ALPHAUSDT trade ideas
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)
ALPHA - Is it over?ALPHA moved more than 60% which is amazing. But I think it's he end of it because it topped all the local resistance areas and now the sell volume is going up. It must have a small correction before going up again.
If the prices crossed that resistance area and closed a 4H candle above that price zone, then you can open your long positions and aim for the other resistance line as TP!
Current Market Price: $0.8550
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ALPHAUSDT cup and handleAlpha is clearly back in an uptrend and almost finished this cup and handle pattern.
Next target for me is the upper line of the channel and then it might pull back a little bit to get ready for the next move up.
This year could be huge for ALPHA!
Also, look at the weekly. Stochastic RSI has just made a bullish crossover.
ALPHA coins : buy and hodl for long term bullish . for my analysis : alpha coin is a governance token for alpha homara . it's defi platform for liquidlity and swap that 12th of overall .
i think in the not too distant future, alpha coins will cost much higher than before by looking at the first price is 6.7$ and next target price is 45.4$.
thank you for reading my pov analysis .
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ALPHA - Approaching Buy Area!In our previous analysis we were waiting for Alpha to move down more to our buy area between 0.3 and 0.5. We are now approaching that area in a descending correction which is often a reversal pattern.
We will be waiting for a breakout and entering on the break with stops below the correction.
ALPHA - Approaching Buy Area!In our previous analysis we were waiting for Alpha to move down more to our buy area between 0.3 and 0.5. We are now approaching that area in a descending correction which is often a reversal pattern.
We will be waiting for a breakout and entering on the break with stops below the correction.
ALPHAUSDTPrice was influenced by the sellers (bears), which pushed the price from the major resistance zone at the price of 2.2000 to the major support zone at the price of 0.5129. Since then, the price has been consolidating, and form a minor resistance at 1.000. However, the price has also formed a chart pattern known as Falling Wedge which signifies an uptrend. If the price can break and close above the resistance trendline, a bullish pressure will come in place to the minor resistance zone, and a break above the minor resistance line, another bullish pressure will set in further up following the arrow drawn.
+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 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.