FieryTrading

πŸ”₯ ALPHA Triple Bottom Channel Trade

Long
BINANCE:ALPHAUSDT   ALPHA / TetherUS
ALPHA has been inside a massive channel, see the analysis below for a long term overview:


At the moment, ALPHA is at a key level. Firstly, the lower support of the long term channel is hit. Secondly, there's a possibility for a triple bottom reversal.

Since ALPHA has been underperforming to many other cryptos, I think it's time for ALPHA to shine.

Before entering this trade wait for the price to close above the Entry line. Higher time frames yield a higher predictive power.

On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs. Do your own due diligence.

Happy trading!
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βœ…2020 result: +60% per week
βœ…2021 result: +213% per week

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Comments

what's happen?
it's seems your analysis failed...
Or does it need more time?!!!
Reply
@Morycoin, Bitcoin dropped, ALPHA is not doing great at all last two days. Not every trade is a winner.
Reply
Morycoin FieryTrading
@FieryTrading, Thanks for reply ...
I hold this coin for a week or sell it now, what's your idea?
Reply
Wonderful analysis here
Reply
great analysis mate, thanks for sharing
Reply
like the RVN idea, great)
Reply
FieryTrading Henry_Ross
@Henry_Ross, thanks my friendπŸ”₯
Reply
Very good Idea. Thank you!
Reply
FieryTrading KlejdiCuni
@KlejdiCuni, πŸ”₯πŸ™
Reply
Man, these crypto charts are epic! Awesome work brother ! πŸ”₯
Reply
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