ALPHA, long or short ?I try to react not to predict, the only prediction for me is how am I going to reacting to some things. That's the situation right here. ALPHA had a nice run-up, about 100% for the last two weeks without any big correction, so maybe it's time. Also the market is very very bullish so we can also go more... Here are the levels that I am going to watch. The last published idea for ALPHA bring us about 47% profit, so let's hope the next trade could be also profitable...
Alpha
ALPHAUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4 hour time frame. As you can see, the price has touched the support level and at this moment the price is supported and can start moving upwards. But if the price can not be supported and penetrates below the support line, we consider the price fall to the next support line.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
Banking on SoFiFinancial Technology (FinTech) is revolutionizing the way we transact in our daily lives. The days of paying in cash are far and few between. Say goodbye to those pesky coins. Regardless of blockchain disruption, the future of finance will for certain be digital. So how do you play this industry? You can go through high flyers like Paypal (PYPL) or Square(SQ) but these companies have had their run. Instead rely on an industry-low flier, Social Finance (SoFi).
This company is going above and beyond traditional finance. This company is creating a one-stop-shop, financial community. The company has endeavored in debit, credit, insurance, crypto, and much more. This is exactly the financial innovation that the millennial+ (1981-present) generation needed. Image an entity that you can use for daily transactions, mortgage loans, auto insurance, and stock/crypto investing, that is SoFi.
Did I mention they have a community aspect as well? SoFi is the banking industry in multiple facets. SoFi provides membership to its clients to where you can get financial planning, transaction summaries, store discounts, personalized career advice, and exclusive events. That the antonym to traditional, wall-street banking. A community environment that provides you knowledge and partnership in your financial journey. The insights provided are enlightening and insightful. The best part yet, the recent price action.
The company has been on a downtrend for the past couple of months but it is reaching a potential inflection point at its well-established support. The company has previously bounced off these levels indicating a possibility for another reversal. The risk-reward is very compelling considering that the downside is less than -10% while the upside is a more favorable +75% to the prior resistance. That is a modest price target of ~$23. However, the company is currently trading at a market cap of ~$13B. At the same time, PYPL and SQ have market caps of $353B and $108B, respectively. If it is truly the disruptor in its infancy ages, in due time the stock will have similar market cap trajectories, a potential 10x.
Finally, the smart money is already in this name. Although the coverage by analysts is minimal they are all indicating upside movement. If other analysts start covering the name it could serve as a catalyst. Renowned venture capitalist, Chamath Palihapitiya, is the CEO and a major shareholder (good management). Large institutional money such as SoftBank entered the stock at a higher price. Smart money is leading the way.
Bank on it.
ALPHA - Is it over?ALPHA moved more than 60% which is amazing. But I think it's he end of it because it topped all the local resistance areas and now the sell volume is going up. It must have a small correction before going up again.
If the prices crossed that resistance area and closed a 4H candle above that price zone, then you can open your long positions and aim for the other resistance line as TP!
Current Market Price: $0.8550
Good Luck
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ALPHAUSDT cup and handleAlpha is clearly back in an uptrend and almost finished this cup and handle pattern.
Next target for me is the upper line of the channel and then it might pull back a little bit to get ready for the next move up.
This year could be huge for ALPHA!
Also, look at the weekly. Stochastic RSI has just made a bullish crossover.
ALPHA coins : buy and hodl for long term bullish . for my analysis : alpha coin is a governance token for alpha homara . it's defi platform for liquidlity and swap that 12th of overall .
i think in the not too distant future, alpha coins will cost much higher than before by looking at the first price is 6.7$ and next target price is 45.4$.
thank you for reading my pov analysis .
if you like my analysis you can like, comment on any topic or donate to me for a coffee. hahahahaha
ALPHA - Approaching Buy Area!In our previous analysis we were waiting for Alpha to move down more to our buy area between 0.3 and 0.5. We are now approaching that area in a descending correction which is often a reversal pattern.
We will be waiting for a breakout and entering on the break with stops below the correction.
ALPHA - Approaching Buy Area!In our previous analysis we were waiting for Alpha to move down more to our buy area between 0.3 and 0.5. We are now approaching that area in a descending correction which is often a reversal pattern.
We will be waiting for a breakout and entering on the break with stops below the correction.
BTC/USDT DEATH CROSS (I am not doing anything)BINANCE:BTCUSDT TF 1D
Sometimes Lazy is good, We rode that 31K you saw our previous Chart.
Yet to admit I really acted like a whale getting greedy to the Death cross momentum and
get the 20WEEK MA be Gold Cross for everyone not just for me and for you as well.
Open your eyes it is being fished we are fished by whales. Why not let the whales vs whales...
Let sit at the bottom of the ocean floor and buy the whale that will crash. Let's not fight it.
REMEMBER WE CAME FROM THIS TO HERE WHERE WE AT SITTING WHERE THIS DEATH CROSS; it's Inevitable!
15/6/2021
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> Bitcoin Remittances to El Salvador Surge 300% Ahead of BTC Becoming Legal Tender.
> New Zealand already had a bank recognize to accept El Salvadors National Currency (btc) as an act of now waging war against them.
> Elon musk is operated by his own company. He is what he is and he does what his company needs, getting the news out and riding the obvious and claim he did it, and he caused that major movement at the market. (we know he did not)
> French Football Federation launches official player NFTs with Sorare.
Psych : they will use FUD to really push that price down until they fill in the depression stage where whales will be profitable on that death cross.
It is programmed to happen and it must, to call it a healthy market. Tendency small to mid hands like you and me are making ways to snipe that cross and call for a short. Sometimes doing nothing is the best thing to do. start selling your spot 50% incase you got left out at the top use your investment and 50% you sold to buy that efing DIP... in anycase still that is just how I always do it and it is aggressive and safe at the same time. Going High risk to security stage putting stop loss even at spot. Auto selling this coins using tools that I use like coin panel.