ALPHAUSDT trade ideas
Think $ALPHAMarket Cap: $502,013,173
24 Hour Trading Vol: $106,004,411
24h Low / 24h High: $1.84 / $2.07
Circulating Supply: 250,153,035 / 1,000,000,000
Total Value Locked (TVL): $917,401,852
Market Cap / TVL Ratio: 0.55
Fully Diluted Valuation / TVL Ratio: 2.19
Source: www.coingecko.com
DeFi Time and I am Bullish on ALPHA Finance LabAnd we have broken the triangle, hopefully some fine and dandy consolidation before another break higher.
Been following this we gem for a while as it has pretty good fundamentals and some unique features on other Defi products.
Like how Alpha lets you farm with leverage, and the latest is they have a new protocol "Alpha Vaults" which automatically manages liquidity on Uniswap v3 for you and claims to earn more yield from concentrating liquidity and periodically rebalancing which apparently reduces impermanent loss.
Sounds to me like an opportunity to get an edge over other competitors which is exactly what you need in this competitive marketspace.
Source:
medium.com
Not trading advice, just a noob trying to be more diligent and regimented in his trading strategies.
TP1 $3.55
TP2 $4.00
TP3 $4.25
SL $1.65
Hopefully by documenting this one trade so formally(which is unlike me) I now actually follow the plan :P
Wish me luck!
ALPHAUSDT is trying to have a breakout! 🦐ALPHAUSDT is trying to have a breakout from a huge triangle. IF the price will have a breakout and retest the current resistance into new support, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Very good position #ALPHAUSDTWith the break of the ALPHA trend line, it is in a very good position, set the profit and loss limit and enjoy.
🔥 ALPHA Triangle Break OutAfter seeing immense gains at the start of 2021, ALPHA has been showing consolidation for almost three months now. During this process a triangle pattern has emerged. With the recent altcoin market rally, ALPHA has finally broken this consolidation pattern and seems ready to continue its path upward.
Happy trading!
Alpha Weekly: Ready to Reload One More Time?How do you think ALPHA will close this weekly candle?
It has had a sizable bounce from the swing-low this week, resulting in almost 100% gains for those who are holding. Congratulations if you are one of those people.
Now, if you are still waiting on the sidelines and think you have missed out on this absolute beast of a coin, pay attention to the daily and weekly closes for both bitcoin and ALPHA tonight. There still lies a possibility that we could see one more strong impulsive move to the downside. On everything. If that is the case, then forgive my messy lines but they all represent supply zones for available reversal points were there to be a sudden bleed-out that catches everyone unawares.
Good luck fam!
A midterm investment opportunity on alpha apparently based on good fundamental news which had been released on alpha and the way that the price had reacted to them
And under the understanding of the pattern which seems to be forming as an impulsive wave
this coin could be a good investment option for a period of 2 or 3 months.
Good Luck
Alpha UsdtI love that the end of the Elliott waves matches the PRZ of the harmonic patterns.
Wait for the failure to be confirmed
follow us and dont remember like and comment.
not finantial advise
ALPHA/USDTALPHA/USDT looks poised to breakout of the consolidation range it entered following it's previous peak. (See Daily chart posted as annex to this analysis.) Momentum is rising sharply indicating higher prices to come. Alpha has steamrolled past the high volume range entering an area of lesser resistance. Following the last volume spike prices have continued trending higher with 5 up bars vs 3 down bars (including the one we're in now.) I don't have any target prices yet but i'll be looking out for any unusual excess in both price and volume. I like this trade because of the high risk/reward and ease to turn this trade around. Please look at the following daily chart to see what I mean.
#ALPHA: Bullish if two conditions work:📈$ALPHA
I am still bullish on $ALPHA. Couple of things I want to see are:
1) flip above 1.4700$
2) breakout of the resistance trendline
If those conditions are met, then rally will start immediately imo.
