The overly optimistic version of my idea on the weekly chart. We come from a collapse and a long period of accumulation. If we look at this TF, even BTC was uncertain in mid-January 2021. $Alpha appears to be repeating the January movement. The chart is approaching the fourth week from the collapse, where in January from a low of 0.37 it had broken through 1 usd...
Alpha needs to go through these 2 resistance lines and it will go up parabolically
Welcome 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....
*** This is just for educational purpose, not an investment advice. I am not any financial advisor, just sharing my own analysis.
*** This is just for educational purpose, not an investment advice. I am not a financial advisor, I am just sharing my own analysis. Thanks for watching.