Alpha
ALPHA broke out parallel channel#ALPHA/USDT
$ALPHA broke out from long term descending parallel channel, and now struggle to break out from resistance zone.
it is possible to have a pullback to support zone or just upper line of channel in short term, then extend its uptrend to resistance zone around $0.7.
XRP FORECASTOccasionally we will post some crypto analysis if there is a lot of interest in the currency.
XRP is a very popular one so we decided to analyse it. Most cryptos are now reversing from a long term down trend.
XRP is no different, we don't tend to short crypto but use these points as targets to take profit from our longs as you can see by the potential short zones.
This is what we see for XRP long term if we continue bullish order flow.
$1.28 and $1.70 are our target zones!
ALPHA/USDT 1DAY UPDATE BY CRYPTOSANDERSWelcome to this quick ALPHA/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-ALPHA/USDT is bullish and buy CMP and Green zone down side brake and position close
Entry:-CMP and BUY THE GREEN ZONE
Target:- 20% to 25%
Stop loss:- Green zone down side close
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
GBP/USD Short ForecastAs we have been in a long term down trend for the last couple months we are long term bearish on OANDA:GBPUSD . Expecting price to drop to our magnet zone.
Price already respected out Short Zone however we anticipate a second test deeper into our zone before dropping with momentum. If not we will look to take intraday trades down into our long zone which we do not expect to hold however, we expect price to react briefly off, before later breaking it to form new lows. We will also lookout for new short zones that may form in the mean time.
EUR/USD ForecastingAs we have been in a long term down trend for the last couple months we are long term bearish on EURUSD . Expecting price to drop to our magnet zone.
It seems price is retracing so we are short term bullish until price reaches short zone 1 where we will be looking to short. If price does not respect zone 1 then we will look to short from zone 2.
However we are also weary price may continue dropping from here and create new lows. We will look to see how this week ends. EU price has been choppy for the past several weeks so we are on standby until we get a clear indication of price respecting our zones.
$ALPHA Hidden GEM 💎💎Patience is the key to profit.
Given the growth of TVL and the addition of functional and attractive products such as AlphaX & Alpha Homora v2 (avax), I envision a bright and wonderful future. The project roadmap says it all, please read it at blog.alphafinance.io. You notice the alpha diamond
ALPHA - EASY Breakout Trade! 🚀In our last Alpha analysis, we had our first breakout trade which played out really well, amassing almost 400% raw gain! (See chart for idea)
Once again we find ourselves at another descending correction and watching for a breakout. We have 2 structure levels which we are focusing on. If the current structure level fails to hold, watch the lower structure level.
Trade Idea:
- Watch for breakout
- Enter with stops below the recent lows
- Targets: 1.300, 1.500, 2.400, actively manage the rest.
Goodluck!