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Alphausdtanalysis

ALPHA Will Shows Significant Gains But Finally CollapsesHello, Skyrexians! As you know we like to share with you analysis on crypto assets which are in uptrend and have significant potential to grow. Today we wanna show you the example of coin which is likely in global downtrend. For sure BINANCE:ALPHAUSDT has not set the lower low in comparison to previous bull run, but it dropped significantly to set the new ATH, that is we expect only exit pump. Let's take a look at the weekly time frame. We can see that current bear market is much more intensive than on other assets. We can see here the clear 5 Elliott waves structure to the downside. The wave 5 is likely to be finished already finishing the wave 1 of higher degree. Green dot on the Bullish/Bearish Reversal Bar Indicator shows us the strongest reversal sign that bear market is finished. It means, that large wave 2 can happen now. Despite this asset is in global downtrend it can make significant gains reaching 0.5-0.61 Fibonacci retracement level. Notice that this Fibonacci based on regular chart. We show Fibo chart for your convenience. The target is located between $1.47 and $1.87. After such incredible growth we expect the huge crash to new all-time low. Best regards, Skyrexio Team ___________________________________________________________ Please, boost this article and subscribe our page if you like analysis!
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by Skyrexio
ALPHA/USDT It required break the resistance for reversal to UP!💎 Paradisers, #ALPHA is indeed exhibiting promising movements that warrant close attention. 💎 Currently, it appears that the price is poised to undergo a retest of the support area around 0.115 before potentially bouncing back to face the resistance zone between 0.13 and 0.1415. 💎 Should ALPHA successfully break above this resistance, it could signify not only a breakout from the immediate resistance but also from the descending pattern. 💎 Such a breakout would likely indicate a shift towards bullish sentiment, potentially leading to significant upward movement towards our target strong resistance area. 💎 However, if ALPHA fails to bounce off the support level and instead breaks down below it, there's a possibility that the price may revisit the key support area. 💎 Given ALPHA's historical tendency to bounce off key support levels, revisiting this zone could serve as a potential reversal point, allowing ALPHA to once again attempt to break through the resistance. 💎 Nevertheless, it's crucial to monitor ALPHA's ability to sustain its price above the key support area. A breakdown below this level would validate bearish momentum, and the bullish thesis would be invalidated. In such a scenario, the price may experience further downward movement. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise_Nathan
5
ALPHA/USDT Bullish Momentum for ALPHA back to upward movement!💎 ALPHA has recently experienced significant market dynamics, facing rejection at the supply area. There's a potential for the price to undergo a retracement phase, testing the support area that was previously a resistance. 💎 If this retest is successful, with the price bouncing off the support, it could signal an attempt to break through the supply area again. A successful breakout above this level could lead to a significant upward movement towards our target area. 💎 However, if ALPHA fails to bounce off the support and instead breaks down below it, the price may reverse its trajectory and head downwards towards the demand area to establish a new momentum. 💎 The demand area has historically shown strength, often resulting in significant bounces when tested. Therefore, if ALPHA returns to this zone, there's a strong possibility of an upward reversal. Yet, if the demand area is breached, it could signify a more bearish trend for ALPHA, potentially leading to further declines.
by MyCryptoParadise_Nathan
6
Alpha USDT Long Entry Chats shows a bullish signBINANCE:ALPHAUSDT.P Alpha USDT Price Break the resistance level .11276 now retest the in 1 Hr TF. Bullish Candle in 4 Hr very good bullish sign towards price more upward direction in coming hr. Price 2 times test the .12544 Level now again test this level. If price break this level or stay above this level at least 1 day then chances move upward direction. Otherwise again tested and rejected this level again. Now we enter the .11500 level. And tp is .12511.
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by ChartsInsights
ALPHA/USDT 6 HOURS UPDATE Welcome to this quick Update, everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures. I have tried my best to bring the best possible outcome in this chart. ALPHA /USDT breaks this bullish expanding triangle pattern and now retesting it or on the support of 21MA. Entry: CMP or upside the 21MA Targets: 50%TO 60% Stop Loss: $0.4 What's your thought on this? Do hit the like button if you like this update and share your views in the comment section. Thank you #PEACE
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by CRYPTOMOJO_TA
ALPHAUSDT AnalysisHello friends. Please support my work by clicking the LIKE button(If you liked).Thank you! Everything on the chart. open pos: 0.96-1.02 target: 1.3 - 1.6 - 1.8 after first target reached move ur stop to breakeven stop: ~0.75(depending of ur risk). ALWAYS follow ur RM . risk/reward 1 to 3.5 Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Will be very APPRECIATE FOR UR DONAT/coins :) Open to your questions or suggestions(Looking for investors!).
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by trytofeelpositive
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