ALPHAUSDT trade ideas
🚀ALPHA growth continues#ALPHA/USD
📌ALPHA growth continues
🔹Analysis: I have already laid out the idea () , when the asset was worth 1$, almost a month has passed since the last review on tradingview, the coin gave more + 60% profit, you can observe the local trend line along which the price moves, as well as the local support of 1.8$. Medium-term target of 3$ in the month of April will reach the target.
ALPHA NEW ANALISIS HELOO
this is my idea about the future of alpha
after breaks out trend line The price was supported in the $ 1.4 area.
the are two big resistance at price of 1.98 and 2.45
if price goes upper than basis line of BB successfully the is hope for ALPHA TO BE COUNTINUDE RISING
the 5th wave of Elliot is not complete yet for long term I expect something around 7 $ target
ALLERT : DO NOT TAKE ANY ACTION ON MARKET BASED ON MY IDEA DO YOUR OWN ANALYSIS
$ALPHA - DeFi and flat-top triangles = PumpALPHA a very promising DeFi project but yet to fully release and have its services utilised by the community
Technically we have a movement to mid of high to low where we are printing equal highs and rising higher lows
Safest entry should be on retest of the flat-top
Let's see....
🔥 ALPHA Head & Shoulders Pattern FormingALPHA failed to pierce through the 1.90 resistance two hours ago. This bounce downwards is showing the emergence of a Head and Shoulders pattern, which is classically a bearish one. In case Bitcoin's bearish pressure will resume, we might see more bearish price action from ALPHA in the near future.
Happy trading!
[38%] ALPHA / USDTAnalysis :
- chart, MACD, RSI -> bullish
- target 2.94$
What Is Alpha Finance Lab (ALPHA) ?
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 is the native utility token of the platform. Token holders can earn a share of network fees by staking ALPHA tokens to cover any default loans. Other use cases for the token include liquidity mining and governance voting.
Alpha Finance Lab will implement governance via a decentralized autonomous organization (DAO) allowing ALPHA holders to vote on the specifics of future Alpha products, and decide how they interoperate. This governance procedure is split over two levels: product-level governance and finance-level governance, giving token holders a great deal of control over the future of Alpha.