The last time we posted Alpha was on June 17th where we identified the descending correction and our buy zone.
Price came into our zone perfectly and broke out the descending correction. Since then, price has moved over 260%!
We are now looking for continuation trades. Watch for price action back to the ascending trendline and enter with stops below the...
Price has been pushing up by making HH and HL. At this moment, Alpha retested previous HL zone and potentially will push up. I also located SL just in case momentum depicts. When price moves in your favour 1:1, I will move my SL to entry level and it will be risk free
Chart talks to us
We have entered a new phase of price movement. With new developments for the cryptocurrency industry, we are witnessing new fluctuations and movements. The beginning of new Elliott waves and harmonic patterns.
Pretty obvious charting. If we break the prices that we encountered in May then we are in no man land with no resistance, I see us doubling from ATH easily if those prices are broken.
NOT FINANCIAL ADVICE.
Here is another coin I have choose to short based on the Market Dominance BTC.D moving UP from a low level
The orange line is the BTC.D Chart
I have seen some other coins to, but I'll not put them all
I have see also SPY breakging down an upside trend line :