ALPHAUSDT
ALPHA/USDT : Confirmed breakout on low TF BINANCE:ALPHAUSDT
Hello everyone 😃
ALPHA had a breakout in low TF and it's holding above support zone.
Volatility was at sell limit and now it's at neutral level..
There's a chance for ALPHA to retest support line again.
📌 1.53$ support line is heavy, There is a possibility for ALPHA to hold above it !!
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
ALPHAUSDT (ALPHA) - BULLISH SETUP ANALYSIS 🔎
- ALPHAUSDT is consolidating in a symmetrical triangle (ST) pattern.
- A symmetrical triangle pattern is a neutral pattern.
- We're in a bullish market, so I'm looking at a potential breakout 🔼.
BUY ENTRY ⬆️
- Breakout above the symmetrical triangle's inclined resistance.
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the symmetrical triangle's inclined support.
ALPHA possible movement up?So alpha has been forming this symmetrical triangle...
I am expecting a bullish move to the first resistance area...
Here the coin has to decide whether go up to the last ATH or down to the lower supports...
The lowest resistance area is most likely not gonna happen in the short term...
And of course, we need some volume... Buying pressure always helps!!
$ALPHA - should get sent soonAlpha is a brilliant DeFi project with great prospects
Chart looks damn bullish
We had major expansion where it found a top early feb
Moved to consolidation in this ascending triangle/range
1.867 has been the 1D resistance, close above and hold of that level and the breakout should be imminent
ALPHAUSD - LONG (Bulls in control) Ascending Triangle 4 Hour Chart
Set up - Ascending Triangle
We can see ALPHAUSDT has formed a nice Ascending Triangle Formation, and price is starting to get very tight.
We have had a deviation breakout from this ascending triangle, price more often then not will not deviate from a breakout twice.
Price has found support, on the 0.618% Fib along with some Daily Order Blocks.
Any trades placed from here, stop losses should be below the 4 hour pin bar @ $1.65
We are targeting the upper order block resistances, and the Ascending triangle target.
This trade is offering us a 4 to 1 risk reward ratio, and bulls have the upperhand.
ALPHAUSD – Potential 79% gainsBUY: 1.64 – 1.74
TARGETS:
1) 2.00
2) 2.47
3) 2.94
STOP: When a 4h candle closes below 1.28
Rationale:
-Price has reclaimed the 4h 100 EMA and 200 EMA and is holding above (bullish)
-Bullish divergence has formed (pink lines)
-Price has just broken and retested the upper trendline support (upper white line)
-Price will likely re-test the EMAs again before making a strong move up
-As long as price remains above the EMAs we are bullish.
Your risk, your reward. This is not financial advice.
Happy trading.
ALPHA (ALPHAPERP) – Long signalBUY: 1.92 – 2.09 (Wait for price to enter buy zone)
TARGETS:
1) 2.48
2) 2.98
STOP: When a 4h candle closes below 1.5
Rationale:
-Price has been respecting two diagonal trendlines and has just broken out and retested the trendline, converting it to support.
-The trendlines intersect in the same area as the 100 and 200 EMAs. This confluence indicates it is a strong level of support.
-Volume has increased after the retest, and the RSI is looking strong.
-Stop loss is positioned under the trendlines and 200 EMA.
Your risk, your reward. This is not financial advice.
Happy trading.
$ALPHA - DeFi and flat-top triangles = PumpALPHA a very promising DeFi project but yet to fully release and have its services utilised by the community
Technically we have a movement to mid of high to low where we are printing equal highs and rising higher lows
Safest entry should be on retest of the flat-top
Let's see....