ALPHAUSDT Technical analaysis Update
ALPHA/USDT currently trading at $1.00
swing trade setup
Short level : Below $6.93
Stop loss: $0.80
Max Leverage 1x
Always keep Stop loss
Note: please do your own research before investing. Never invest money that you can't afford to lose.
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Everything on the chart.
open pos: 0.96-1.02
target: 1.3 - 1.6 - 1.8
after first target reached move ur stop to breakeven
stop: ~0.75(depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 3.5
Good luck everyone!
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SNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON...
ALPHAUSDT SHORT/BEARISH - We're currently in a range which means you should sell high and buy long, we're at VAH which is a strong resistance and a place to short, if we break this resistance the next place to short is at the light blue line named SFP. I am personally now in a short with TP at the Daily (next level to the downside)
Alpha is clearly back in an uptrend and almost finished this cup and handle pattern.
Next target for me is the upper line of the channel and then it might pull back a little bit to get ready for the next move up.
This year could be huge for ALPHA!
Also, look at the weekly. Stochastic RSI has just made a bullish crossover.
Till now $0.60 is seems to be holding well for Alpha after testing it.
Most likely we gonna see a bounce up from a double bottom support.
Look at the channel on the chart, u will get that we r trying to break $1 resistance.
An estimated pullback from $1 to $0.60 within June. ( about 40% down)
On short-term n Mid-term we r bullish .
During this time, Alpha can reach its goals quickly with the rapid growth it has taken. The target of the goals are clear in the picture, based on the relationship between the waves and Fibonacci. Be profitable.
Awesome formation in Alphausdt.
Breakout has been achieved in the 4th time..
96 days of consolidation..
Macd has been already crossed up..
Moving averages are holding the price candle like a torch..
Nice accumulation volume..
This coin is ready for take off..
Formation Target >> $4