEST TIME TO EARN MONEY. ( I am talking in general not for alpha. XOXO
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