ALPHAUSDT forming falling wedge, watch the dip for best entry!
after the price breakdown it's consolidation block on 0.95 price level, ALPHA start to form falling wedge, there are 2 possible scenario :
1. it's continue to complete the falling wedge pattern and will blast out (cause by the time it will be on the bullish divergence area).
2. it's hodling up on the consolidation box and start rising up, but if this scenario happen i dont think it have enough buy pressure to reverse the trend.
keep wait and see for the best possible entry cause at the end the market will tell.
safe trading and have a continouse profit !
1. it's continue to complete the falling wedge pattern and will blast out (cause by the time it will be on the bullish divergence area).
2. it's hodling up on the consolidation box and start rising up, but if this scenario happen i dont think it have enough buy pressure to reverse the trend.
keep wait and see for the best possible entry cause at the end the market will tell.
safe trading and have a continouse profit !
Trade closed: target reached:
and market do it magics, turns out it holds on the consolidation box and it bounce up!!! happy profit guys :)