ALPHAUSDT
ALPHA to $4.25Alpha Finance have enough energy to go up!
--
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.
--
Good luck and always use SL!
*** THIS IS NOT A FINANCIAL ADVICE *** DYOR!
Alpha 12h Be careful with long, it may hurtIn our previous idea, in November 2020, we wrote about a young and ambitious project from the DeFi sector the Alpha Finance Lab.
In the same forecast, we assumed x3 growth and , of course, that it came true.
After all, AlphaUSDT gave investors x75 from November to today. Karl x75 in 3 months ... this a mad cool)
A fly in the ointment is volume ... the value of AlphaUSD is growing without volumes and this is a very bad sign.
It looks like someone is pushing the price up to the target.
Let us assume that the mark of $2 will be the culmination of sales.
And further we can expect a fall and quite a strong one.
The lower limit of the channel is around $1.
And the liquidity zone is in the range of $0.67-0.73. It was there that an interested investor, and maybe the creator of the project, aggressively dumped the first portion of Alpha tokens.
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
Alpha Finance Lab - ALPHAUSDT - Bull flag + DEFI Bullish- Alpha is now one of the most bullish DEFI coins out there
- Check my related analysis on DEFI space below ↓
- We can expect higher prices. The target can be 1.618 fib extension for 3rd Elliott wave to the upside
- The price is above 20 daily moving average
If you want more of these ideas, hit the like button and follow me, so you don't miss any update!
Also, check my signature down below ↓