ALPHABTC
ALPHA/BTC +451% Fibonacci / Elliott Wave strategy forecasting a 451% move ($7.71) for ALPHA.
24h Low / 24h High
$1.51 / $1.78
Market Cap
$386,687,274
24 Hour Trading Vol
$248,685,514
Circulating Supply
250,153,035 / 1,000,000,000
Fully Diluted Valuation
$1,545,802,846
Max Supply
1,000,000,000
Total Value Locked (TVL)
$750,712,978
Market Cap / TVL Ratio
0.51
Fully Diluted Valuation / TVL Ratio
2.05
I have no opinions. Just charting to the textbook. Like and share!
ALPHAUSDT (ALPHA) - POTENTIAL BUY ENTRY ANALYSIS 🔎
- ALPHAUSDT was bounded in a bullish flag pattern.
- Price brokeout above the bullish flag's resistance.
- Price action is printing an ascending triangle pattern.
- An ascending triangle pattern is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the ascending triangle's horizontal resistance.
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
ALPHA / BTC Found Support on 50 SMA on 1D chart!ALPHA / BTC Found Support on 50 SMA on 1D chart!
After recent hack, ALPHA was moving in descending channel, but it just broke out of that channel and now it's moving sideways finding strong support at 3000sats.
This is also strong historical support/resistance zone supported by volume. MACD and Stoch are also also supporting idea that it's a good moment to enter.
Targets: 4000, 5000, 6000, 7000sats
Remember about SL under 2750!
Alpha Finance Lab - ALPHAUSDT - Bull flag + DEFI Bullish- Alpha is now one of the most bullish DEFI coins out there
- Check my related analysis on DEFI space below ↓
- We can expect higher prices. The target can be 1.618 fib extension for 3rd Elliott wave to the upside
- The price is above 20 daily moving average
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$ALPHA, Worth tracking this descending trendline$ALPHA
Worth tracking this descending trendline
Showing some accumulation over ~650 sats support level (15% upside movement today) as volume is showing a very tiny recovery...
Willing to see how it evolves since upside is massive if traction ocurs.
#ALPHA