ALPHUSDT trade ideas
ALPH heading for $2 territoryALPH heading for $2 territory. seems to be following liquidity levels very well on this move up. what do we think?
$ALPH due for a upward movement LSE:ALPH due for a upward movement, symmetrical triangle that has been building for a month
ALPH NEW TREND VOLUMEThank you for reading this update.
ALPH showing a new volume trend that can bring this coin in the coming time in a break trend.
ALPH Bullish ALPH looks really strong, and i expect a continuation of the bullish trend till 3.3, a key resistance level. Here we should see some retracement till actual highs. Waiting for a break of previous highs as confirmation
My view on ALEPHIUM for the following weekHi everyone!
In this idea I see ALEPHIUM follow Wave B towards the highlighted zone before going back to clear the FVGs left behind by Wave 3 and Wave 5
ALPH could this be next?simple fib levels with an elliot impulsive wave, now that we've hit and sucked out all the demand?
ALEPHIUM PLAN FOR WEEKENDI see #ALPH retracing to the golden box since the theory says W4 can not enter the range of W1, before goin upwards following Wave A.
ALPH bought more here for a swing to these levelsALPH bought more here for a swing to these levels, high likelyhood of reaching this before more correction
Alph - Generation Wealth Generator? Massive Gains ahead
Alephium: Revolutionizing Decentralized Applications
Price Points to watch
Support Zone: $.8344 - $1.15
Resistance Level: $1.33 -$1.65
Target 1: $2.14
Target 2: $2.65
Discover Alephium, a cutting-edge blockchain that seamlessly blends innovation, scalability, and security to cater to the needs of both developers and users alike. With its mantra of being scalable for developers, secure for users, and decentralized for all, Alephium has emerged as a powerhouse in the realm of decentralized applications (dApps).
At the heart of Alephium's prowess lies its ingenious combination of innovative sharding, expressive sUTXO (stateful Unspent Transaction Output), and an efficient Proof-of-Less-Work (PoLW) consensus mechanism. This triumvirate not only ensures the security of dApps but also lays the foundation for their scalability in real-world use cases.
From its technical design to user interfaces, Alephium has been meticulously crafted to confront the challenges faced by decentralized applications head-on. It introduces a programmable and secure environment, presenting a stateful UTXO model that not only achieves layer-1 scalability but also matches the programmability level seen in Ethereum's account model, all while providing enhanced security.
Alephium stands out as an eco-friendly choice in the blockchain landscape, thanks to its Proof-of-Less-Work mechanism. By dynamically adjusting the work required to mine new blocks through a combination of physical work and coin economics, Alephium manages to achieve the same results with only 1/8th of the energy consumption compared to Bitcoin, making it a sustainable option for environmentally conscious users.
In addition to its scalability and energy efficiency, Alephium introduces its custom virtual machine, Alphred, to enhance the on-chain structure. Alphred not only addresses critical issues present in current dApps platforms but also brings forth significant improvements in security, development experience, and introduces new paradigms such as trustless peer-to-peer smart contract transactions.
For those seeking a blockchain that pushes the boundaries of what's possible in decentralized applications, Alephium stands as a beacon of innovation, offering a secure, scalable, and decentralized ecosystem that pioneers a new era in blockchain technology.
buy the dip ALEPHIUM1.70 / 1.60 good idea to accumulate ! isn't it ?
Alephium has a good community supporting it. So it 's natural to buy the dip
ALPH ideaI think this could be a GREAT entry on ALPH. already got a nice little pullback at the $2 level, so it couldn't hurt to add here. but the red box is a hig liqudity/high demand area i think would be a phenominal entry if we get it
ALPH short term move?i beleive we see a little pop to the fib level and test the underside of trendline to complete a wyckoff distribution on a much shorter timeframe. my plan is to pull 50% out once we hit the 2, then rebuy at the 5. letting the rest do its thing
ALPH - A true Alpha , getting startedThis coin is new to this cycle.
It has very good team and has started its journey to wards upside.
Ian Ballina of tokenmetrics has predicted it to be a 100X gem @0.2$. it has already done 10X.
x.com
but from TA PoV, the coin just moved beyond its previous ATH of 1.98$ and now its is price discovery phase.
fic extensions 1.68 and 2.68 are out immediate targets.
we will focus one this coin more often than not.
** not a financial advice. none of my post are financial advices they are just trading ideas.
Alephium breakout on weekly pennantAlephium broke out of the resistance line last month or so, it's been consolidating and forming a new base at the 50 cent mark.
The increase in volume on this recent breakout run adds validation to the bull case. I see an upside breakout here and aiming for a $3 level to be tapped. Long term, this project is goes at a minimum to double digit, circa about $500 million to $1 billion in market cap. Market cap right now is $39 million at 65 cents. At a $500 million market cap, this places price at $8.33 with current circulating supply of of 59 million coins.
This is a conservative estimate as well, peak bull mania cycle this thing goes to $5 billion dollars easily ($83 per ALPH coin).
Don't miss it, alot of KASPA money and OGs have rotated into ALPH.
Alephium will break out of bull pennant tagging $3Price filled the liquidity gap on the 4hr BISI node repeatedly and hammered out a 50 cent floor.
Next phase is breakout of the pennant and running the length of the flagpole, should put is over $3 quickly.
See the weekly chart idea:
Bullish Cup with Handle Pattern Breakout and RetestThe Cup with Handle pattern is a bullish consolidation pattern characterized by a bowl-shaped structure. This formation typically spans a time frame of 1 to 6 months, and occasionally even longer, as observed on weekly and monthly charts. The "handle" component of the pattern ideally develops over 1 to 4 weeks, adapting to the cup's time frame. Following these guidelines aids in pattern recognition and trade execution.
Pattern Analysis:
In the present chart, we are witnessing the emergence of a Cup with Handle pattern that has printed over the span of four months. This consolidation pattern carries a bullish undertone and showcases promising potential for a breakout.
Breakout and Retest:
The breakout phase of the pattern is already in play, indicating a surge in buying interest. It is important to acknowledge that the breakout might have some volatility associated with it. As the price ventures beyond the handle's resistance, it's essential to closely monitor price action for confirmation of the breakout's sustainability. This is further validated by the ongoing retest of the support, which is a crucial step in confirming the newfound upward momentum.
Price Projection/Price Target:
To forecast the potential advance following the breakout, we can calculate the projected distance from the right peak of the cup to the cup's bottom. This measurement can be added to the breakout point to estimate a potential target. Additionally, the height of the cup itself, measured from its highest point to the bottom, can serve as an alternative price target indication. These projections provide traders with potential price zones to focus on during the pattern's development.
Previous Pattern Fulfillment:
The preceding inverted Head and Shoulders pattern has successfully met its target, as indicated by the yellow arrows on the chart. This achievement adds credibility to the current Cup with Handle pattern's potential for success.
TL;DR, with a four-month formation period and a currently active breakout phase, combined with the ongoing retest of support, the pattern demonstrates a bullish bias. However, it's crucial to remain cautious and confirm the sustainability of the breakout through careful observation of price action. The successful realization of the previous pattern's target adds weight to the potential success of this current pattern. As always, risk management and vigilance are key when considering any trade based on technical patterns
