Long
👑Alpha Finance Lab/USDT Analysis (7/2) #ALPHA $ALPHA

ALPHA is having a fairly strong correction from $2.9 zone to $2 zone. However, the selling force was not too strong, but mainly came from the decline in buying power.
And $2 zone is fine for us to buy, but my advice is we need to prepare the same amount of money in case ALPHA falls again to $1.6 zone over the next 3 days.
It is highly likely that ALPHA will conquer $2.4 zone to continue increasing to $4 zone in mid-February
📈BUY
-Buy: 1.9-2.0$. SL if B
-Buy: 1.5-1.6$. SL if B
-Buy: 2.3-2.4$ if A. SL if B
📉SELL
-Sell: 2.3-2.4$ if B. SL if A
-Sell: 3.8-4.0$. SL if A
❓Details
Condition A : "If 8H candle closes ABOVE this zone"
Condition B : "If 8H candle closes BELOW this zone"
And $2 zone is fine for us to buy, but my advice is we need to prepare the same amount of money in case ALPHA falls again to $1.6 zone over the next 3 days.
It is highly likely that ALPHA will conquer $2.4 zone to continue increasing to $4 zone in mid-February
📈BUY
-Buy: 1.9-2.0$. SL if B
-Buy: 1.5-1.6$. SL if B
-Buy: 2.3-2.4$ if A. SL if B
📉SELL
-Sell: 2.3-2.4$ if B. SL if A
-Sell: 3.8-4.0$. SL if A
❓Details
Condition A : "If 8H candle closes ABOVE this zone"
Condition B : "If 8H candle closes BELOW this zone"
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.