$ALPHA WEEKLY & really optimistic idea. 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 in a few days. Volumes also look similar. My Target is around 3,00 USD.
ALPHAUSDT
ALPHA - Important Price Action ✨From a higher timeframe view, we can see that there are 3 significant bearish phases.
Phase 1 and 2 are really impulsive indicating there's heavy momentum to the downside. However, phase 3 is very corrective with short bodied bearish candles. This indicates that there isn't much momentum to the downside and that bulls are coming back into the market. We can see that after the corrective phase 3, we broke up to the upside. Anticipating further bullish momentum to the upside, back to ATH's.
Trade Idea:
- Watch lower timeframe for bullish reversal. Worst case we can come back to double bottom
- Enter with stops below the lows
- Targets: 1.300, 1.500, 2.400, actively manage the rest
Goodluck!
ALPHAUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
ALPHA/USDT, 4h time frame
Currently the price is consolidating inside a support area and is likely to retrace to a lower support zone in case of losing the current support area. For now we do not expect this scenario to happen as our current support area has done well in preventing a decline. Thus we reckon with a movement towards the next resistance area.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
Alpha is forming a falling wedge, 50% this week.Alpha is forming this bullish falling wedge which will go up roughly about 50% as in the previous pattern. And it's going to be only showing strong rise movement from there. I'm predicting it will hit its previous all-time high between 1 - 2 more months. Full potential. Hold your pocket cuz we're going to Jupiter. With its low risk to high reward ratio, It's a no-brainer and I'm sure everyone will be disappointed for not picking this coin!
ALPHAUSDT (ALPHA) Mid to Daily tf Range Updated till 2-4-22ALPHAUSDT (ALPHA) Midtier to Daily timeframe range. The gap from its top till this point is insane. still above listing price which is not half bad. it got potential but that potential actually depend on its development. you need to put something to get something right. the pump around from #spring test make sense and it was a high probability swing setup which tested 24 nov 2020 trend. this alt got good amount of space between its ranges, so its right alt for swing and position traders. of course from both sides between its zone.
ALPHA (Alpha Finance Lab) Token Analysis 26/03/2022Fundamental Analysis:
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.
Alpha Finance Lab looks to differentiate itself from other DeFi ecosystems by actively seeking, identifying and addressing unmet needs in the DeFi space with a breakneck development cycle.
Unlike other platforms, Alpha Finance Lab looks to ensure its solutions don’t just offer in-demand utility but are also user-friendly, helping to make DeFi more accessible. Each product developed by Alpha Finance Lab also acts to bolster the entire Alpha ecosystem, by providing additional utility for ALPHA token holders.
Alpha Finance Lab’s first products each claim to bring an entirely new solution to the market. Alpha Homora is the first platform to introduce the leveraged yield farming concept and with the launch of Alpha Homora V2 in 2021, it will introduce the first smart contract that is capable of borrowing from another smart contract (Cream Finance) in an under-collateralized way.
Moreover, once launched, AlphaX will become the first Uniswap/Sushiswap-style perpetual swap decentralized exchange without order books. This will allow more individuals to access the benefits of perpetual swaps (such as trading on leverage), without having to understand how they work in the background.
As an ERC-20 token, ALPHA is backed by one of the most robust and secure blockchain networks in popular usage — Ethereum. It is kept secure by its extensive proof-of-work (POW) mining network, which uses an army of dedicated miners to maintain the integrity of the network.
Although Alpha Finance Labs has dedicated developers and researchers, it also relies on external audits to ensure its smart contracts are secure. For example, Alpha Finance Labs has enlisted both PeckShield and Quantstamp to audit the smart contract code for Alpha Homora V2.
The ALPHA token was initially launched with a circulating supply of 174.1 million tokens out of a total of 1 billion ALPHA.
According to Binance’s Alpha Finance Labs research paper, the total supply of ALPHA tokens is allocated as follows:
Binance Launchpad Sale: 10.00% of the total token supply
Binance Launchpool: 5.00% of the total token supply
Private Sale: 13.33% of the total token supply
Liquidity Mining: 20.00% of the total token supply
Team & Advisors: 15.00% of the total token supply
Ecosystem: 36.67% of the total token supply
Alpha Finance Lab (ALPHA) launched in 2020, following a public token sale on the Binance Launchpad.
The platform was founded by Tascha Punyaneramitdee, Alpha Finance Labs' project lead and a former head of strategy at Band Protocol. Prior to her position at Alpha Finance Lab, Punyaneramitdee gained extensive experience working with global financial firms — most recently working as an investment banking analyst at Jefferies from 2017-2018, and product manager at technology giant Tencent from 2018 to 2020.
In addition to Punyaneramitdee, the Alpha Finance Labs core team also includes lead engineer and blockchain researcher Nipun Pitimanaaree, a graduate in Mathematics and Computer Science from Massachusetts Institute of Technology (MIT) who won a gold medal at the International Mathematical Olympiad (IMO) four years in a row.
In total, the Alpha Finance Labs team consists of at least seven members, according to its official LinkedIn page.
The current CoinMarketCap ranking is #319, with a live market cap of $137,289,217 USD. It has a circulating supply of 446,330,126 ALPHA coins and a max. supply of 1,000,000,000 ALPHA coins.
Technical Analysis:
The Price has fallen 90% of its All Time High and now is Ranging below its 85% which is a sign of Discounted Price and being Under Value. currently we can observe that it is Accumulating the Volume and soon the Smart Money will move the Price to its higher levels.
There exist a Bullish Divergence of Price with MACD which is the sign of Bearish Trend Reversal and start of a new cycle.
we have defined 3 Targets using the Fibonacci Trend Based Extension Tool, where as the said Targets are having confluences with the Fibonacci Extension of the Current Main Cycle.
3 TP Gets its Confirmation as if the Price Touches the 2 TP followed by some Price Correction to the lower levels and new Volume accumulation.
ALPHA FINANCE 100% BUYalpha is down bellow strong weekly low where retail and lot of traders place stoploss, after that we saw sharp increase on volume and price movement.
Crypto com just list ALPHA...homora new project is out and more nees comming...also on BTC pair alpha looking for price increase...
ALPHAUSDT - Descending Channel BreakoutALPHAUSDT (1D Chart) Technical analysis
ALPHAUSDT (1D Chart) Currently trading at $0.315
Buy level: Above $0.311
Stop loss: Below $0.250
Target 1: $0.349
Target 2: $0.456
Target 3: $0.60
Target 4: $0.78
Target 5: $1
Max Leverage 2x / Spot Market
Always keep Stop loss
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