ALPHAUSDT trade ideas
Alphausdtalpha break the correction lane and complete pullback now
fibo time show us after a hug upside move a correction made then it back and make a new high
every upside movement more than 700% profit so i think it can do it again .
Like and comment if you agree with me
ALPHAUSDT - LONG SETUPALPHA has broke out of the corrective downtrend resistance and is forming new bullish structure, we had a daily close above horizontal resistance yesterday and we are now retesting it as support, if this zone holds its likely we see more upside movement
ALPHAUSDTthis alt has been in a big scale sideway for a long time and in addition it has done a clean break and pullback to trend line which both are plotted at the chart and the analysis of our candles and ATR ratio clarified us to publish this idea which this alt is going to moon soon
👉This idea has the confirmation of "advanced price action"
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ALPHA Support and Resistance LevelsALPHAUSDT Support and Resistance Levels
Hope you enjoyed our analysis about ALPHA's possible rally.
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Attention: this isn't financial advice we are just trying to help people on their own vision.
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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
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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!
