My view on ALEPHIUM for March

Updated
Hi everyone!

I see 2 possible scenarios for ALPH in March:

1st SCENARIO:
As you can see, we just finished a 5 Wave cycle (which I previously told you about in one of my past ideas), and I expect price to retrace a bit following Wave A towards the $3 mark, before going after Waves B and C, on which I will be able to provide more accurate predictions once Wave A is completed.

2nd SCENARIO:
If we zoom in, we can see that ALPH entered a consolidation zone on the 4H chart, and it can be a distribution zone, in which case we return to the 1st scenario, OR it can be an accumulation zone, in which case I think we can hit $5 with ease. Also there is a important S/R level at the 255M market cap, so the price could consolidate until the market cap reaches that level.

Thank you for your support on the previous ideas and good luck on your crypto journey this year!
Note
Target 1 reached!
Elliott WaveFibonacciSupport and Resistance

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