ALPHA/USDT Waiting For Breakout Hello
This 1D Timeframe and if it breakout then its gonna pump hard...so keep an eye on it.
Thank You
ALPHAUSDT.P trade ideas
AlphaWe have a channel for daily timeframe, that we can buy this currency in the zone that Has been specified in chart clearly. Because in this spot this currency we have two important zone. I mean, we have: 1- fib time zone and 2-we arrive to the lowest channel. So we can have a plane for this zone for a long term time.
BINANCE:ALPHAUSDT
Thanks
Alpha Retrace Complete Time to Long Alpha has been retracing since it printed its ATH at the start of the month 5 Feb ... During the past 6 days we have been consolidating within a triangle and we are now near to the apex for a potential break out to the upside.
I have highlighted Technical areas of where Im expecting PA to go to . Ensure to have your own SL and know in advance of where you are wrong .
ALPHA Support/Resistance Zones and Price TargetsWe can see that ALPHA has been in a strong daily uptrend since October, 2020. ALPHA is up approximately 7,000% in 125 days!!!
ALPHA recently made a higher high so I suspect ALPHA is now working on putting in a higher low.
Currently, ALPHA is sitting on daily vertical support, which has confluence with the 0.236 Fibonacci and the green 55EMA.
If price closes below the 0.236 Fibonacci and 55EMA, then I suspect price will come down to the next support zone.
If price flips the 21EMA into support, hidden bullish divergence may be confirmed. This should initiate a move up to the next resistance zone at $2.15.
On the 4H, we can see that price has found support right above the 0.618 Fibonacci. This is a key level of significance. I am bullish on this asset as long as it is closing above the 0.618 Fibonacci. Further, if price closes above the prior 4H high at $1.77, then I suspect price will head up to the next resistance zone.
However, if price closes a 4H below the 0.65 Fibonacci, then I suspect we'll see a move down toward the next level of support at $0.95.
Daily stochastics have recently flipped up and will remain crossed up as long as price is closing above $1.433. 66% of the time daily stochastics cross up, price follows.
RSI is currently in the neural zone. For a bullish continuation, I'm looking for a bounce from this zone. There is massive 'potential' hidden bullish divergence on this chart. A daily close above about $1.70 should confirm hidden bullish divergence.
ALPHA Fibonacci Targets
If price starts closing above the prior ATH, then I will be targeting these Fibonacci extensions!
The daily Fibonacci extension targets come in at:
1.618: 3.66
2.618: 5.35
3.618: 7.03
4.236: $8.08
4.618: $8.72
---
Guide to My Charts
-The purple horizontal lines are support/resistance 'zones'. If price pierces though one side of the support/resistance zone, it is likely to head to the next support/resistance zone!
-Yellow lines are typically used to chart out pattern formations and trend lines!
-The colored lines are MAs (Red: 10SMA, Yellow: 21EMA, Green: 55EMA, Blue: 89EMA, Purple: 200EMA, White: 200SMA, Maroon: 377EMA).
-Horizontal white and green lines may be Fibonacci levels. The 0.382 and the 0.618 Fibs are green and the rest are white.
-The Historical Volatility Percentile, RSI , and/or stochastics indicators are below the chart if displayed.
---
Please smash the like and comment if you find value in this post! It helps show me that others are interested and motivates me to share more with the community!
---
Disclaimer:
This is not financial advice; I am not a financial adviser. This information is not meant to be used for financial advice, nor trade ideas. These posts are simply a record of my technical analysis and potential trade setup ideas.
These posts are intended for educational purposes only. It is imperative that everyone conduct their own research prior to entering any trade.
ALPHAUSDT (ALPHA) - POTENTIAL BUY ENTRY ANALYSIS 🔎
- ALPHAUSDT was bounded in a bullish flag pattern.
- Price brokeout above the bullish flag's resistance.
- Price action is printing an ascending triangle pattern.
- An ascending triangle pattern is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the ascending triangle's horizontal resistance.
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
ALPHA looks good, looks like young AAVE back in timeYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
If u like the analysis, please feel free to ask any question about this TA or crypto or any coin - leave a comment or like or share the idea, i really appreciate it because then my work makes sense :) thanks!
ALPHA POTENTIAL UPSIDE BREAKDOWN? an adjustmentI added fib extension and ma 7&25 as well, and also you can see the pivot of the downward trend, I was thinking the pivot as a really strong support line but before that fib support took place.
First of All, what I will say is not an INVESTMENT RECOMMENDATION, DYOR.
Okay so, NEVER FORGET THAT, CONSECUTIVE DIPS are a part of this game. Therefore I expect another correction and deep session today, tonight...... But in general, The upper resistance of downward parallel channel will be retested, so basically 1.72-1.76 is the first target to test. What is a bad scenario? Can you see the pivot of downward parallel channel 1.34-1.36? Yes, Alpha can test there in a bad scenario. There are two perfect quotes that I really like.
"nothing so bad but it might have been worse" "market can remain irrational longer than you can remain solvent meaning"
which tells us Alpha can test the downward channels support line which basically around 1$, I wont even give a exact number since I don't believe it is possible but still.. you know I need to tell every possibility.
Whatsoever, without regarding another correction (which I expect to get one more tonight), I think alpha gave us an opportunity to buy. TP1 1.75 , stay calm and follow up the bullish prospect.
ALPHAUSDT - breakout incomingEnd of the correction incoming.
RSI divergence on ALPHA / BTC
Close from resistance on USDT.
Trade the breakout
Monday trade📈New week, new opportunities, wolves🔥
There is a great opportunity to earn money on ALPHAUSDT .
There is symmetrical triangle with previous bearish trend before on 1h timeframe.
It may be a signal for continuation trend.
According to Elliott Waves theory all the waves are done and the price is heading to the breakout now.
Follow the chart and look for the breakout carefully.
If you enjoy my FREE Technical Analysis , support the idea with a big LIKE👍 and don't forget to SUBSCRIBE my channel, you won't miss anything!
Feel free to leave comments✉️
And always remember: "we don't predict, we react".
Alpha is ready to buyHi guys
Alpha is ready to going up,
Please like and follow me to share more simple analitycs and chart with you,
ALPHAUSDT Range| Swing Low| Accumulation| Price Action Evening traders,
Today’s analysis- APLHAUSDT- trading at a key technical range where accumulation is probable,
- Price Action Range
- Key Swing Low
- Resistance Objective
- Oscillators Neutral
ALPHAUSDT’s immediate price action has an accumulation phase, allowing for a bullish bias.
The structural resistance is current objective, exceeding this level increases the probability of testing the all time high.
Both oscillators are neutral, maintaining their bullish control zones is indicative of strength.
Overall, in my opinion, ALPHUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“In trading, everything works sometimes and nothing works always.”
[135%] ALPHA / USDT (LONG)The time to buy is when there's blood in the streets.
After the hack of the Feb 13, ALPHA lost 45% of its value.
Analysis :
- Triple bottom on the support
- We can break the first resistance
- Second resistance : 2.0 $
- Target 3.5$ - 3.7$ : 135%
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 just like BTC in 23 days ago 23 days ago #BTC also has been is triangle and afer breakout rise 68% .
So this can happen to #Alpha
ALPHA POTENTIAL UPSIDE BREAKDOWN?Disclaimer:
Just for self education and to follow up the asset easier. It's obviously NOT an Investment Recommendation.
Here we come, the graph is so simple, take it or leave it. 1.75 is our target to break, if this happens TP1 is 2$. then we will settle down and look for what will happen next.. 1.75 is a real deal resistance, if ALPHA can't break it then we will see the 1st support line, you know the scenario what will happen when we see the support line... another take it or leave it moment for us. Let's seee together. RSI and Macd is ready for upside move but what about the volume ????
Let's see it together.
