+575% r coming before 2022 ... so juicy to hold ✨
Till now $0.60 is seems to be holding well for Alpha after testing it.
Most likely we gonna see a bounce up from a double bottom support.
Look at the channel on the chart, u will get that we r trying to break $1 resistance.
An estimated pullback from $1 to $0.60 within June. ( about 40% down)
On short-term n Mid-term we r bullish .
For long-term, Alpha can reach $4 before 2021 ends.
If we moved as expected on the chart, it will be a good indicator to see supports hold for 2nd time at 60 cents.
The best time to buy, when double bottom is confirmed n support hold successfully.
For me, I will buy 25% now n the rest will be filled at 60 cents region after confirmation.
After we gonna break $1 resistance we will see $1.65 straightway. (175% easily)
Pull back can be done from $1 or $1.15 ( diagonal resistance)
If u r holding now don't sell n wait to add more at $0.60 region.
DONT LEVERAGE N USE A PROPER RISK MANAGEMENT STRATEGY !!
ALPHAUSD
Alpha Finance Lab (ALPHA) • Is this final attempt? ALPHA went on longer consolidation and now if offering another try to the breakout out of the trend. A lot also depends if Bitcoin doesn't decide to crash.
Nonetheless there is a a chance we see another stop-hunt bellow the recent local lows.
Managing risk accordingly is always required
DEFI tokens trending up.
ALPHA - Consolidation (As you asked)What you're seeing here is a consolidation after breakout.
The price broke out but now it's building up a volume of Supply & Demand to confirm the breakout.
The more volume on supply, the more correction to lower prices.
But right now the Demand volume is higher so I'm predicting a retest at the resistance area soon.
Watch the prices for now and don't open any positions, but if you're looking into opening long positions, then wait until a 4H candle closure above the resistance area.
Target and Support areas are shown on chart.
⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high.
Good Luck 🎲
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DeFi Time and I am Bullish on ALPHA Finance LabAnd we have broken the triangle, hopefully some fine and dandy consolidation before another break higher.
Been following this we gem for a while as it has pretty good fundamentals and some unique features on other Defi products.
Like how Alpha lets you farm with leverage, and the latest is they have a new protocol "Alpha Vaults" which automatically manages liquidity on Uniswap v3 for you and claims to earn more yield from concentrating liquidity and periodically rebalancing which apparently reduces impermanent loss.
Sounds to me like an opportunity to get an edge over other competitors which is exactly what you need in this competitive marketspace.
Source:
medium.com
Not trading advice, just a noob trying to be more diligent and regimented in his trading strategies.
TP1 $3.55
TP2 $4.00
TP3 $4.25
SL $1.65
Hopefully by documenting this one trade so formally(which is unlike me) I now actually follow the plan :P
Wish me luck!
bullish on $ALPHA #ALPHAUSDTI am bullish on $ALPHA
* Super Algorithm Indicator is bullish. The previous bullish sign gave 410% non-leveraged.
* Current candle colour is green meaning bullish
* Ichimoku just turned strongly bullish on the current candle
>> Chiku green line is above price and has no tall candles in front of it
>> Price is above red tenkan and blue kijun
>> Bullish t&K crossover happened
* Parabolic SAR is bullish
* Good green volume above average
** Possible accumulation happening.
Target is 1.6fib at $4.7498 as shown
Price only entered the supply zone. It will likely eat the zone and then make the next big move
Alpha is Ready for $4Awesome formation in Alphausdt.
Breakout has been achieved in the 4th time..
96 days of consolidation..
Macd has been already crossed up..
Moving averages are holding the price candle like a torch..
Nice accumulation volume..
This coin is ready for take off..
Formation Target >> $4
ALPHA / USDTWhat Is Alpha Finance Lab (ALPHA) ?
Alpha Finance Lab is a cross-chain DeFi platform that looks to bring alpha to users across a variety of different blockchains, including Binance Smart Chain (BSC) and Ethereum.
The platform aims to produce an ecosystem of DeFi products that address unmet needs in the industry while remaining simple to use and access. The first product built by Alpha Finance Lab is Alpha Lending, a decentralized lending protocol with algorithmically-adjusted interest rates.
Leveraged yield-farming platform Alpha Homora was the second product launched by the platform, whereas AlphaX — a non-orderbook perpetual swap product — is scheduled to launch in 2021.
ALPHA is the native utility token of the platform. Token holders can earn a share of network fees by staking ALPHA tokens to cover any default loans. Other use cases for the token include liquidity mining and governance voting.
Alpha Finance Lab will implement governance via a decentralized autonomous organization (DAO) allowing ALPHA holders to vote on the specifics of future Alpha products, and decide how they interoperate. This governance procedure is split over two levels: product-level governance and finance-level governance, giving token holders a great deal of control over the future of Alpha.
Quick safe trade .... Alpha on support 👌✅ Buy: 1.65 - 1.75 ✅
🎯TARGETS:
1- $2.100
2- $2.600
3- $2.928
⚠️⚠️leverage up to 5x ⚠️⚠️
💵 Trade Size: 5-7% of Portfolio
🚫Invalidation(SL): 4hr candle close below 1.388
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Alpha Finance Lab (ALPHA) • Trade SetupThere is a good chance we are seeing lows for alpha. Likewise this seems the great place to start thinking about building into next 10x (hey, I DONT have any idea if we going to see 10x... this is not financial advice.)
As per video analysis there is very good chance we will start seeing strong momentum from here and following the momentum also seen on AAVE.
Despite the fact the very bullish speculation here. It is always important to ensure we keep risk to minimum because we can still seeing a significant pullback. SPECIALLY if Sam and CZ are paying attention to what common mortals post on TV.
Alpha Finance Lab (ALPHA) • After so much beating. Up is the wayAlpha Finance Lab (ALPHA) is looking like Bitcoin March 20" capitulation on lower timeframe. There is good chance it will test the upper side of range (triangle) resistance and a small pullback to test inside the triangle BUT conditions are looking good this this recent Higher Low to be the last point of support (LPS)
This is where optimal risk-reward can probably be found for a long swing trade in the upcoming days.