ALPHAUSDT trade ideas
BINANCE: ALPHA/USDT🛒 Pair: ALPHA/USDT 🛒
== SPOT==
⏰ 1399/12/13 ⏰
🕰 03/03/2021 🕰
Duration:
📈 SHORT - MID 📈
Ex: Binance
#67
🛒 Buy : 1.80 - 1.86 🛒 after breakout
👉Sell Targets👈
🎯TP1: 1.95 🥉
🎯TP2: 2.20 🥈
🎯TP3: 2.39 🥇
🎯TP4: 2.69 🏆
🎯TP5: 2.85 🚁
🎯TP6: 3.24 ✈️
🎯TP7: 3.45 🚀 M
🎯TP8: 3.95 🛰 M
🎯TP9: 4.45 🛸 L
⛔️ SL: No need for Mid term
$ALPHA - DeFi correction breakout makes my eyes happyHere we have APLHA Finance Lab a platform that looks to bring in users from a variety of blockchains
Alpha Finance Lab’s first products each claim to bring an entirely new solution to the market. Alpha Homora is the first platform to introduce the leveraged yield farming concept and with the launch of Alpha Homora V2 in 2021, it will introduce the first smart contract that is capable of borrowing from another smart contract (Cream Finance) in an under-collateralized way. - (coinmarketcap) - clean DeFi opportunities associated with Alpha with innovation via $CREAM
Moreover, once launched, AlphaX will become the first Uniswap/Sushiswap-style perpetual swap decentralized exchange without order books. This will allow more individuals to access the benefits of perpetual swaps (such as trading on leverage), without having to understand how they work in the background. - (coinmarketcap) - so they also have a DEX releasing which is brilliant as all good DEXes only go up, e.g. $SRM
Technically we have had a huge correction phase which breakout of white line should put an end too
Optimum entries would have been in the 12H demand zone highlighted, found from the bottom left on entry to the range
Just need to flip the 200MA here and then we can head for 0.786 and the 1.0 fibs!
Lets go $ALPHA Finance Lab
🔥 ALPHA Triple Bottom Channel TradeALPHA has been inside a massive channel, see the analysis below for a long term overview:
At the moment, ALPHA is at a key level. Firstly, the lower support of the long term channel is hit. Secondly, there's a possibility for a triple bottom reversal.
Since ALPHA has been underperforming to many other cryptos, I think it's time for ALPHA to shine.
Before entering this trade wait for the price to close above the Entry line. Higher time frames yield a higher predictive power.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs. Do your own due diligence.
Happy trading!
ALPHA/USDTNoticed some repeating patterns in the ALPHA chart.
if this repeats , are we going to have another 10x move from the $1 bottom ? if that happens ALPHA would be valued at approx $2.5 , which makes lots of sense to me.
Just sharing some thoughts and finding.
ALPHA thoughts - coin of the year?YOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :)
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
If u like the analysis, please feel free to ask any question about this TA or crypto or any coin - leave a comment or like or share the idea, i really appreciate it because then my work makes sense :) thanks!
Alpha Finance Lab (ALPHA) • Tremendous upside from hereALPHA got its 60% correction and now printing higher lows above resistance. Things are looking for this low cap coin to have a great run.
ALPHA Can Give Upto 150% + ReturnsALPHA coin traded at $1.70 with a gain of 7.70% in the last 24-hour. However, ALPHA is positive, with a 5.93% gain on the weekly time-frame. In contrast, the market capitalization stands at $29 million. Technically, investors can perceive a positive crossover in SMA. Moreover, the movement of price can be towards the resistance of $2.82.
Resistance: $2.82
Support: $1.09
DO NOT SLEEP ON THIS
YOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
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