ALPHAUSDT breakout to UPSIDEALPHA is still Bullish after 100x from its
base low Price
Giving Breakout after Cosolidation
I am going long with 3x
It can reach upto $3 in 1 to 2 days
DYOR before entering any trade
ALPHAUSDT trade ideas
ALPHAUSDT Possible breakout 1HPrice respecting ascending trendline, possible breakout above 2.37523 level and then ATH
🔥 ALPHA/USDT New Re-Entry SoonALPHA is one of those coins that simply keeps on giving. Since its November lows this coin has seen an increase of over 8,000% over the last couple of months.
As marked on the chart, ALPHA seems to be inside a channel. At the moment ALPHA is very near the top resistance of the channel and the size of the candles are showing early warnings of a potential reversal soon. Beware that the top of the channel could easily be another +50% increase, so don't short without proper reversal confirmation.
This post is to indicate that the next time to step into ALPHA for longer term investing would be around the end of February or start of March, assuming the channel holds. Do your own due diligence.
Comparison of different coins performance against its peersThis graph shows the performance of different coins when compared to its peers. The baseline reference is the white line representing FTX:ALTPERP ( FTX exchange's alt coin perpetual futures). Coins above this line is performing better than the index.
The top 3 coins right now:
1. Alpha
2. AAVE
3. UNI
AlphaUsd - example of a running flatThis is the example how EW patterns apply to the speculative and volatile instruments like cryptos.
The “flag” is an example of a running flat.
Structure of the waves: 3-3-5. Classical structure, textbook entry (break of wave iv of the wave C in the flat. Confirmed by ma20 (red line, part of 20 bollinger bands indicator).
Once the extreme of such a flat is broken, in a trending move price accelerates and does not enter the territory of the corrective pattern, until the impulse loses momentum
Alpha/USDT weekend trade planEntry on channel breakout with initial target of 2.5 by Sunday night EST. Entry stops are at 1.85 and 1.76. Will move stops higher (to 2.15/2.25) after initial target is met by Sunday night. If target is met on time and other markets(ETH, BTC, NQ, DX) show stability then will target higher prices above 3. Trade was initiated through Uniswap ETH/Alpha pool.
Alpha 12h Be careful with long, it may hurtIn our previous idea, in November 2020, we wrote about a young and ambitious project from the DeFi sector the Alpha Finance Lab.
In the same forecast, we assumed x3 growth and , of course, that it came true.
After all, AlphaUSDT gave investors x75 from November to today. Karl x75 in 3 months ... this a mad cool)
A fly in the ointment is volume ... the value of AlphaUSD is growing without volumes and this is a very bad sign.
It looks like someone is pushing the price up to the target.
Let us assume that the mark of $2 will be the culmination of sales.
And further we can expect a fall and quite a strong one.
The lower limit of the channel is around $1.
And the liquidity zone is in the range of $0.67-0.73. It was there that an interested investor, and maybe the creator of the project, aggressively dumped the first portion of Alpha tokens.
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Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
ALPHA/USD MY IDEAI expect a rise in the 1.85-.1.90 levels this evening and tomorrow. But alpha will want to go back to the 1.70-1.76s and test these levels.
Tp1: 1.84
Tp2 :1.91
Stop Loss : 1.68450
it is not investment advice.
1-4H Cup & Handle ALPHAUSDTIs it? With some imagination you can see a cup & handle about to be done in the 1-4 H timeframes. Fomoing with care after my bids were closely missed.
Alpha Finance Lab - ALPHAUSDT - Bull flag + DEFI Bullish- Alpha is now one of the most bullish DEFI coins out there
- Check my related analysis on DEFI space below ↓
- We can expect higher prices. The target can be 1.618 fib extension for 3rd Elliott wave to the upside
- The price is above 20 daily moving average
If you want more of these ideas, hit the like button and follow me, so you don't miss any update!
Also, check my signature down below ↓
Alpha short swing. camarilla pivotscamarilla + cpr. Stop around H4. target next daily Pivot and weekly/daily coming L3
ALPHA be carefulHi Traders!
The trend is very strong on ALPHAUSDT
But now I see an ending diagonal that hit 1.0000
So maybe its a time to cool down a little bit
Just be careful🤓
ALPHA/USDT Following A Bullish Channel: New All Time High?ALPHA is following this channel since it's inception back in October. With price action picking up, I'm sure we will see more things coming from this coin.
For now, I've marked the first resistance, R1, at the all-time-high. The second resistance R2, is placed at the strong resistance of $1.
Happy trading!
