BINANCE:ALPHAUSDT forms an attempt of the market transition from consolidation to the phase of realization of the accumulated potential within the framework of the uptrend.
Key accumulation area 0.500 - 0.0630. The resistance is broken, consolidation is formed above the upper boundary of the range, which hints about the readiness of the coin to realize the accumulated potential. In our case it is the growth from 0.15-0.16. On H4 the price also breaks the resistance of consolidation (triangle) and tests 0.16. This level is the key at the moment, it is worth waiting for the price to consolidate above this level for further strengthening of ALPHA coin.
Resistance levels: 0.1600, 0.1720 Support levels: 0.1369, 0.1420
Technically, the coin has energy and potential for further upside. Therefore, we should wait for the price to consolidate in the green zone in order to form further growth