ClearOpenDoor

Alpha Weekly: Ready to Reload One More Time?

Short
BINANCE:ALPHAUSDT   ALPHA / TetherUS
How do you think ALPHA will close this weekly candle?

It has had a sizable bounce from the swing-low this week, resulting in almost 100% gains for those who are holding. Congratulations if you are one of those people.

Now, if you are still waiting on the sidelines and think you have missed out on this absolute beast of a coin, pay attention to the daily and weekly closes for both bitcoin and ALPHA tonight. There still lies a possibility that we could see one more strong impulsive move to the downside. On everything. If that is the case, then forgive my messy lines but they all represent supply zones for available reversal points were there to be a sudden bleed-out that catches everyone unawares.

Good luck fam!

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.