Alpha Finance Lab (ALPHA) • After so much beating. Up is the wayAlpha Finance Lab (ALPHA) is looking like Bitcoin March 20" capitulation on lower timeframe. There is good chance it will test the upper side of range (triangle) resistance and a small pullback to test inside the triangle BUT conditions are looking good this this recent Higher Low to be the last point of support (LPS)
This is where optimal risk-reward can probably be found for a long swing trade in the upcoming days.
ALPHAUSD
ALPHA possible movement up?So alpha has been forming this symmetrical triangle...
I am expecting a bullish move to the first resistance area...
Here the coin has to decide whether go up to the last ATH or down to the lower supports...
The lowest resistance area is most likely not gonna happen in the short term...
And of course, we need some volume... Buying pressure always helps!!
$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 – 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.
$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, the first target reached, ALPHAUSDHello my friends. Our first target reached , we can close and wait for new rally. So whether you close it or keep it, for the new rally, we need the price to break the baseband first then stabilize. Good luck.
If its useful like it please and follow me for next analysis :)
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you can see the previous analysis of Alpha in below link.
ALPHAUSDT Waiting for the flag pattern breakout!ALPHAUSDT (4HCHART) Technical Analysis Update
Waiting for the flag pattern breakout
ALPHA/USDT currently trading at $1.61
Long Entry-level: Only buy after flag pattern breakout (above 1.68$)
Stop loss: below $below $1.39
Target 1: $1.85
Target 2: $2.00
Target 3: $2.37
Target 3: $2.75
Max Leverage: 2x
ALWAYS KEEP STOP LOSS...
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