ALPHABTC
ALPHA - Consolidation (As you asked)What you're seeing here is a consolidation after breakout.
The price broke out but now it's building up a volume of Supply & Demand to confirm the breakout.
The more volume on supply, the more correction to lower prices.
But right now the Demand volume is higher so I'm predicting a retest at the resistance area soon.
Watch the prices for now and don't open any positions, but if you're looking into opening long positions, then wait until a 4H candle closure above the resistance area.
Target and Support areas are shown on chart.
⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high.
Good Luck 🎲
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Quick safe trade .... Alpha on support 👌✅ Buy: 1.65 - 1.75 ✅
🎯TARGETS:
1- $2.100
2- $2.600
3- $2.928
⚠️⚠️leverage up to 5x ⚠️⚠️
💵 Trade Size: 5-7% of Portfolio
🚫Invalidation(SL): 4hr candle close below 1.388
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ALPHABTC (17.04.2021)The ALPHA price found support at 76.4% Fibonacci at 1D, which generated a possible local momentum to start growing.
In turn, on H4, the price has overcome the downward trend and is ready to continue growing.
We recommend buying a coin with a stop loss at the local minimum of 0.000022 and a target profit level of 0.00005-0.000065
$ALPHA - should get sent soonAlpha is a brilliant DeFi project with great prospects
Chart looks damn bullish
We had major expansion where it found a top early feb
Moved to consolidation in this ascending triangle/range
1.867 has been the 1D resistance, close above and hold of that level and the breakout should be imminent
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.
$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 - 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, Showing a UCTS 12H Buy signal (usually strong) $ALPHA
Showing a UCTS 12H Buy signal (usually strong) as its trying to cross over ~3500 sats
Volume slightly increasing (needs to keep the momentum).
For now looking for a break above/flip as signal of continuation.
If happens, then ~4000+ sats
#ALPHA