All that goes up, must eventually comes dowm. Though a well known fact, it is always difficult to know why.
Apha Homora, a roaring DeFi platform that has witnessed meteoric rise for the past few months is taking a nose dive all of the sudden.
Following an exploit on Alpha V2 which let attackers utillizes flash load exploit to get away with large sum of money on...
ALPHA/BTC is forming a vert wide and big megaphone pattern on the D1 chart. With the recent influx of volume, we might see a very bullish period ahead of us.
Not only is this pattern bullish, the fact that Bitcoin dominance is diminishing at a very fast rate means that the X/BTC pairs show a very nice investment opportunity now.
I've marked two targets on the...
About Alpha Finance Lab
Alpha Finance Lab describes itself as a cross-chain DeFi platform that will interoperate and bring alpha to users across different blockchains such as Binance Smart Chain (BSC) and Ethereum. Alpha Lending, the first product built by Alpha Finance Lab, is a decentralized lending protocol with algorithmically-adjusted interest rates. ALPHA...
ALPHA / BTC Found Support on 50 SMA on 1D chart!
After recent hack, ALPHA was moving in descending channel, but it just broke out of that channel and now it's moving sideways finding strong support at 3000sats.
This is also strong historical support/resistance zone supported by volume. MACD and Stoch are also also supporting idea that it's a good moment to...
Alpha has been bullish for some time and a great trend.
Here I have ALPHA doing a particular move.
However there are 2 scenarios, based on what BTC does now.
So finding your entry takes on risk.
All the best,
Looking for a pullback after a ~200%+ movement in 14days..
Currently retesting 2800 sats level, if does not hodl, then
may be a good play to lock profits and aim for a lower entry (even a 40% correction could be in play)
new all time high against /BTC
harder to make Buy/sell signals smoother than this 😇
Breaking above ~1600sats level w/ really weak volume tbh..
Anyway. Expect to see ATH against /BTC across many pairs over the next days