ALPHAUSDT trade ideas
ALPHA/USDT 6 HOURS UPDATE Welcome to this quick Update, everyone.
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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: $0.4
What's your thought on this?
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#PEACE
ALPHAUSDT BREAKOUT ? POTENTIAL HUGE BULLISH REVERSAL! Hello Traders!
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- Technically speaking the chart looks very appealing , on 1D chart time frame ALPHA is still in bearish mode , downtrend started since mid of May 2021 making lowers highs and waiting for a decent breakout which suggest to bring a
great rally ( until the breakout is confirmed ). yet looking into lower time frame on 4H Chart we can see a clear downtrend for ALPHA inside a falling wedge making a lower highs and lower lows suggesting that sellers had shorted on
every pullback and price got squeezed failing to make a new lower low , price action showed some bullish momentum on an important level support ( demand zone ) 0.300$ ~ 0.3500$ suggesting that buyers are ready to take the price
higher , a breakout is very possible which will confirm the scenario.
- Until now we are still in bearish mode and we would like to see buyers pushing to take the price higher above the descending resistance , breaking last swing low on level 0.600$ ~ 0.610$
Buy Entry level would be 0.300$ ~ 0.3500$
ALPHA fundamentally is a good project and have a decent team
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.
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.
Good Luck Traders.
ALPHA broke out parallel channel#ALPHA/USDT
$ALPHA broke out from long term descending parallel channel, and now struggle to break out from resistance zone.
it is possible to have a pullback to support zone or just upper line of channel in short term, then extend its uptrend to resistance zone around $0.7.
ALPHA/USDT 1DAY UPDATE BY CRYPTOSANDERSWelcome to this quick ALPHA/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-ALPHA/USDT is bullish and buy CMP and Green zone down side brake and position close
Entry:-CMP and BUY THE GREEN ZONE
Target:- 20% to 25%
Stop loss:- Green zone down side close
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language
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ALPHAUSDT is testing the Weekly supportthe price tested the key level on 0.35$ on the weekly support. As you can see from the upper chart, this support is strong.
On the lower timeframe, we can see how the price is trying to create a new Higher High.
How to approach?
If the price is going to have a breakout of the 4h Resistance (0.42$) and retest it as new support, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
$ALPHA Hidden GEM 💎💎Patience is the key to profit.
Given the growth of TVL and the addition of functional and attractive products such as AlphaX & Alpha Homora v2 (avax), I envision a bright and wonderful future. The project roadmap says it all, please read it at blog.alphafinance.io. You notice the alpha diamond
ALPHA - EASY Breakout Trade! 🚀In our last Alpha analysis, we had our first breakout trade which played out really well, amassing almost 400% raw gain! (See chart for idea)
Once again we find ourselves at another descending correction and watching for a breakout. We have 2 structure levels which we are focusing on. If the current structure level fails to hold, watch the lower structure level.
Trade Idea:
- Watch for breakout
- Enter with stops below the recent lows
- Targets: 1.300, 1.500, 2.400, actively manage the rest.
Goodluck!