🆓Alpha Finance Lab (ALPHA) Dec-1 #ALPHA $ALPHA
ALPHA has formed a bottom at $0.8 zone and has also conquered the $0.9 zone so it is ready for a strong rally in the near future to $1.15 and $1.4. If it can break through the $1.4 zone, it can completely rally to the $2 and $2.6 zone so it has a lot of potential in the near term. If it loses the $0.9 zone, we can accumulate more at the $0.8 and $0.7 zone
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.9$ zone
🔴Buy : 0.9
🔴Sell : 1.15 - 1.4 - 2 - 2.6
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.9$ zone
🔵Sell : 0.9
🔵Buy : 0.8 - 0.7
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
Alpha
ALPHA inverted H&SAlpha Finance Lab is forming Inverted Head and Shoulders🤷 and if price breaks up I think there is chance for run to 1.1 and even higher. Will set the BUY LIMIT order to catch the pullback to Neckline (testing it from above).
ENTRY : Backtest of the broken Neckline @ 0.9610
SL : Right Shoulder @ 0.9047
TARGET : Inverted H&S target projection @ 1.1030
RRR : 2.6
INVALIDATION : when SL level hit
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
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ALPHABTCALPHA has formed a good upward pattern and could start a bullish movement. Targets are shown in the chart.
ALPHA/USDT TRADE SETUP. 25% TO 30% RALLY EXPECTED!!!ALPHA looks good here. Broke out of the triangle and currently retesting.
Entry: $1.164 to $1.193
Stop Loss: $1.062
Targets:
$1.243
$1.298
$1.362
$1.427
$1.493
Note: Do not use high leverage and accumulate the dip to average the entry. This is not financial advice. I have done my own research and trading at my own risk. So, do your own research before investing.