+575% r coming before 2022 ... so juicy to hold ✨
Till now $0.60 is seems to be holding well for Alpha after testing it.
Most likely we gonna see a bounce up from a double bottom support.
Look at the channel on the chart, u will get that we r trying to break $1 resistance.
An estimated pullback from $1 to $0.60 within June. ( about 40% down)
On short-term n Mid-term we r bullish .
For long-term, Alpha can reach $4 before 2021 ends.
If we moved as expected on the chart, it will be a good indicator to see supports hold for 2nd time at 60 cents.
The best time to buy, when double bottom is confirmed n support hold successfully.
For me, I will buy 25% now n the rest will be filled at 60 cents region after confirmation.
After we gonna break $1 resistance we will see $1.65 straightway. (175% easily)
Pull back can be done from $1 or $1.15 ( diagonal resistance)
If u r holding now don't sell n wait to add more at $0.60 region.
DONT LEVERAGE N USE A PROPER RISK MANAGEMENT STRATEGY !!
ALPHAUSDT
ALPHAUSDT H8: BEST level to BUY/HOLD 140% gains.(NEW)ALPHAUSDT H8: BEST level to BUY/HOLD 140% gains.(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
READ ENTIRE IDEA BEFORE BUYING!
🔸 Summary and potential trade setup
::: ALPHAUSDT 8hour chart review
::: previously broke down from
::: distribution range
::: focus on buying re-test of the lows
::: near 0.65 USDT
::: right now mini accumulation in progress
::: BULLS may target re-test of MID RANGE
::: TP BULLS +140% focus on buying low
::: best reload BULLS near 0.65 USDT
::: use tight stop loss / do your own due dill
::: Speculative bullish setup
::: expecting strong bounce off DB
::: get ready to BUY low / hold it
::: 140% gains possible from my level
::: strategy: BUY LOW after pullback
::: TP bulls is +140% gains BUY/HOLD setup
::: buy near my level and get rewarded
::: TP bulls is +140%
::: good luck traders
🔸 Supply/Demand Zones
::: dem/supp N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS/CORRECTION MODE
::: Sentiment outlook mid-term: BULLISH/140% BOUNCE
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
ALPHA - Perfect Waves - ALPHAUSDTThe price action for Alpha has been clean. We can see that it has been following the fundamentals of wave analysis - 5 wave impulses, 3 wave corrections.
We can see that the impulse from February is identical to the impulse we just had - both in size of drop and duration of impulse. We can possibly see the start of a bullish move now.
For confirmation, we will be looking at a break of the $1 mark which would change the structure from bearish to bullish.
ALPHA - Perfect Waves - ALPHAUSDT The price action for Alpha has been clean. We can see that it has been following the fundamentals of wave analysis - 5 wave impulses, 3 wave corrections.
We can see that the impulse from February is identical to the impulse we just had - both in size of drop and duration of impulse. We can possibly see the start of a bullish move now.
For confirmation, we will be looking at a break of the $1 mark which would change the structure from bearish to bullish.
Alpha is about to breakout the Channelas its shown in the chart, BINANCE:ALPHABTC is trading in a side channel and now it is about to break the channel upwardly. so wait for breakout and confirmation and then open your position accordingly.
in case of breakout, targets are 4600 and 5200 sats.
happy hunting!
Alpha Finance Lab (ALPHA) • Is this final attempt? ALPHA went on longer consolidation and now if offering another try to the breakout out of the trend. A lot also depends if Bitcoin doesn't decide to crash.
Nonetheless there is a a chance we see another stop-hunt bellow the recent local lows.
Managing risk accordingly is always required
DEFI tokens trending up.
ALPHAUSDT --> Nearing breakout - Potential +16%Alpha went on a massive 60% tear last month, retraced 20% (.382 fib) and now looks like it wants to get bullish again. Price is being squeezed into a corner where it needs to go either up a lot, or down a lot.
Most alt movements are decided by what BTC does, so BTC generally has the last say in what ALPHA will do.
Has to be said that this is a descending triangle = bearish. The fact we are in a bull market makes it more neutral. But generally these want to break downwards.
-=-=-=-=-=-=-
ENTRY
-=-=-=-=-=-=-
BUY: 4H break and close
TARGET: 2.25
STOP: Break and close below current support
-=-=-=-=-=-=-
--==--==--==--
Fundamentals
--==--==--==--
Rank #130
Market Cap = $546,235,083
DEFI
--==--==--==----==--==--==--
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 🎲
Tell me your ideas. Like and Share 🗣✅
ALPHAUSDTthis alt has been in a big scale sideway for a long time and in addition it has done a clean break and pullback to trend line which both are plotted at the chart and the analysis of our candles and ATR ratio clarified us to publish this idea which this alt is going to moon soon
👉This idea has the confirmation of "advanced price action"
👉For more information don't be shy and get in private chat of trading view
👉Hit share and spread the information in public chats or your twitter for everybody to get profit