🔥 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!
ALPHAUSDT trade ideas
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 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!
********************************************CHECK MY LATEST ANALYSIS DOWN BELOW********************************************
ALPHA looks good for a lond scalp here, use SLYOUR 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!
********************************************CHECK MY LATEST ANALYSIS DOWN BELOW********************************************