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ALPHA Will Shows Significant Gains But Finally CollapsesHello, Skyrexians! As you know we like to share with you analysis on crypto assets which are in uptrend and have significant potential to grow. Today we wanna show you the example of coin which is likely in global downtrend. For sure BINANCE:ALPHAUSDT has not set the lower low in comparison to previous bull run, but it dropped significantly to set the new ATH, that is we expect only exit pump. Let's take a look at the weekly time frame. We can see that current bear market is much more intensive than on other assets. We can see here the clear 5 Elliott waves structure to the downside. The wave 5 is likely to be finished already finishing the wave 1 of higher degree. Green dot on the Bullish/Bearish Reversal Bar Indicator shows us the strongest reversal sign that bear market is finished. It means, that large wave 2 can happen now. Despite this asset is in global downtrend it can make significant gains reaching 0.5-0.61 Fibonacci retracement level. Notice that this Fibonacci based on regular chart. We show Fibo chart for your convenience. The target is located between $1.47 and $1.87. After such incredible growth we expect the huge crash to new all-time low. Best regards, Skyrexio Team ___________________________________________________________ Please, boost this article and subscribe our page if you like analysis!
Long
by Skyrexio
1
Alpha Bank Shows Impressive Performance Alpha Bank Shows Impressive Performance in the First Nine Months of 2024, with Positive Indicators Boosting Investor Confidence and Paving the Way for Upgraded Forecasts for the Rest of the Year. Alpha Bank reported adjusted net profits of €666 million, showing a 16% annual increase, while net profits reached €489 million. The impressive increase in earnings per share to €0.27 highlights the bank's profitability, with a return on equity of 14.4%. Net interest income showed a 2% annual increase, while fee income saw an impressive rise of 11%, reaching €306 million. This growth in fee income reflects the bank’s success in diversifying its revenue streams and expanding into payment and wealth management services. The non-performing exposure (NPE) ratio stands at a low 4.6%, underscoring the resilience of the bank’s portfolio and prudent risk management. Meanwhile, the cost of risk has been significantly reduced to 63 basis points, contributing to the improvement in the bank’s asset quality. The increase in loans by 8% and deposits by 10% reflects strong customer confidence and the continuous strengthening of the bank’s portfolio. Alpha Bank seems to be adapting exceptionally well to the increased market needs, especially in the business loan segment. The bank’s balance sheet is well-structured to withstand interest rate reductions, with strong capital adequacy and a proper asset allocation. This provides stability and protection against potential market fluctuations, with minimal impact on net interest income. The increased demand for business loans is reflected in a 67% rise in corporate loans since 2018, with Alpha Bank outperforming the sector average in loan growth. The positive trend in loan demand is expected to continue, offering further growth opportunities. Alpha Bank holds a leading position in wealth management, with the largest mutual funds under management in Greece. The expected increase in fee income by 2026, particularly in the payments and wealth management sectors, supports the bank's strategy for revenue diversification. The bank is on track for further growth in earnings per share, with an expected return reaching €0.35 by 2026, thanks to continuous improvements in operational efficiency and strong financial performance. Alpha Bank’s capital adequacy is higher than the average of Greek banks, with a CET1 ratio of 15.5%, while over 30% of its market cap is expected to be distributed as dividends by 2026. This strong capital base enables management to reward shareholders while maintaining sufficient capital reserves. Detailed Financial Data of Alpha Bank for the First Nine Months of 2024 Net Interest Income Net interest income amounted to €1.243 billion for the first nine months of 2024, showing an annual increase of 2%. Despite stable interest income in recent quarters (€410 million in Q3 2024), the bank manages to maintain a steady income in its core area. Fee Income Fee income reached €306 million, up 11% compared to the same period in 2023. This increase confirms the effectiveness of the bank’s strategies to diversify its revenue sources, primarily through payment services and wealth management. Trading and Other Income Trading and other income saw an impressive 81% increase, reaching €95 million. This reflects the bank’s success in seizing opportunities in the markets and other investment activities. Operating Income and Expenses Operating income for the first nine months of 2024 amounted to €1.643 billion, up 6% compared to the previous year. Total operating expenses remained steady at €627 million, with no change, indicating successful cost management despite increased activity. The combination of revenue growth and expense stability demonstrates the bank’s improved efficiency. Pre-Provision Income Pre-provision income increased by 11%, reaching €1.016 billion. This increase is particularly significant as it strengthens the bank’s resilience to potential risks and lays the groundwork for healthy growth. Impairment Losses Impairment losses decreased by 20%, amounting to €173 million. This reduction is very positive, reflecting the improvement in the bank’s portfolio quality and reduced need for provisions against bad loans. Profit Before Tax Profit before tax amounted to €838 million, marking a significant increase of 18% compared to the same period last year. This increase reflects the positive impact of cost management and increased revenues. Net Profit After Tax Net profit after tax amounted to €489 million, showing a slight decrease of 2% compared to 2023. Although this decrease might seem negative, it is offset by the increase in adjusted net profits. Adjusted Net Profit After Tax Adjusted net profit after tax increased by 16%, reaching €666 million. This increase reflects the bank's strong financial performance and positive results without the impact of extraordinary expenses or other adjustments. Alpha Bank Shares Show Several Positive Indicators According to Analysts: Undervalued Market Price: Alpha Bank shares are trading at levels significantly below their estimated fair value, with a 55.5% discount. This means it offers substantial value for investors seeking to benefit from its potential future appreciation. Earnings Growth Forecast: Alpha Bank’s earnings are forecasted to grow at an annual rate of 18.2%, significantly exceeding both the market average and savings rates. Additionally, historical data show a 25.5% annual growth in earnings over the past five years. Analysts’ Consensus for an Upward Trend: Analysts are optimistic and agree that Alpha Bank’s stock price will rise by around 49.2% over the next year. This reflects market confidence in the company’s potential. Valuation Based on Price-to-Book Ratio (PB): The price-to-book ratio for Alpha Bank shares is at 0.5x, indicating that the market values the stock at a very low level compared to its net book value. This suggests the stock could be a good buying opportunity relative to its sector. Strong Financial Health: Alpha Bank shows adequate deposit levels and healthy loan levels, with an appropriate loan-to-deposit ratio of 70%. Although non-performing loans are at 3.8%, this percentage is not high enough to pose a risk, and the company has sufficient provisions for bad loans. Expected Revenue Growth: Although the forecasted annual revenue growth is 7.9%, this rate is positive for the company’s growth prospects, surpassing the market forecast (5.1%). Technical Analysis The technical analysis of Alpha Bank’s stock shows a strong upward trend, supported by various indicators and support and resistance levels. Moving Averages (EMA) The Exponential Moving Averages (EMAs) for 20, 50, 100, and 200 periods indicate an upward trend, with the stock trading above all these levels, signaling strong bullish momentum. Relative Strength Index (RSI) The RSI is at 80.72, indicating that the stock is in the overbought zone. While this suggests high demand and bullish momentum, it also poses a risk for a possible correction. MACD (Moving Average Convergence Divergence) The MACD line (0.0359) is above the signal line (0.0278), indicating an upward trend. The positive value of the Histogram (0.0081) further reinforces the bullish trend. Trading Volume Volume is on an upward trend, with a total volume of 1.777 million. The increase in volume supports the upward movement, as it indicates growing investor interest in buying the stock. Fibonacci Levels The Fibonacci levels confirm support and resistance points: 0.618 level at 1.4680 serves as support. Level 1 at 1.4960 also acts as a significant support level. Support and Resistance Levels R1 (Resistance 1): 1.5495, which has been exceeded, with the current stock price slightly above this level. R2 (Resistance 2): 1.5795, which could act as a point of slowing the upward trend. S1 (Support 1): 1.4275, providing fundamental support in case of a correction.
ATHEX:ALPHALong
by kgougakis
3 Altcoins to watch this weekend...BINANCE:RAREUSDT After a 50% surge, RARE is currently in a sharp correction phase. As it approaches the black structure, I will be looking for trend-following longs. BINANCE:MASKUSDT Just like RARE, MASK surged by over 60% forming a massive demand zone marked in blue. As it retests the demand zone, it would be an attractive zone to look for longs at a discount. BINANCE:ALPHAUSDT This one is the strongest among today's list, as it surged by almost 50% 2 weeks ago. ALPHA has been in a correction mode and seems the bears are loosing momentum. The more it approaches the gray demand zone, the more potential the bulls will have to kick in. Which altcoins would you like me to cover next? All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
17
Alpha Stella price was pumped strong, why?)#ALPHA price has gained +150% and was pumped in just 3 days. Previously, this happened with #APE What's going on?) Apart from the rebranding to #Stella, does anyone else know anything? Because now it remains to select coins that have been falling for a very long time, and now they have formed a pattern at the bottom, as shown on the chart, and hope that your coin will be the next to be pumped) P.S: OKX:ALPHAUSDT price has entered a zone of strong sales, so we would not be comfortable taking it long before $0.078-0.080 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
2
Alikze »» ALPHA | Movement in the descending channel🔍 Technical analysis: Movement in the descending channel - In the 1D and 1W time frames, it is moving in a descending channel. - It has encountered support in the range of the green box. - Due to the change in structure and behavior in the 1D time frame, it can have an upward movement up to the limit of the ceiling of the descending channel. 💎 If the current rising wave is accelerated, after hitting the first supply area which is the neck line of the previous corrective wave, it can continue the upward trend after a temporary correction to the next supply area. ⚠️ In addition, if the floor of the previous range is touched, the bullish scenario will be invalidated and must be reviewed and updated again.⚠️ »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« BINANCE:ALPHAUSDT
Long
by alikze
ALPHA/USDT It required break the resistance for reversal to UP!💎 Paradisers, #ALPHA is indeed exhibiting promising movements that warrant close attention. 💎 Currently, it appears that the price is poised to undergo a retest of the support area around 0.115 before potentially bouncing back to face the resistance zone between 0.13 and 0.1415. 💎 Should ALPHA successfully break above this resistance, it could signify not only a breakout from the immediate resistance but also from the descending pattern. 💎 Such a breakout would likely indicate a shift towards bullish sentiment, potentially leading to significant upward movement towards our target strong resistance area. 💎 However, if ALPHA fails to bounce off the support level and instead breaks down below it, there's a possibility that the price may revisit the key support area. 💎 Given ALPHA's historical tendency to bounce off key support levels, revisiting this zone could serve as a potential reversal point, allowing ALPHA to once again attempt to break through the resistance. 💎 Nevertheless, it's crucial to monitor ALPHA's ability to sustain its price above the key support area. A breakdown below this level would validate bearish momentum, and the bullish thesis would be invalidated. In such a scenario, the price may experience further downward movement. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise_Nathan
5
ALPHA/USDT preparing for bullish move| 👀🚀Alpha Today analysis💎 Paradisers, let's dive into #ALPHAUSDT as it's gearing up for a bullish turn from its support zone, indicating a strong chance for an upward movement. 💎 After breaking free from a descending channel, MYX:ALPHA is now in a position to potentially hit the resistance at $0.1697. The decreased volume at this point hints at a likely continuation of the bullish trend from the $0.1525 support zone, where an increase in volume suggests a momentum shift could be underway. 💎 However, if #ALPHA price drops below this support zone, it's time to adjust our strategy. We're prepared for a bullish recovery from the deeper support at $0.1460. A failure to rally from this level might lead to further declines. Let's stay vigilant and ready to pivot as necessary.
Long
by MyCryptoParadise_Simon
1
Another Saucer pattern is Seen - Let's Trade 📈#ALPHA/USDT #Analysis Description --------------------------------------------------------------- + ALPHA is currently forming the saucer pattern that we have seen in BINANCE:LITUSDT + The saucer pattern typically indicates a bullish sentiment, suggesting that once the price surpasses the resistance line, a significant price increase can be anticipated. + I plan to enter a LONG trade post-breakout, targeting an entry price of approximately 0.1534. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 0.1534 Stop Loss: 0.1162 ------------------------------ Target 1: 0.1715 Target 2: 0.1896 Target 3: 0.2239 Target 4: 0.2979 ------------------------------ Timeframe: 1D Capital: 1-2% of trading capital Leverage: 5-15x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
4
Alikze »» ALPHA | Condensation area failureIn the weekly time frame 1W after a complex correction has made a floor in the 0.0622 range and after a cycle of almost 650 days after the breakdown of the consolidation it will now have the ability to grow up to the indicated areas with support in the green box area. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.❤️ »»»«««»»»«««»»»«««
Long
by alikze
3
🚧ALPHAUSDT is Bullish now🚧 & many Traders don't see it 👀!!!Hi. BINANCE:ALPHAUSDT Today, I want to analyze ALPHA for you in a 3D time frame so that we can have a mid-term view of ALPHA regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). ALPHAUSDT is going to test the top of channel & C&H on 3D timeframe🤔 Up we go if we do breakout. ✅ Due to the Ascending structure of the chart... - High potential areas are clear in the chart. - AB=CD - Ascending Channel - cup & handle Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
2