ALPHAUSDT trade ideas
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 🎲
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Alpha go or not?
CHECK OTHER IDEA FIRST THIS IS NOT PRO:::))))
alpha should move after BTC move and stop
green line is TP
but before come dow with 3th wave on 1.8009 and after move going too top
on 1.9717 have big resistance can breaking this going too moon
SORRY THE CHART IS BUSY :)
i think tomorrow go TOO first TP 2.317
Alphausdtalpha break the correction lane and complete pullback now
fibo time show us after a hug upside move a correction made then it back and make a new high
every upside movement more than 700% profit so i think it can do it again .
Like and comment if you agree with me
ALPHAUSDT - LONG SETUPALPHA has broke out of the corrective downtrend resistance and is forming new bullish structure, we had a daily close above horizontal resistance yesterday and we are now retesting it as support, if this zone holds its likely we see more upside movement
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"
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ALPHA Support and Resistance LevelsALPHAUSDT Support and Resistance Levels
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Attention: this isn't financial advice we are just trying to help people on their own vision.
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Think $ALPHAMarket Cap: $502,013,173
24 Hour Trading Vol: $106,004,411
24h Low / 24h High: $1.84 / $2.07
Circulating Supply: 250,153,035 / 1,000,000,000
Total Value Locked (TVL): $917,401,852
Market Cap / TVL Ratio: 0.55
Fully Diluted Valuation / TVL Ratio: 2.19
Source: www.coingecko.com
DeFi Time and I am Bullish on ALPHA Finance LabAnd we have broken the triangle, hopefully some fine and dandy consolidation before another break higher.
Been following this we gem for a while as it has pretty good fundamentals and some unique features on other Defi products.
Like how Alpha lets you farm with leverage, and the latest is they have a new protocol "Alpha Vaults" which automatically manages liquidity on Uniswap v3 for you and claims to earn more yield from concentrating liquidity and periodically rebalancing which apparently reduces impermanent loss.
Sounds to me like an opportunity to get an edge over other competitors which is exactly what you need in this competitive marketspace.
Source:
medium.com
Not trading advice, just a noob trying to be more diligent and regimented in his trading strategies.
TP1 $3.55
TP2 $4.00
TP3 $4.25
SL $1.65
Hopefully by documenting this one trade so formally(which is unlike me) I now actually follow the plan :P
Wish me luck!
