Alpha
ALPHA: Getting ready to go?I'd be interested to hear from experienced technical analysts on this chart. I'm a novice and wrong-footed often by the market, but we keep learning and will die learning.
This set-up looks good to my eye. But please factor-in my inexperience.
It's an interesting one because it was already naturally retracing from a nice run 16 January to 5 February, when on 21 February it was hit by what the whole market felt as BTC went into its correction.
It had done a 0.618 retracement, which I consider normal, but also a sign of strength. It was then pushed down to the 0.786.
Like BTC, it printed an extended W formation and has just retested this pattern at the neckline.
You could say it's ranging, but there is an ascending trend line that it is respecting, and it remains solidly above the 0.5 Fibonacci level.
The RSI is looking nice. No divergence that I can see.
The MACD is more or less flat, but just crossing under on the daily, which suggests a touch of the ascending trend line before a move up.
It's running out of space within a few days.
On a 12r perspective, it's above the Ichimoto cloud.
On the fundamentals side, so far as I know it's a serious project with potential.
The possible measured move to the upside is around 97%, if it clears all its resistance points.
Please let me know your thoughts.
What am I missing, or what am I misreading?
$CRV IS READYListed on Coinbase recently still has not been priced in fully for CRV imo this one is going to run hard when it busts through previous ATH's.
ALPHAUSD - LONG (Bulls in control) Ascending Triangle 4 Hour Chart
Set up - Ascending Triangle
We can see ALPHAUSDT has formed a nice Ascending Triangle Formation, and price is starting to get very tight.
We have had a deviation breakout from this ascending triangle, price more often then not will not deviate from a breakout twice.
Price has found support, on the 0.618% Fib along with some Daily Order Blocks.
Any trades placed from here, stop losses should be below the 4 hour pin bar @ $1.65
We are targeting the upper order block resistances, and the Ascending triangle target.
This trade is offering us a 4 to 1 risk reward ratio, and bulls have the upperhand.
RUNE / ALPHAIf you misssd rune your chance is now with alpha. Rune formed a massive ascending triangle weeks ago while at a 150-200 million market cap. Alpha is printing the exact same structure with a $400 million market cap and much more to come. Do as you please
ALPHA ALpha to breakout in the next 10 days of the market is simply wrong . Can’t squeeze too much more into this. Send it
ALPHAUSD – Potential 79% gainsBUY: 1.64 – 1.74
TARGETS:
1) 2.00
2) 2.47
3) 2.94
STOP: When a 4h candle closes below 1.28
Rationale:
-Price has reclaimed the 4h 100 EMA and 200 EMA and is holding above (bullish)
-Bullish divergence has formed (pink lines)
-Price has just broken and retested the upper trendline support (upper white line)
-Price will likely re-test the EMAs again before making a strong move up
-As long as price remains above the EMAs we are bullish.
Your risk, your reward. This is not financial advice.
Happy trading.
ALPHA (ALPHAPERP) – Long signalBUY: 1.92 – 2.09 (Wait for price to enter buy zone)
TARGETS:
1) 2.48
2) 2.98
STOP: When a 4h candle closes below 1.5
Rationale:
-Price has been respecting two diagonal trendlines and has just broken out and retested the trendline, converting it to support.
-The trendlines intersect in the same area as the 100 and 200 EMAs. This confluence indicates it is a strong level of support.
-Volume has increased after the retest, and the RSI is looking strong.
-Stop loss is positioned under the trendlines and 200 EMA.
Your risk, your reward. This is not financial advice.
Happy trading.
ALPHAUSDT Backward from the marketWith great funding, there is a lot of room for growth
Pay attention to the areas of support and resistance and monitor
🚀ALPHA growth continues#ALPHA/USD
📌ALPHA growth continues
🔹Analysis: I have already laid out the idea () , when the asset was worth 1$, 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.
$ALPHA - DeFi and flat-top triangles = PumpALPHA a very promising DeFi project but yet to fully release and have its services utilised by the community
Technically we have a movement to mid of high to low where we are printing equal highs and rising higher lows
Safest entry should be on retest of the flat-top
Let's see....
ALPHA Go ONSee This chart clearly.
Buy Only Support Touch And Make 2 Candles 15Min :)
Happy trading <3
💡 ALPHA/USDT💡 Hello everyone, if you like my idea, follow me with likes and comments, I will also try to share the best ideas with you, Always do your own research before opening positions and always put stop limit.
🔥 ALPHA Head & Shoulders Pattern FormingALPHA failed to pierce through the 1.90 resistance two hours ago. This bounce downwards is showing the emergence of a Head and Shoulders pattern, which is classically a bearish one. In case Bitcoin's bearish pressure will resume, we might see more bearish price action from ALPHA in the near future.
Happy trading!
[38%] ALPHA / USDTAnalysis :
- chart, MACD, RSI -> bullish
- target 2.94$
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.
ALPHA so far so goodAlpha break out triangle pattern
nice pattern longterm
Wait a small retest and Go !
$ALPHA - mega moves on both pairsBoth the USD and BTC pair have had massive moves, flat top breakout and retest against the dollar
Here trendline and consolidation range break - aiming to pick up on retracements and hopefully the run continues!
4240 sats will be quite strong so expecting rejection there into my bids, lets see!
🔥 ALPHA Long Term Channel TradeAround three weeks ago I made an analysis on ALPHA and the channel it was in. At the moment, the price is right in the area which I earlier indicated as a potential long area. Take a look at the post for reference.
Since the price reversed quite sharply from the $1 area, it might be a great time to trade this channel.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.
Happy trading!
