ALPHAUSDT trade ideas
ALPHAUSDT cup and handleAlpha is clearly back in an uptrend and almost finished this cup and handle pattern.
Next target for me is the upper line of the channel and then it might pull back a little bit to get ready for the next move up.
This year could be huge for ALPHA!
Also, look at the weekly. Stochastic RSI has just made a bullish crossover.
ALPHA USDT DESCENDING WEDGE
Alpha is in a DESCENDING wedge. Statistically, they tend to indicate upward movement AND BREAKOUT UPWARD. Here are the targets and entry points. If ALPHA broke down (less chance for it) you will find entry points and take profit targets also.
ALPHA coins : buy and hodl for long term bullish . for my analysis : alpha coin is a governance token for alpha homara . it's defi platform for liquidlity and swap that 12th of overall .
i think in the not too distant future, alpha coins will cost much higher than before by looking at the first price is 6.7$ and next target price is 45.4$.
thank you for reading my pov analysis .
if you like my analysis you can like, comment on any topic or donate to me for a coffee. hahahahaha
ALPHA - Approaching Buy Area!In our previous analysis we were waiting for Alpha to move down more to our buy area between 0.3 and 0.5. We are now approaching that area in a descending correction which is often a reversal pattern.
We will be waiting for a breakout and entering on the break with stops below the correction.
ALPHA - Approaching Buy Area!In our previous analysis we were waiting for Alpha to move down more to our buy area between 0.3 and 0.5. We are now approaching that area in a descending correction which is often a reversal pattern.
We will be waiting for a breakout and entering on the break with stops below the correction.
ALPHAUSDTPrice was influenced by the sellers (bears), which pushed the price from the major resistance zone at the price of 2.2000 to the major support zone at the price of 0.5129. Since then, the price has been consolidating, and form a minor resistance at 1.000. However, the price has also formed a chart pattern known as Falling Wedge which signifies an uptrend. If the price can break and close above the resistance trendline, a bullish pressure will come in place to the minor resistance zone, and a break above the minor resistance line, another bullish pressure will set in further up following the arrow drawn.
ALPHAUSDT Alphausdt forming a bearish pennant but with good signs of breaking out and as btc being on long, there's high possibility of seeing an uptrend. All details have been listed on chart and as usual, drop you opinions and give it a like too. Follow me for more helpful contents.
+575% r coming before 2022 ... so juicy to hold ✨
Till now $0.60 is seems to be holding well for Alpha after testing it.
Most likely we gonna see a bounce up from a double bottom support.
Look at the channel on the chart, u will get that we r trying to break $1 resistance.
An estimated pullback from $1 to $0.60 within June. ( about 40% down)
On short-term n Mid-term we r bullish .
For long-term, Alpha can reach $4 before 2021 ends.
If we moved as expected on the chart, it will be a good indicator to see supports hold for 2nd time at 60 cents.
The best time to buy, when double bottom is confirmed n support hold successfully.
For me, I will buy 25% now n the rest will be filled at 60 cents region after confirmation.
After we gonna break $1 resistance we will see $1.65 straightway. (175% easily)
Pull back can be done from $1 or $1.15 ( diagonal resistance)
If u r holding now don't sell n wait to add more at $0.60 region.
DONT LEVERAGE N USE A PROPER RISK MANAGEMENT STRATEGY !!
ALPHAUSDT H8: BEST level to BUY/HOLD 140% gains.(NEW)ALPHAUSDT H8: BEST level to BUY/HOLD 140% gains.(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
READ ENTIRE IDEA BEFORE BUYING!
🔸 Summary and potential trade setup
::: ALPHAUSDT 8hour chart review
::: previously broke down from
::: distribution range
::: focus on buying re-test of the lows
::: near 0.65 USDT
::: right now mini accumulation in progress
::: BULLS may target re-test of MID RANGE
::: TP BULLS +140% focus on buying low
::: best reload BULLS near 0.65 USDT
::: use tight stop loss / do your own due dill
::: Speculative bullish setup
::: expecting strong bounce off DB
::: get ready to BUY low / hold it
::: 140% gains possible from my level
::: strategy: BUY LOW after pullback
::: TP bulls is +140% gains BUY/HOLD setup
::: buy near my level and get rewarded
::: TP bulls is +140%
::: good luck traders
🔸 Supply/Demand Zones
::: dem/supp N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS/CORRECTION MODE
::: Sentiment outlook mid-term: BULLISH/140% BOUNCE
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
ALPHA - Perfect Waves - ALPHAUSDTThe price action for Alpha has been clean. We can see that it has been following the fundamentals of wave analysis - 5 wave impulses, 3 wave corrections.
We can see that the impulse from February is identical to the impulse we just had - both in size of drop and duration of impulse. We can possibly see the start of a bullish move now.
For confirmation, we will be looking at a break of the $1 mark which would change the structure from bearish to bullish.
ALPHA - Perfect Waves - ALPHAUSDT The price action for Alpha has been clean. We can see that it has been following the fundamentals of wave analysis - 5 wave impulses, 3 wave corrections.
We can see that the impulse from February is identical to the impulse we just had - both in size of drop and duration of impulse. We can possibly see the start of a bullish move now.
For confirmation, we will be looking at a break of the $1 mark which would change the structure from bearish to bullish.
$ALPHA Buy | Low and high TF$ALPHA looks very good at a retest of support and well in the medium term.
Above 2$ is the short-term target!
6$ is the *max* (2.618 fib)
🆓Alpha Finance Lab (ALPHA) May-23 #ALPHA $ALPHAALPHA has 2 important support zones at the moment is 0.6$ and 0.4$ that we can take risk, but what we should do is wait for confirmations. If the buying force comes, ALPHA will move up to 0.8$ and 1.2$ zone in the next few days
📈BUY
-Buy: 0.58-0.62$ if A. SL if B
-Buy: 0.78-0.82$ if A. SL if B
📉SELL
-Sell: 0.78-0.82$. SL if A
-Sell: 1.15-1.25$. SL if A
♻️BACK-UP
-Sell: 0.58-0.62$ if B. SL if A
-Buy: 0.38-0.42$. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
