ALPHAUSDT breakdown alertALPHAUSDT breakdown alert
ALPHAUSDT has broken down from a descending triangle pattern, which is typically a bearish continuation setup. The price failed to hold above the lower support trendline, indicating increased selling pressure and a possible continuation of the downtrend.
If the breakdown sustains with strong volume, we may see further downside movement. However, if the price quickly reclaims the broken support level, the move could turn out to be a fakeout.
Key levels to watch:
* Previous support now acting as resistance
* Breakdown confirmation zone
* Volume strength for validation
Keep an eye on ALPHA — confirmation of this breakdown could lead to lower targets ahead.
Alphausdtshort
alpha retest inalpha looking good here after retesting breaking the down trend
could see a big move soon
ALPHAUSDT SHORT/BEARISHALPHAUSDT SHORT/BEARISH - We're currently in a range which means you should sell high and buy long, we're at VAH which is a strong resistance and a place to short, if we break this resistance the next place to short is at the light blue line named SFP. I am personally now in a short with TP at the Daily (next level to the downside)
+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 !!