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ALPHA / TetherUS PERPETUAL CONTRACT

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ALPHAUSDT.P trade ideas

🔥 ALPHA/USDT New Re-Entry SoonALPHA is one of those coins that simply keeps on giving. Since its November lows this coin has seen an increase of over 8,000% over the last couple of months. As marked on the chart, ALPHA seems to be inside a channel. At the moment ALPHA is very near the top resistance of the channel and the size of the candles are showing early warnings of a potential reversal soon. Beware that the top of the channel could easily be another +50% increase, so don't short without proper reversal confirmation. This post is to indicate that the next time to step into ALPHA for longer term investing would be around the end of February or start of March, assuming the channel holds. Do your own due diligence.
Short
by FieryTrading
17
AlphaUsd - example of a running flatThis is the example how EW patterns apply to the speculative and volatile instruments like cryptos. The “flag” is an example of a running flat. Structure of the waves: 3-3-5. Classical structure, textbook entry (break of wave iv of the wave C in the flat. Confirmed by ma20 (red line, part of 20 bollinger bands indicator). Once the extreme of such a flat is broken, in a trending move price accelerates and does not enter the territory of the corrective pattern, until the impulse loses momentum
by UnknownUnicorn3382580
1
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 :)
by P_S_trade
8